Cwm LLC Purchases 13,053 Shares of Vale S.A. (NYSE:VALE)

Cwm LLC raised its position in Vale S.A. (NYSE:VALE) by 352.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,752 shares of the basic materials company’s stock after purchasing an additional 13,053 shares during the period. Cwm LLC’s holdings in Vale were worth $204,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Greenleaf Trust increased its stake in Vale by 2.8% in the fourth quarter. Greenleaf Trust now owns 30,283 shares of the basic materials company’s stock valued at $480,000 after purchasing an additional 827 shares in the last quarter. Rehmann Capital Advisory Group increased its stake in Vale by 7.0% in the third quarter. Rehmann Capital Advisory Group now owns 14,010 shares of the basic materials company’s stock valued at $188,000 after purchasing an additional 915 shares in the last quarter. Blue Trust Inc. increased its stake in Vale by 10.2% in the fourth quarter. Blue Trust Inc. now owns 10,097 shares of the basic materials company’s stock valued at $160,000 after purchasing an additional 932 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in Vale by 6.5% in the fourth quarter. Sequoia Financial Advisors LLC now owns 18,673 shares of the basic materials company’s stock valued at $296,000 after purchasing an additional 1,146 shares in the last quarter. Finally, Capital Analysts LLC increased its stake in Vale by 28.9% in the fourth quarter. Capital Analysts LLC now owns 5,581 shares of the basic materials company’s stock valued at $89,000 after purchasing an additional 1,252 shares in the last quarter. Institutional investors own 21.85% of the company’s stock.

Vale Stock Down 0.4 %

Vale stock opened at $11.25 on Friday. The company has a market cap of $50.43 billion, a P/E ratio of 6.22, a price-to-earnings-growth ratio of 4.99 and a beta of 0.98. The company has a current ratio of 1.12, a quick ratio of 0.79 and a debt-to-equity ratio of 0.41. The company has a fifty day simple moving average of $12.08 and a 200 day simple moving average of $13.15. Vale S.A. has a 1-year low of $11.02 and a 1-year high of $16.08.

Vale (NYSE:VALE) last announced its quarterly earnings results on Wednesday, April 24th. The basic materials company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The firm had revenue of $8.46 billion during the quarter, compared to analyst estimates of $8.35 billion. Vale had a net margin of 18.72% and a return on equity of 19.59%. Research analysts anticipate that Vale S.A. will post 2.18 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Morgan Stanley lowered their price objective on shares of Vale from $18.00 to $15.50 and set an “overweight” rating for the company in a research report on Friday. Barclays increased their price objective on shares of Vale from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 16th. BNP Paribas raised shares of Vale from an “underperform” rating to a “neutral” rating in a research report on Friday. StockNews.com assumed coverage on shares of Vale in a research report on Saturday, March 30th. They set a “buy” rating for the company. Finally, Bank of America reissued a “neutral” rating and set a $13.00 price objective (down previously from $20.00) on shares of Vale in a research report on Tuesday, April 9th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Vale presently has a consensus rating of “Moderate Buy” and an average target price of $16.55.

Vale Company Profile

Vale SA, together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services.