Banco Bilbao Vizcaya Argentaria S.A. Has $5.51 Million Stock Holdings in Vale S.A. $VALE

Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in Vale S.A. (NYSE:VALE) by 8.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 511,654 shares of the basic materials company’s stock after acquiring an additional 39,818 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Vale were worth $5,510,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VALE. Parallel Advisors LLC boosted its holdings in shares of Vale by 5.4% in the 3rd quarter. Parallel Advisors LLC now owns 17,350 shares of the basic materials company’s stock valued at $188,000 after buying an additional 885 shares during the last quarter. HighPoint Advisor Group LLC lifted its stake in Vale by 3.5% in the third quarter. HighPoint Advisor Group LLC now owns 29,114 shares of the basic materials company’s stock valued at $316,000 after acquiring an additional 982 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in shares of Vale by 60.0% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,748 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 1,030 shares during the last quarter. Fullcircle Wealth LLC raised its holdings in shares of Vale by 8.7% in the 3rd quarter. Fullcircle Wealth LLC now owns 13,800 shares of the basic materials company’s stock valued at $165,000 after purchasing an additional 1,100 shares during the period. Finally, Busey Bank lifted its stake in Vale by 8.5% in the 3rd quarter. Busey Bank now owns 15,901 shares of the basic materials company’s stock valued at $173,000 after purchasing an additional 1,244 shares during the last quarter. 21.85% of the stock is owned by institutional investors and hedge funds.

Vale Trading Up 2.6%

VALE opened at $15.06 on Tuesday. The company has a quick ratio of 0.78, a current ratio of 1.15 and a debt-to-equity ratio of 0.53. Vale S.A. has a twelve month low of $8.06 and a twelve month high of $17.72. The company has a 50-day simple moving average of $15.85 and a 200 day simple moving average of $13.24.

Vale (NYSE:VALE) last issued its earnings results on Thursday, February 12th. The basic materials company reported ($0.90) EPS for the quarter, missing the consensus estimate of $0.52 by ($1.42). Vale had a net margin of 6.12% and a return on equity of 20.16%. On average, research analysts predict that Vale S.A. will post 1.85 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

VALE has been the topic of a number of recent analyst reports. UBS Group boosted their price target on Vale from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, December 8th. Royal Bank Of Canada downgraded shares of Vale from an “outperform” rating to a “sector perform” rating and upped their price objective for the company from $14.50 to $15.50 in a report on Thursday, March 12th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Vale in a report on Monday, December 29th. Barclays increased their price target on shares of Vale from $15.50 to $16.50 and gave the company an “overweight” rating in a report on Monday, March 2nd. Finally, Scotiabank restated a “sector perform” rating and set a $16.50 price objective on shares of Vale in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $14.56.

Vale 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.