Vale S.A. $VALE Shares Purchased by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in Vale by 77.8% in Q4, buying 9,103,727 shares to hold 20,809,302 shares valued at about $271.1 million.
• Insiders VP Sobrinho Sami Arap and Parenti Grazielle Tallia bought 12,990 and 10,464 shares respectively on April 1 at about $16.11 per share, raising their ownership.
• Vale reported quarterly EPS of ($0.90) versus a $0.52 consensus (revenue $11.06B); the stock trades around $16–17 with a market cap near $77.1B and a consensus analyst rating of "Moderate Buy" (average target $15.91).

Robeco Institutional Asset Management B.V. raised its holdings in shares of Vale S.A. (NYSE:VALE - Free Report) by 77.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,809,302 shares of the basic materials company's stock after buying an additional 9,103,727 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Vale were worth $271,145,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. acquired a new position in Vale during the third quarter valued at approximately $20,754,000. Advisory Resource Group acquired a new position in shares of Vale during the third quarter worth $1,434,000. Ninety One North America Inc. lifted its position in shares of Vale by 35.6% during the third quarter. Ninety One North America Inc. now owns 3,377,582 shares of the basic materials company's stock worth $36,681,000 after purchasing an additional 886,214 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of Vale by 5.3% during the second quarter. Lazard Asset Management LLC now owns 20,080,222 shares of the basic materials company's stock worth $194,978,000 after purchasing an additional 1,002,588 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC lifted its position in shares of Vale by 493.9% during the third quarter. Campbell & CO Investment Adviser LLC now owns 308,126 shares of the basic materials company's stock worth $3,346,000 after purchasing an additional 256,244 shares in the last quarter. 21.85% of the stock is owned by institutional investors and hedge funds.

Insider Activity

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

Vale Stock Up 2.0%

VALE stock opened at $16.99 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.15 and a quick ratio of 0.78. Vale S.A. has a 1-year low of $8.93 and a 1-year high of $17.72. The firm has a fifty day moving average price of $16.01 and a two-hundred day moving average price of $13.88. The firm has a market cap of $77.10 billion, a price-to-earnings ratio of 30.33 and a beta of 0.53.

Vale (NYSE:VALE - Get Free Report) last released its earnings results on Friday, February 13th. The basic materials company reported ($0.90) earnings per share for the quarter, missing the consensus estimate of $0.52 by ($1.42). The business had revenue of $11.06 billion for the quarter, compared to the consensus estimate of $10.86 billion. Vale had a net margin of 6.12% and a return on equity of 20.16%. Research analysts predict that Vale S.A. will post 1.85 EPS for the current year.

Wall Street Analyst Weigh In

VALE has been the topic of a number of recent research reports. Scotiabank reissued a "sector perform" rating and set a $16.50 target price on shares of Vale in a research report on Monday, February 9th. The Goldman Sachs Group upped their price target on shares of Vale from $13.80 to $18.00 and gave the company a "buy" rating in a report on Friday, January 30th. Wells Fargo & Company reaffirmed a "cautious" rating and issued a $15.50 price target on shares of Vale in a report on Monday, February 16th. UBS Group upped their price target on shares of Vale from $12.00 to $16.00 and gave the company a "neutral" rating in a report on Friday, March 27th. Finally, Zacks Research cut shares of Vale from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $15.91.

Vale Company 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.

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