Cwm LLC Has $185,000 Holdings in Vale S.A. (NYSE:VALE)

Cwm LLC increased its stake in Vale S.A. (NYSE:VALE) by 38.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,866 shares of the basic materials company’s stock after acquiring an additional 4,440 shares during the quarter. Cwm LLC’s holdings in Vale were worth $185,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Pacifica Partners Inc. acquired a new position in shares of Vale during the 2nd quarter valued at $27,000. Lowe Wealth Advisors LLC bought a new position in shares of Vale in the 2nd quarter worth $45,000. Ameliora Wealth Management Ltd. acquired a new position in Vale during the first quarter worth $49,000. Sound Income Strategies LLC lifted its stake in shares of Vale by 133.7% in the first quarter. Sound Income Strategies LLC now owns 6,629 shares of the basic materials company’s stock valued at $81,000 after buying an additional 3,792 shares in the last quarter. Finally, Deuterium Capital Management LLC acquired a new position in shares of Vale during the first quarter valued at about $122,000. 21.85% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on VALE shares. Wolfe Research cut Vale from a “peer perform” rating to an “underperform” rating in a research report on Wednesday, October 9th. UBS Group cut their price target on shares of Vale from $15.00 to $14.50 and set a “buy” rating on the stock in a report on Friday, July 5th. Morgan Stanley decreased their price target on Vale from $16.00 to $15.50 and set an “overweight” rating for the company in a research report on Thursday, September 19th. Scotiabank decreased their price target on shares of Vale from $17.00 to $16.00 and set a “sector perform” rating for the company in a research note on Tuesday, October 15th. Finally, StockNews.com started coverage on shares of Vale in a report on Friday, October 18th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Vale currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.15.

Vale Stock Performance

Vale stock opened at $10.41 on Thursday. Vale S.A. has a 1-year low of $9.66 and a 1-year high of $16.08. The company has a current ratio of 1.08, a quick ratio of 0.73 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $46.67 billion, a PE ratio of 5.75, a price-to-earnings-growth ratio of 0.30 and a beta of 0.93. The firm’s 50 day simple moving average is $10.74 and its 200 day simple moving average is $11.31.

Vale (NYSE:VALE) last released its quarterly earnings results on Thursday, July 25th. The basic materials company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.05. Vale had a net margin of 23.07% and a return on equity of 22.23%. The firm had revenue of $9.92 billion during the quarter, compared to analyst estimates of $9.97 billion. As a group, analysts expect that Vale S.A. will post 2.06 earnings per share for the current fiscal year.

Vale Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Wednesday, September 11th. Investors of record on Monday, August 5th were given a dividend of $0.3698 per share. This represents a yield of 12.1%. This is a boost from Vale’s previous semi-annual dividend of $0.32. The ex-dividend date was Monday, August 5th. Vale’s payout ratio is presently 64.09%.

Vale 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.