Morgan Stanley upgraded shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) from an equal weight rating to an overweight rating in a research note published on Monday, MarketBeat reports.
A number of other research analysts also recently commented on YPF. Zacks Research raised YPF Sociedad Anónima from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Weiss Ratings lowered YPF Sociedad Anónima from a “hold (c)” rating to a “sell (d)” rating in a research report on Monday, March 9th. Finally, Wall Street Zen upgraded YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research note on Monday, March 2nd. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $41.67.
View Our Latest Stock Report on YPF
YPF Sociedad Anónima Price Performance
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The oil and gas exploration company reported ($1.67) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($2.44). The firm had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $3.14 million. YPF Sociedad Anónima had a negative return on equity of 0.26% and a negative net margin of 4.48%. Equities research analysts anticipate that YPF Sociedad Anónima will post 7.25 earnings per share for the current fiscal year.
Insider Transactions at YPF Sociedad Anónima
In other YPF Sociedad Anónima news, VP Mauricio Alejandro Martin sold 3,430 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $43.60, for a total transaction of $149,548.00. Following the sale, the vice president owned 14 shares in the company, valued at $610.40. This represents a 99.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Marcelo Gustavo Aldeco sold 12,719 shares of the stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $43.61, for a total value of $554,675.59. Following the transaction, the vice president directly owned 101 shares in the company, valued at approximately $4,404.61. This represents a 99.21% decrease in their position. The disclosure for this sale is available in the SEC filing.
Hedge Funds Weigh In On YPF Sociedad Anónima
Hedge funds have recently added to or reduced their stakes in the business. HighTower Advisors LLC increased its stake in YPF Sociedad Anónima by 3.3% during the fourth quarter. HighTower Advisors LLC now owns 8,523 shares of the oil and gas exploration company’s stock valued at $308,000 after purchasing an additional 275 shares during the last quarter. Rakuten Securities Inc. lifted its position in shares of YPF Sociedad Anónima by 13.7% in the 4th quarter. Rakuten Securities Inc. now owns 2,598 shares of the oil and gas exploration company’s stock worth $94,000 after buying an additional 314 shares during the last quarter. RWC Asset Management LLP boosted its holdings in shares of YPF Sociedad Anónima by 0.4% in the 3rd quarter. RWC Asset Management LLP now owns 117,075 shares of the oil and gas exploration company’s stock valued at $2,844,000 after buying an additional 519 shares during the period. Marex Group plc boosted its holdings 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 buying an additional 522 shares during the period. Finally, Royal Bank of Canada grew its position in shares of YPF Sociedad Anónima by 20.8% during the 4th quarter. Royal Bank of Canada now owns 5,760 shares of the oil and gas exploration company’s stock valued at $208,000 after buying an additional 990 shares during the last quarter. Institutional investors and hedge funds own 10.08% of the company’s stock.
YPF Sociedad Anónima Company Profile
YPF Sociedad Anónima (NYSE: YPF) is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.
Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state‐owned oil company.
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