Credit Suisse AG Has $600,000 Holdings in Aluminum Corp. of China Limited ADR Class H (ACH)

Credit Suisse AG cut its stake in Aluminum Corp. of China Limited ADR Class H (NYSE:ACH) by 15.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,193 shares of the basic materials company’s stock after selling 10,179 shares during the quarter. Credit Suisse AG’s holdings in Aluminum Corp. of China Limited ADR Class H were worth $600,000 at the end of the most recent reporting period.

Separately, BlackRock Inc. boosted its holdings in shares of Aluminum Corp. of China Limited ADR Class H by 25.0% during the 2nd quarter. BlackRock Inc. now owns 146,763 shares of the basic materials company’s stock valued at $1,601,000 after acquiring an additional 29,320 shares during the last quarter. 0.45% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE ACH opened at $8.23 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.58 and a debt-to-equity ratio of 0.77. The stock has a market cap of $5.07 billion, a PE ratio of 35.42 and a beta of 0.62. Aluminum Corp. of China Limited ADR Class H has a 52-week low of $7.44 and a 52-week high of $18.82.

Aluminum Corp. of China Limited ADR Class H (NYSE:ACH) last announced its quarterly earnings results on Thursday, October 25th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter. The firm had revenue of $6.42 billion for the quarter. Aluminum Corp. of China Limited ADR Class H had a net margin of 0.91% and a return on equity of 1.82%.

A number of analysts have recently issued reports on the stock. Morgan Stanley downgraded shares of Aluminum Corp. of China Limited ADR Class H from an “overweight” rating to an “underweight” rating in a report on Friday, December 14th. Goldman Sachs Group downgraded shares of Aluminum Corp. of China Limited ADR Class H from a “buy” rating to a “neutral” rating in a report on Wednesday, December 12th. Finally, ValuEngine raised shares of Aluminum Corp. of China Limited ADR Class H from a “sell” rating to a “hold” rating in a report on Thursday, October 18th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.

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About Aluminum Corp. of China Limited ADR Class H

Aluminum Corporation of China Limited, together with its subsidiaries, manufactures and sells alumina, primary aluminum, and energy products in the People's Republic of China. The company operates through Alumina, Primary Aluminum, Trading, and Energy segments. The Alumina segment mines for and purchases bauxite and other raw materials; and produces and sells alumina, as well as alumina-related products, such as alumina hydrate, alumina-based chemical products, and gallium.

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Institutional Ownership by Quarter for Aluminum Corp. of China Limited ADR Class H (NYSE:ACH)

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