Industry News

Banco Santander S.A. Increases Stock Holdings in YPF SA (NYSE:YPF)

By August 29, 2019 No Comments

Banco Santander S.A. increased its holdings in shares of YPF SA (NYSE:YPF) by 646.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,431 shares of the oil and gas exploration company’s stock after buying an additional 168,400 shares during the quarter. Banco Santander S.A.’s holdings in YPF were worth $3,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in YPF. Lazard Asset Management LLC grew its stake in YPF by 11.1% during the 1st quarter. Lazard Asset Management LLC now owns 30,663,401 shares of the oil and gas exploration company’s stock worth $429,593,000 after buying an additional 3,054,247 shares during the last quarter. FMR LLC purchased a new position in YPF during the 1st quarter worth $12,605,000. Sumitomo Mitsui Trust Holdings Inc. grew its stake in YPF by 5,941.1% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 622,230 shares of the oil and gas exploration company’s stock worth $11,331,000 after buying an additional 611,930 shares during the last quarter. Brandes Investment Partners LP grew its stake in YPF by 6.7% during the 1st quarter. Brandes Investment Partners LP now owns 8,648,492 shares of the oil and gas exploration company’s stock worth $121,166,000 after buying an additional 544,643 shares during the last quarter. Finally, Swiss National Bank purchased a new position in YPF during the 2nd quarter worth $7,610,000. Hedge funds and other institutional investors own 28.42% of the company’s stock.

YPF stock opened at $8.92 on Wednesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.82 and a current ratio of 1.12. The business’s 50-day simple moving average is $14.83 and its two-hundred day simple moving average is $15.08. The company has a market cap of $3.78 billion, a PE ratio of 2.69 and a beta of 1.18. YPF SA has a fifty-two week low of $8.87 and a fifty-two week high of $18.73.

YPF (NYSE:YPF) last posted its quarterly earnings results on Friday, August 16th. The oil and gas exploration company reported ($0.16) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.13). The firm had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.61 billion. YPF had a net margin of 4.18% and a return on equity of 5.22%. As a group, analysts predict that YPF SA will post 0.83 EPS for the current fiscal year.

Several brokerages recently weighed in on YPF. Raymond James restated a “buy” rating on shares of YPF in a research note on Monday, August 12th. ValuEngine downgraded YPF from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 1st. Finally, Zacks Investment Research downgraded YPF from a “hold” rating to a “sell” rating in a research note on Thursday, August 22nd. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $19.50.

About YPF

YPF Sociedad Anónima, an energy company, operates in the oil and gas upstream and downstream activities in Argentina. The company engages in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG). It is also involved in the refining, marketing, transportation, and distribution of oil, petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels, as well as in gas separation and natural gas distribution operations.

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Institutional Ownership by Quarter for YPF (NYSE:YPF)

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