IPG Investment Advisors LLC Has $651,000 Holdings in YPF Sociedad Anónima $YPF

IPG Investment Advisors LLC lifted its stake in shares of YPF Sociedad Anónima (NYSE:YPF) by 165.8% in the 2nd quarter, Holdings Channel reports. The fund owned 14,317 shares of the oil and gas exploration company’s stock after acquiring an additional 8,930 shares during the quarter. IPG Investment Advisors LLC’s holdings in YPF Sociedad Anónima were worth $651,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in YPF. GAMMA Investing LLC lifted its position in YPF Sociedad Anónima by 13.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,934 shares of the oil and gas exploration company’s stock valued at $88,000 after acquiring an additional 223 shares in the last quarter. First Growth Capital LLC increased its holdings in YPF Sociedad Anónima by 1.4% during the 1st quarter. First Growth Capital LLC now owns 18,587 shares of the oil and gas exploration company’s stock worth $824,000 after purchasing an additional 249 shares in the last quarter. HighTower Advisors LLC increased its holdings in YPF Sociedad Anónima by 3.3% during the 4th quarter. HighTower Advisors LLC now owns 8,523 shares of the oil and gas exploration company’s stock worth $308,000 after purchasing an additional 275 shares in the last quarter. Marex Group plc raised its stake in shares of YPF Sociedad Anónima by 5.7% in the 4th quarter. Marex Group plc now owns 9,702 shares of the oil and gas exploration company’s stock valued at $351,000 after purchasing an additional 522 shares during the period. Finally, Financial Management Professionals Inc. bought a new stake in shares of YPF Sociedad Anónima in the second quarter valued at about $27,000. 10.08% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on YPF. Wall Street Zen raised YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. Weiss Ratings raised YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c)” rating in a research report on Wednesday, August 26th. UBS Group boosted their target price on YPF Sociedad Anónima from $48.00 to $55.00 and gave the company a “neutral” rating in a research note on Thursday, August 27th. HSBC raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a research report on Monday, August 17th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of YPF Sociedad Anónima from $61.50 to $66.00 and gave the company an “overweight” rating in a report on Tuesday, September 1st. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.33.

YPF Sociedad Anónima Price Performance

NYSE:YPF opened at $56.08 on Friday. YPF Sociedad Anónima has a 1-year low of $22.82 and a 1-year high of $57.49. The company has a current ratio of 0.93, a quick ratio of 0.72 and a debt-to-equity ratio of 0.70. The firm has a fifty day simple moving average of $50.51 and a 200 day simple moving average of $46.75. The stock has a market capitalization of $22.06 billion, a PE ratio of 29.52 and a beta of 1.25.

YPF Sociedad Anónima (NYSE:YPF) last issued its earnings results on Monday, August 10th. The oil and gas exploration company reported $3.07 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $0.81. YPF Sociedad Anónima had a net margin of 3.60% and a return on equity of 10.86%. The business had revenue of $6.57 billion for the quarter, compared to the consensus estimate of $5.99 billion. On average, research analysts expect that YPF Sociedad Anónima will post 7.74 EPS for the current fiscal year.

Insider Transactions at YPF Sociedad Anónima

In other news, VP Matias Osvaldo Farina acquired 8,875 shares of the stock in a transaction dated Thursday, July 2nd. The shares were bought at an average cost of $45.22 per share, for a total transaction of $401,327.50. Following the purchase, the vice president directly owned 55,687 shares of the company’s stock, valued at approximately $2,518,166.14. This trade represents a 18.96% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Horacio Daniel Marin acquired 2,840 shares of the stock in a transaction dated Thursday, July 2nd. The shares were purchased at an average price of $46.35 per share, for a total transaction of $131,634.00. Following the completion of the purchase, the chief executive officer directly owned 92,193 shares in the company, valued at $4,273,145.55. The trade was a 3.18% increase in their ownership of the stock. The SEC filing for this purchase provides additional information.

YPF Sociedad Anónima Profile

YPF Sociedad Anónima is an Argentine integrated energy company engaged in the exploration, development and production of crude oil and natural gas. The company operates across Argentina, including the Vaca Muerta formation in the Neuquén Basin, one of the country’s most important unconventional hydrocarbon regions.

YPF’s downstream operations include refining crude oil, marketing fuels and lubricants, producing petrochemicals, and distributing petroleum products through a network of service stations and commercial channels.