BlueCrest Capital Management Ltd Grows Stock Position in YPF Sociedad Anónima $YPF

BlueCrest Capital Management Ltd raised its position in YPF Sociedad Anónima (NYSE:YPF) by 52.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 66,504 shares of the oil and gas exploration company’s stock after acquiring an additional 23,004 shares during the period. BlueCrest Capital Management Ltd’s holdings in YPF Sociedad Anónima were worth $3,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analyst Upgrades and Downgrades

YPF has been the subject of several recent research reports. Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th. UBS Group upped their price target on shares of YPF Sociedad Anónima from $48.00 to $55.00 and gave the company a “neutral” rating in a research note on Thursday, August 27th. Weiss Ratings raised shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c)” rating in a report on Wednesday, August 26th. Zacks Research lowered shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, HSBC raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a report on Monday, August 17th. 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 an average price target of $60.33.

YPF Sociedad Anónima Stock Up 3.2%

YPF stock opened at $54.81 on Thursday. The stock has a 50-day simple moving average of $50.28 and a two-hundred day simple moving average of $46.62. YPF Sociedad Anónima has a twelve month low of $22.82 and a twelve month high of $57.49. The firm has a market capitalization of $21.56 billion, a PE ratio of 28.85 and a beta of 1.25. The company has a quick ratio of 0.72, a current ratio of 0.93 and a debt-to-equity ratio of 0.70.

YPF Sociedad Anónima (NYSE:YPF) last announced its quarterly earnings results on Monday, August 10th. The oil and gas exploration company reported $3.07 earnings per share (EPS) 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 firm had revenue of $6.57 billion for the quarter, compared to the consensus estimate of $5.99 billion. On average, equities analysts predict that YPF Sociedad Anónima will post 7.74 EPS for the current fiscal year.

Insider Buying and Selling

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

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.