Two Sigma Advisers LP Invests $210,000 in Aluminum Co. of China Limited (ACH)

Two Sigma Advisers LP acquired a new position in shares of Aluminum Co. of China Limited (NYSE:ACH) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 11,700 shares of the basic materials company’s stock, valued at approximately $210,000.

Several other large investors also recently bought and sold shares of ACH. Wells Fargo & Company MN boosted its position in shares of Aluminum Co. of China by 4,113.8% during the 4th quarter. Wells Fargo & Company MN now owns 7,922 shares of the basic materials company’s stock worth $142,000 after purchasing an additional 7,734 shares during the period. State Street Corp boosted its position in shares of Aluminum Co. of China by 2.2% during the 2nd quarter. State Street Corp now owns 27,647 shares of the basic materials company’s stock worth $356,000 after purchasing an additional 607 shares during the period. Profund Advisors LLC boosted its position in shares of Aluminum Co. of China by 62.1% during the 4th quarter. Profund Advisors LLC now owns 38,203 shares of the basic materials company’s stock worth $685,000 after purchasing an additional 14,641 shares during the period. Deutsche Bank AG boosted its position in shares of Aluminum Co. of China by 147.2% during the 4th quarter. Deutsche Bank AG now owns 41,198 shares of the basic materials company’s stock worth $738,000 after purchasing an additional 24,530 shares during the period. Finally, Bank of Montreal Can boosted its position in shares of Aluminum Co. of China by 34.8% during the 4th quarter. Bank of Montreal Can now owns 77,160 shares of the basic materials company’s stock worth $1,383,000 after purchasing an additional 19,910 shares during the period. 0.39% of the stock is owned by hedge funds and other institutional investors.

Shares of ACH stock opened at $13.96 on Thursday. The company has a current ratio of 0.76, a quick ratio of 0.53 and a debt-to-equity ratio of 0.61. Aluminum Co. of China Limited has a 52 week low of $11.01 and a 52 week high of $23.54.

A number of equities analysts recently weighed in on the stock. Morgan Stanley cut shares of Aluminum Co. of China from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, January 9th. Credit Suisse Group raised shares of Aluminum Co. of China from an “underperform” rating to an “outperform” rating in a research report on Tuesday, April 10th. Goldman Sachs raised shares of Aluminum Co. of China from a “sell” rating to a “neutral” rating in a research report on Monday, March 26th. Finally, CLSA cut shares of Aluminum Co. of China from an “outperform” rating to a “sell” rating in a research report on Wednesday, April 11th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold”.

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Aluminum Co. of China Profile

Aluminum Corporation of China Limited, together with its subsidiaries, engages in the manufacture and distribution of alumina, primary aluminum and energy products in the People's Republic of China. It operates through Alumina, Primary Aluminum, Trading, and Energy segments. The Alumina segment is involved in mining and purchasing of bauxite and other raw materials; and production and sale of 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 Co. of China (NYSE:ACH)

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