150,672 Shares in Vale S.A. (NYSE:VALE) Purchased by Caprock Group LLC

Caprock Group LLC purchased a new stake in shares of Vale S.A. (NYSE:VALE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 150,672 shares of the basic materials company's stock, valued at approximately $1,336,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Vale during the 3rd quarter valued at about $28,000. Brooklyn Investment Group lifted its stake in shares of Vale by 215.9% in the fourth quarter. Brooklyn Investment Group now owns 2,780 shares of the basic materials company's stock worth $25,000 after buying an additional 1,900 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in shares of Vale during the third quarter valued at approximately $36,000. R Squared Ltd purchased a new position in Vale in the 4th quarter worth approximately $41,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Vale in the 3rd quarter worth approximately $79,000. 21.85% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

VALE has been the topic of a number of recent analyst reports. UBS Group downgraded shares of Vale from a "buy" rating to a "neutral" rating and dropped their price target for the company from $14.00 to $11.50 in a report on Monday, November 11th. Wolfe Research raised shares of Vale from an "underperform" rating to a "peer perform" rating in a report on Wednesday, January 8th. Barclays cut their target price on shares of Vale from $16.00 to $15.25 and set an "overweight" rating for the company in a research report on Wednesday, December 4th. StockNews.com assumed coverage on shares of Vale in a research note on Friday, December 13th. They set a "buy" rating on the stock. Finally, Jefferies Financial Group reduced their price objective on Vale from $14.00 to $11.00 and set a "buy" rating for the company in a research note on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $13.89.

Vale Trading Up 2.7 %

Vale stock traded up $0.26 during trading hours on Thursday, hitting $9.63. The company had a trading volume of 37,283,114 shares, compared to its average volume of 39,695,797. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.58 and a current ratio of 0.91. The firm has a market cap of $43.69 billion, a P/E ratio of 4.46, a P/E/G ratio of 0.29 and a beta of 0.91. The company has a 50-day moving average price of $9.09 and a two-hundred day moving average price of $10.06. Vale S.A. has a 1 year low of $8.38 and a 1 year high of $13.77.

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.