Vale S.A. (NYSE:VALE) is Dynamo Internacional Gestao DE Recursos LTDA.'s 3rd Largest Position

Dynamo Internacional Gestao DE Recursos LTDA. grew its position in Vale S.A. (NYSE:VALE - Free Report) by 47.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,084,812 shares of the basic materials company's stock after purchasing an additional 1,314,675 shares during the quarter. Vale makes up 11.8% of Dynamo Internacional Gestao DE Recursos LTDA.'s investment portfolio, making the stock its 3rd largest position. Dynamo Internacional Gestao DE Recursos LTDA. owned approximately 0.09% of Vale worth $36,232,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Brooklyn Investment Group raised its holdings in Vale by 215.9% during the fourth quarter. Brooklyn Investment Group now owns 2,780 shares of the basic materials company's stock worth $25,000 after purchasing an additional 1,900 shares in the last quarter. IFP Advisors Inc grew its position in shares of Vale by 206.4% in the 4th quarter. IFP Advisors Inc now owns 2,877 shares of the basic materials company's stock valued at $26,000 after buying an additional 1,938 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in Vale by 3,092.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 3,192 shares of the basic materials company's stock worth $29,000 after acquiring an additional 3,092 shares in the last quarter. Stonebridge Financial Group LLC purchased a new stake in Vale in the fourth quarter valued at $30,000. Finally, Atlas Capital Advisors Inc. boosted its stake in Vale by 68.3% in the fourth quarter. Atlas Capital Advisors Inc. now owns 4,000 shares of the basic materials company's stock valued at $35,000 after acquiring an additional 1,623 shares in the last quarter. 21.85% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VALE has been the topic of a number of research analyst reports. UBS Group cut their target price on Vale from $10.50 to $9.00 and set a "neutral" rating on the stock in a research report on Monday. Bank of America upgraded Vale from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $11.00 to $11.50 in a research note on Thursday, April 10th. Scotiabank lowered their target price on shares of Vale from $14.00 to $13.00 and set a "sector perform" rating on the stock in a research report on Monday, January 6th. Wolfe Research raised shares of Vale from an "underperform" rating to a "peer perform" rating in a report on Wednesday, January 8th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $11.00 price objective (down from $12.00) on shares of Vale in a research report on Thursday, April 17th. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $12.13.

Vale Stock Performance

Shares of Vale stock traded up $0.13 on Friday, reaching $9.37. 21,563,644 shares of the stock were exchanged, compared to its average volume of 30,599,474. The firm has a market capitalization of $42.53 billion, a PE ratio of 6.51, a PEG ratio of 0.31 and a beta of 0.73. Vale S.A. has a 1-year low of $8.06 and a 1-year high of $13.14. The business has a fifty day moving average price of $9.51 and a two-hundred day moving average price of $9.58. The company has a current ratio of 0.91, a quick ratio of 0.58 and a debt-to-equity ratio of 0.39.

Vale (NYSE:VALE - Get Free Report) last released its earnings results on Thursday, April 24th. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.02). The business had revenue of $8.12 billion for the quarter, compared to analyst estimates of $8.39 billion. Vale had a return on equity of 17.38% and a net margin of 16.15%. As a group, research analysts anticipate that Vale S.A. will post 1.85 earnings per share for the current fiscal year.

Vale Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were given a $0.3758 dividend. This is a boost from Vale's previous semi-annual dividend of $0.30. The ex-dividend date was Monday, March 10th. This represents a yield of 7.5%. Vale's dividend payout ratio is presently 54.35%.

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.