Barometer Capital Management Inc. Takes $3.47 Million Position in YPF Sociedad Anónima $YPF

Barometer Capital Management Inc. bought a new stake in YPF Sociedad Anónima (NYSE:YPF) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 75,100 shares of the oil and gas exploration company’s stock, valued at approximately $3,471,000. YPF Sociedad Anónima makes up 1.4% of Barometer Capital Management Inc.’s holdings, making the stock its 20th biggest position.

A number of other institutional investors have also added to or reduced their stakes in YPF. Equinox Partners Investment Management LLC acquired a new stake in YPF Sociedad Anónima in the first quarter valued at $21,585,000. UBS Group AG increased its stake in shares of YPF Sociedad Anónima by 125.2% during the 3rd quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock worth $15,822,000 after purchasing an additional 362,155 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of YPF Sociedad Anónima by 161.2% in the 2nd quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company’s stock valued at $17,880,000 after purchasing an additional 350,842 shares during the period. Candriam S.C.A. raised its holdings in shares of YPF Sociedad Anónima by 202.0% in the 1st quarter. Candriam S.C.A. now owns 444,000 shares of the oil and gas exploration company’s stock valued at $20,522,000 after purchasing an additional 297,000 shares during the period. Finally, Alpine Global Management LLC acquired a new stake in YPF Sociedad Anónima in the 4th quarter valued at about $7,377,000. 10.08% of the stock is currently owned by institutional investors and hedge funds.

YPF Sociedad Anónima Stock Performance

Shares of YPF stock opened at $51.24 on Wednesday. YPF Sociedad Anónima has a 52 week low of $22.82 and a 52 week high of $57.49. The company has a market capitalization of $20.15 billion, a price-to-earnings ratio of -49.27 and a beta of 1.28. The company has a 50-day simple moving average of $49.39 and a 200 day simple moving average of $42.96. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.94.

YPF Sociedad Anónima (NYSE:YPF) last released its quarterly earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.20. The firm had revenue of $5.03 billion for the quarter, compared to analysts’ expectations of $5.04 billion. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. On average, sell-side analysts predict that YPF Sociedad Anónima will post 7.22 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on YPF shares. Wall Street Zen upgraded YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a report on Saturday. Zacks Research lowered YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. UBS Group raised their price objective on YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Morgan Stanley upgraded YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 30th. Finally, Weiss Ratings raised YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 28th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $46.00.

Insider Buying and Selling at YPF Sociedad Anónima

In other YPF Sociedad Anónima news, VP Matias Osvaldo Farina purchased 8,875 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were acquired at an average cost of $45.22 per share, for a total transaction of $401,327.50. Following the completion of the purchase, the vice president owned 55,687 shares of the company’s stock, valued at approximately $2,518,166.14. The trade was a 18.96% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Horacio Daniel Marin purchased 2,840 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The stock was acquired 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 of the company’s stock, valued at $4,273,145.55. This represents a 3.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 11,792 shares of company stock worth $537,153 in the last quarter.

YPF Sociedad Anónima 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.