Compound Planning Inc. Has $717,000 Stock Holdings in Vale S.A. $VALE

Key Points

• Compound Planning Inc. increased its stake in Vale S.A. by 209.7%, owning a total of 71,837 shares worth approximately $717,000 after acquiring 48,643 additional shares in the first quarter.
• Several institutional investors have recently adjusted their positions in Vale, with significant increases including NewEdge Advisors LLC raising its stake by 2,160.3% during the fourth quarter.
• Vale's stock price target has been adjusted by various analysts, with Barclays increasing it to $13.00, while Scotiabank lowered it to $12.50, reflecting mixed sentiment among investors.

Compound Planning Inc. raised its holdings in shares of Vale S.A. (NYSE:VALE - Free Report) by 209.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,837 shares of the basic materials company's stock after acquiring an additional 48,643 shares during the quarter. Compound Planning Inc.'s holdings in Vale were worth $717,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Mariner LLC lifted its position in Vale by 21.4% during the fourth quarter. Mariner LLC now owns 103,475 shares of the basic materials company's stock valued at $918,000 after buying an additional 18,216 shares in the last quarter. NewEdge Advisors LLC grew its position in Vale by 2,160.3% in the 4th quarter. NewEdge Advisors LLC now owns 75,696 shares of the basic materials company's stock valued at $671,000 after buying an additional 72,347 shares in the last quarter. First Trust Advisors LP bought a new position in Vale in the 4th quarter valued at about $746,000. Dimensional Fund Advisors LP lifted its holdings in Vale by 4.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,865,596 shares of the basic materials company's stock valued at $69,767,000 after acquiring an additional 313,431 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in shares of Vale by 18.6% in the fourth quarter. MML Investors Services LLC now owns 419,437 shares of the basic materials company's stock worth $3,720,000 after purchasing an additional 65,659 shares in the last quarter. 21.85% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Wall Street Zen assumed coverage on shares of Vale in a research report on Wednesday, May 7th. They issued a "hold" rating for the company. Scotiabank dropped their price objective on Vale from $13.00 to $12.50 and set a "sector perform" rating on the stock in a report on Tuesday, July 22nd. CICC Research initiated coverage on Vale in a report on Monday, May 12th. They issued an "outperform" rating and a $11.30 price objective on the stock. UBS Group restated a "neutral" rating and issued a $10.00 price objective (up previously from $9.00) on shares of Vale in a report on Monday, August 4th. Finally, Barclays increased their price objective on Vale from $12.75 to $13.00 and gave the stock an "overweight" rating in a report on Wednesday, July 2nd. Five equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $11.84.

Vale Stock Performance

VALE stock traded up $0.02 during midday trading on Friday, hitting $10.27. 15,104,382 shares of the company traded hands, compared to its average volume of 29,390,490. Vale S.A. has a twelve month low of $8.06 and a twelve month high of $12.05. The company has a quick ratio of 0.85, a current ratio of 1.22 and a debt-to-equity ratio of 0.48. The business has a 50 day simple moving average of $9.92 and a 200-day simple moving average of $9.67. The stock has a market capitalization of $46.59 billion, a price-to-earnings ratio of 8.35 and a beta of 0.74.

Vale (NYSE:VALE - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The basic materials company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.34 by $0.16. The company had revenue of $8.80 billion for the quarter, compared to the consensus estimate of $9.54 billion. Vale had a return on equity of 18.14% and a net margin of 14.23%. As a group, equities research analysts predict that Vale S.A. will post 1.85 earnings per share for the current year.

Vale Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Wednesday, September 10th. Shareholders of record on Wednesday, August 13th will be issued a dividend of $0.3417 per share. The ex-dividend date of this dividend is Wednesday, August 13th. This represents a dividend yield of 740.0%. Vale's dividend payout ratio (DPR) is presently 58.54%.

About Vale

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.