Vale S.A. $VALE Position Increased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its position in shares of Vale S.A. (NYSE:VALE – Free Report) by 77.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,809,302 shares of the basic materials company’s stock after buying an additional 9,103,727 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Vale were worth $271,145,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC lifted its stake in Vale by 60.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 2,748 shares of the basic materials company’s stock valued at $30,000 after buying an additional 1,030 shares in the last quarter. Triumph Capital Management purchased a new stake in Vale during the third quarter valued at about $34,000. Huntington National Bank lifted its stake in Vale by 36.3% during the third quarter. Huntington National Bank now owns 4,713 shares of the basic materials company’s stock valued at $51,000 after buying an additional 1,256 shares in the last quarter. IFP Advisors Inc lifted its stake in Vale by 171.6% during the third quarter. IFP Advisors Inc now owns 4,951 shares of the basic materials company’s stock valued at $54,000 after buying an additional 3,128 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in Vale during the third quarter valued at about $59,000. 21.85% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, insider Parenti Grazielle Tallia acquired 10,464 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were purchased at an average price of $16.11 per share, for a total transaction of $168,575.04. Following the completion of the acquisition, the insider owned 10,464 shares of the company’s stock, valued at approximately $168,575.04. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Sobrinho Sami Arap acquired 12,990 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was purchased at an average price of $16.11 per share, for a total transaction of $209,268.90. Following the acquisition, the vice president directly owned 12,990 shares of the company’s stock, valued at $209,268.90. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure.

Analyst Upgrades and Downgrades

A number of analysts have commented on VALE shares. Wall Street Zen raised shares of Vale from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Wells Fargo & Company reaffirmed a “cautious” rating and set a $15.50 price objective on shares of Vale in a research note on Monday, February 16th. Scotiabank reaffirmed a “sector perform” rating and set a $16.50 price objective on shares of Vale in a research note on Monday, February 9th. JPMorgan Chase & Co. upped their price objective on shares of Vale from $18.00 to $18.50 and gave the company an “overweight” rating in a research note on Friday. Finally, The Goldman Sachs Group upped their target price on Vale from $13.80 to $18.00 and gave the company a “buy” rating in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $15.91.

Check Out Our Latest Stock Analysis on Vale

Vale Trading Up 2.0%

NYSE:VALE opened at $16.99 on Friday. The stock’s 50 day moving average price is $16.01 and its 200 day moving average price is $13.88. Vale S.A. has a 52 week low of $8.93 and a 52 week high of $17.72. The company has a market capitalization of $77.10 billion, a P/E ratio of 30.33 and a beta of 0.53. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.78 and a current ratio of 1.15.

Vale (NYSE:VALE – Get Free Report) last released its quarterly earnings data on Friday, February 13th. The basic materials company reported ($0.90) EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($1.42). Vale had a return on equity of 20.16% and a net margin of 6.12%.The firm had revenue of $11.06 billion during the quarter, compared to analyst estimates of $10.86 billion. On average, research analysts forecast that Vale S.A. will post 1.85 EPS for the current fiscal year.

Vale Company Profile

(Free Report)

Vale SA is a Brazilian multinational mining company and one of the world’s largest producers of iron ore and iron ore pellets. In addition to iron ore, the company produces and sells a range of bulk commodities and metals, including nickel, copper, coal, manganese, ferroalloys and cobalt, and it participates in the fertilizer inputs market. Vale also operates extensive logistics assets — including rail, port and maritime logistics — that support its mining and export activities and provide services to third parties in some regions.

Headquartered in Brazil, Vale maintains a global operational footprint with mining, processing and shipping activities across the Americas, Africa, Asia and Oceania.

See Also

• Five stocks we like better than Vale

Want to see what other hedge funds are holding VALE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vale S.A. (NYSE:VALE – Free Report).