Credit Suisse Group AG upgraded shares of Yanzhou Coal Mining Co. Ltd. (NYSE:YZC) from an underperform rating to a neutral rating in a research note published on Monday morning.

Yanzhou Coal Mining Co. (NYSE:YZC) opened at 7.25 on Monday. The stock has a market capitalization of $3.56 billion, a PE ratio of 32.95 and a beta of 1.02. Yanzhou Coal Mining Co. has a 52-week low of $3.66 and a 52-week high of $8.09. The firm’s 50-day moving average is $7.51 and its 200 day moving average is $6.36.

A number of hedge funds have recently made changes to their positions in YZC. Credit Suisse AG boosted its stake in shares of Yanzhou Coal Mining Co. by 18.4% in the third quarter. Credit Suisse AG now owns 110,486 shares of the company’s stock worth $749,000 after buying an additional 17,155 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Yanzhou Coal Mining Co. by 193.3% in the third quarter. Jane Street Group LLC now owns 86,899 shares of the company’s stock worth $589,000 after buying an additional 57,275 shares in the last quarter. OLD Mission Capital LLC boosted its stake in shares of Yanzhou Coal Mining Co. by 13.8% in the third quarter. OLD Mission Capital LLC now owns 21,529 shares of the company’s stock worth $162,000 after buying an additional 2,613 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of Yanzhou Coal Mining Co. by 14.6% in the second quarter. Van ECK Associates Corp now owns 475,207 shares of the company’s stock worth $2,970,000 after buying an additional 60,604 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Yanzhou Coal Mining Co. by 3.6% in the second quarter. State Street Corp now owns 22,818 shares of the company’s stock worth $143,000 after buying an additional 800 shares in the last quarter. Hedge funds and other institutional investors own 0.42% of the company’s stock.

About Yanzhou Coal Mining Co.

Yanzhou Coal Mining Company Limited is a coal producer in China and Australia, which is primarily engaged in the mining, washing, processing and distribution of coal through railway transportation. The Company’s segments include Coal mining, which is engaged in underground and open-cut mining, preparation and sales of coal and potash mineral exploration; Coal railway transportation, which is engaged in the provision of railway transportation services; Methanol, electricity and heat supply, which is engaged in the production and sales of methanol and electricity and related heat supply services, and Equipment manufacturing, which is engaged in the manufacturing of coal mining and equipment.

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