Aberdeen Asset Management Now Owns $1.27B in Vale S.A. (VALE)

Vale S.A. (NYSE:VALE) marched up 75.94% compared to a 52-week low price of $7.49. The shares were last seen trading -3.59% lower, taking the closing price at $13.17 on 06/15/2018. At recent session, the prices were hovering between $13.06 and $13.51. This company shares are 14.43% off its target price of $15.07 and the current market capitalization stands at $74.57B. The recent change has given its price a -5.19% deficit over SMA 50 and -13.58% deficit over its 52-week high. The stock witnessed -12.95% declines, 2.89% gains and 22.58% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found VALE’s volatility during a week at 2.81% and during a month it has been found around 3.08%.

Vale S.A. (VALE) Top Holders

Institutional investors currently hold around $14.82 billion or 20.3% in VALE stock. Look at its top three institutional owners. Capital Research Global Investors owns $2.56 billion in Vale S.A., which represents roughly 3.44% of the company’s market cap and approximately 17.28% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 96,708,211 shares of the stock are valued at $1.27 billion. The third largest holder is Aberdeen Asset Management Plc/Uk, which currently holds $1.27 billion worth of this stock and that ownership represents nearly 1.7% of its market capitalization.

Vale S.A. 13F Filings

At the end of March reporting period, 189 institutional holders increased their position in Vale S.A. (NYSE:VALE) by some 157,069,502 shares, 165 decreased positions by 133,070,467 and 45 held positions by 835,332,080. That puts total institutional holdings at 1,125,472,049 shares, according to SEC filings. The stock grabbed 53 new institutional investments totaling 5,298,627 shares while 49 institutional investors sold out their entire positions totaling 25,478,309 shares.

Vale S.A. (VALE) Analyst Guide

Several analysts have released their opinion on Vale S.A. (NYSE:VALE), with 2 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.5 average brokerage recommendation.