Dimensional Fund Advisors LP Sells 12,418 Shares of Aluminum Corp. of China Limited (ACH)

Dimensional Fund Advisors LP cut its position in Aluminum Corp. of China Limited (NYSE:ACH) by 2.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 412,533 shares of the basic materials company’s stock after selling 12,418 shares during the quarter. Dimensional Fund Advisors LP owned about 0.06% of Aluminum Corp. of China worth $5,313,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Citigroup Inc. raised its stake in shares of Aluminum Corp. of China by 6.3% in the second quarter. Citigroup Inc. now owns 121,106 shares of the basic materials company’s stock valued at $1,560,000 after buying an additional 7,173 shares during the period. Parametric Portfolio Associates LLC raised its stake in shares of Aluminum Corp. of China by 6.4% in the second quarter. Parametric Portfolio Associates LLC now owns 113,885 shares of the basic materials company’s stock valued at $1,467,000 after buying an additional 6,806 shares during the period. Finally, Profund Advisors LLC raised its stake in shares of Aluminum Corp. of China by 43.0% in the second quarter. Profund Advisors LLC now owns 19,928 shares of the basic materials company’s stock valued at $257,000 after buying an additional 5,988 shares during the period. Hedge funds and other institutional investors own 0.37% of the company’s stock.

ACH has been the topic of several research reports. BidaskClub upgraded Aluminum Corp. of China from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 10th. cut Aluminum Corp. of China from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. J P Morgan Chase & Co initiated coverage on Aluminum Corp. of China in a research report on Monday, September 25th. They issued a “neutral” rating for the company. Finally, CLSA upgraded Aluminum Corp. of China from an “underperform” rating to a “buy” rating in a research report on Monday, August 28th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Aluminum Corp. of China has an average rating of “Buy”.

Shares of Aluminum Corp. of China Limited (ACH) traded down $0.33 during midday trading on Thursday, hitting $15.16. The stock had a trading volume of 71,503 shares, compared to its average volume of 69,237. Aluminum Corp. of China Limited has a one year low of $9.93 and a one year high of $23.54. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.80 and a quick ratio of 0.55.

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Aluminum Corp. of China Profile

Institutional Ownership by Quarter for Aluminum Corp. of China (NYSE:ACH)

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