Vale S.A. (NYSE:VALE) is TLS Advisors LLC's 5th Largest Position

TLS Advisors LLC raised its stake in Vale S.A. (NYSE:VALE - Free Report) by 20.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 594,000 shares of the basic materials company's stock after acquiring an additional 100,000 shares during the quarter. Vale makes up approximately 12.0% of TLS Advisors LLC's investment portfolio, making the stock its 5th largest position. TLS Advisors LLC's holdings in Vale were worth $5,269,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VALE. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Vale during the third quarter worth $1,126,000. Bank of Montreal Can grew its stake in shares of Vale by 274.4% in the 3rd quarter. Bank of Montreal Can now owns 162,453 shares of the basic materials company's stock valued at $1,915,000 after buying an additional 119,061 shares during the period. Polar Asset Management Partners Inc. acquired a new stake in shares of Vale during the 3rd quarter worth approximately $1,422,000. NFJ Investment Group LLC lifted its holdings in Vale by 17.6% in the third quarter. NFJ Investment Group LLC now owns 469,036 shares of the basic materials company's stock valued at $5,478,000 after acquiring an additional 70,278 shares during the last quarter. Finally, FMR LLC grew its position in Vale by 18.2% in the third quarter. FMR LLC now owns 36,605,338 shares of the basic materials company's stock worth $427,550,000 after acquiring an additional 5,635,167 shares during the period. Institutional investors and hedge funds own 21.85% of the company's stock.

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Vale Stock Up 1.4 %

Shares of VALE traded up $0.14 during midday trading on Tuesday, hitting $10.12. The company had a trading volume of 20,838,702 shares, compared to its average volume of 29,825,965. The company's 50-day simple moving average is $9.63 and its 200-day simple moving average is $9.89. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.58 and a current ratio of 0.91. Vale S.A. has a 1 year low of $8.38 and a 1 year high of $13.14. The firm has a market capitalization of $45.91 billion, a P/E ratio of 7.02, a P/E/G ratio of 0.31 and a beta of 0.85.

Vale (NYSE:VALE - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.56 by ($0.36). The firm had revenue of $10.12 billion during the quarter, compared to analysts' expectations of $10.03 billion. Vale had a net margin of 16.15% and a return on equity of 17.38%. As a group, sell-side analysts expect that Vale S.A. will post 1.85 EPS for the current year.

Vale Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, March 21st. Investors of record on Monday, March 10th were issued a $0.3758 dividend. This represents a yield of 7.5%. This is an increase from Vale's previous semi-annual dividend of $0.30. The ex-dividend date of this dividend was Monday, March 10th. Vale's dividend payout ratio is 52.08%.

Analyst Ratings Changes

Several equities analysts have recently commented on VALE shares. Wolfe Research raised Vale from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, January 8th. Jefferies Financial Group dropped their price target on shares of Vale from $14.00 to $11.00 and set a "buy" rating for the company in a research report on Monday, January 6th. StockNews.com started coverage on shares of Vale in a research report on Tuesday, March 25th. They set a "hold" rating for the company. Scotiabank cut their target price on Vale from $14.00 to $13.00 and set a "sector perform" rating on the stock in a research report on Monday, January 6th. Finally, Morgan Stanley lowered Vale from an "overweight" rating to an "equal weight" rating and lowered their price target for the stock from $14.50 to $11.30 in a research report on Thursday, December 12th. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Vale currently has an average rating of "Hold" and a consensus price target of $13.26.

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.