Natixis Advisors LLC Acquires 49,231 Shares of Vale S.A. $VALE

Natixis Advisors LLC boosted its holdings in shares of Vale S.A. (NYSE:VALE) by 11.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 469,790 shares of the basic materials company’s stock after acquiring an additional 49,231 shares during the quarter. Natixis Advisors LLC’s holdings in Vale were worth $6,121,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Nomura Asset Management Co. Ltd. lifted its position in shares of Vale by 11.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 108,359 shares of the basic materials company’s stock worth $1,412,000 after purchasing an additional 10,936 shares during the period. Texas Yale Capital Corp. lifted its position in shares of Vale by 24.0% in the 4th quarter. Texas Yale Capital Corp. now owns 12,900 shares of the basic materials company’s stock worth $168,000 after purchasing an additional 2,500 shares during the period. Savant Capital LLC lifted its position in shares of Vale by 1.7% in the 4th quarter. Savant Capital LLC now owns 59,643 shares of the basic materials company’s stock worth $777,000 after purchasing an additional 1,020 shares during the period. Foundations Investment Advisors LLC acquired a new position in shares of Vale in the 4th quarter worth approximately $16,470,000. Finally, Huntington National Bank lifted its position in shares of Vale by 72.3% in the 4th quarter. Huntington National Bank now owns 8,121 shares of the basic materials company’s stock worth $106,000 after purchasing an additional 3,408 shares during the period. 21.85% of the stock is owned by institutional investors.

Insider Buying and Selling at Vale

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

Vale Stock Down 1.5%

Vale stock opened at $15.00 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.48. Vale S.A. has a 12-month low of $8.97 and a 12-month high of $17.94. The firm’s fifty day moving average is $16.53 and its 200 day moving average is $15.31. The company has a market capitalization of $68.07 billion, a PE ratio of 22.38 and a beta of 0.46.

Vale (NYSE:VALE) last released its quarterly earnings data on Tuesday, April 28th. The basic materials company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.08). Vale had a return on equity of 21.10% and a net margin of 7.21%.The business had revenue of $9.26 billion for the quarter, compared to analyst estimates of $9.53 billion. As a group, sell-side analysts predict that Vale S.A. will post 2.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Barclays boosted their price target on shares of Vale from $15.50 to $16.50 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Bank of America upgraded shares of Vale from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $18.00 to $19.00 in a research report on Thursday, April 2nd. Wall Street Zen downgraded shares of Vale from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. Royal Bank Of Canada downgraded shares of Vale from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from $14.50 to $15.50 in a research report on Thursday, March 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Vale in a research report on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Vale currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.65.

Vale Profile

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.