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

Natixis Advisors LLC lifted its position in Vale S.A. (NYSE:VALE) by 11.7% in the 4th quarter, HoldingsChannel.com reports. 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 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. N.E.W. Advisory Services LLC bought a new stake in shares of Vale in the 4th quarter worth $26,000. Cary Street Partners Investment Advisory LLC grew its stake in shares of Vale by 60.0% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,748 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 1,030 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in shares of Vale by 15,360.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 3,092 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 3,072 shares in the last quarter. Triumph Capital Management bought a new stake in shares of Vale in the 3rd quarter worth $34,000. Finally, Huntington National Bank grew its stake in shares of Vale by 36.3% in the 3rd quarter. Huntington National Bank now owns 4,713 shares of the basic materials company’s stock worth $51,000 after acquiring an additional 1,256 shares in the last quarter. Institutional investors own 21.85% of the company’s stock.

Insider Transactions at Vale

In other Vale news, insider Parenti Grazielle Tallia bought 10,464 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was purchased at an average price of $16.11 per share, for a total transaction of $168,575.04. Following the completion of the transaction, the insider directly owned 10,464 shares of the company’s stock, valued at $168,575.04. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Sobrinho Sami Arap bought 12,990 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were acquired at an average price of $16.11 per share, with a total value of $209,268.90. Following the transaction, the vice president directly owned 12,990 shares of the company’s stock, valued at approximately $209,268.90. This trade represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information.

Wall Street Analyst Weigh In

VALE has been the subject of several research reports. JPMorgan Chase & Co. increased their price target on shares of Vale from $18.50 to $19.50 and gave the company an “overweight” rating in a research report on Friday, May 22nd. Wall Street Zen lowered shares of Vale from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. UBS Group increased their price target on shares of Vale from $12.00 to $16.00 and gave the company a “neutral” rating in a research report on Friday, March 27th. Wells Fargo & Company reduced their price target on shares of Vale from $17.00 to $16.00 and set an “equal weight” rating for the company in a research report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $18.00 price target on shares of Vale in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Vale currently has a consensus rating of “Moderate Buy” and an average price target of $16.65.

Vale Price Performance

Shares of NYSE:VALE 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. The firm has a market capitalization of $68.07 billion, a PE ratio of 22.38 and a beta of 0.46. Vale S.A. has a twelve month low of $8.97 and a twelve month high of $17.94. The company has a 50-day moving average price of $16.53 and a two-hundred day moving average price of $15.31.

Vale (NYSE:VALE) last issued its earnings results on Tuesday, April 28th. The basic materials company reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.08). The business had revenue of $9.26 billion for the quarter, compared to the consensus estimate of $9.53 billion. Vale had a return on equity of 21.10% and a net margin of 7.21%. Equities analysts forecast that Vale S.A. will post 2.15 EPS for the current year.

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.