Aperio Group LLC boosted its holdings in shares of Vedanta Limited (NYSE:VEDL) by 28.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 404,265 shares of the basic materials company’s stock after buying an additional 90,452 shares during the quarter. Aperio Group LLC’s holdings in Vedanta Limited were worth $7,827,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of VEDL. First Trust Advisors LP grew its stake in Vedanta Limited by 82.3% in the 2nd quarter. First Trust Advisors LP now owns 530,586 shares of the basic materials company’s stock valued at $8,235,000 after acquiring an additional 239,551 shares during the period. Freestone Capital Holdings LLC acquired a new stake in Vedanta Limited during the 2nd quarter worth $1,661,000. Winslow Evans & Crocker Inc. acquired a new stake in Vedanta Limited during the 3rd quarter worth $110,000. Creative Planning boosted its stake in Vedanta Limited by 30.0% during the 2nd quarter. Creative Planning now owns 26,000 shares of the basic materials company’s stock worth $404,000 after purchasing an additional 6,000 shares during the last quarter. Finally, Todd Asset Management LLC acquired a new stake in Vedanta Limited during the 2nd quarter worth $3,061,000. 3.92% of the stock is owned by institutional investors.
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Separately, BidaskClub lowered Vedanta Limited from a “buy” rating to a “hold” rating in a report on Monday, July 24th.
Vedanta Limited (NYSE VEDL) opened at $20.92 on Friday. The company has a market capitalization of $15,505.36, a price-to-earnings ratio of 17.43 and a beta of 1.89. Vedanta Limited has a fifty-two week low of $11.55 and a fifty-two week high of $21.63. The company has a current ratio of 0.96, a quick ratio of 0.84 and a debt-to-equity ratio of 0.47.
Vedanta Limited Company Profile
Vedanta Limited is a natural resource company engaged in the business of manufacturing copper and copper products, and aluminum and aluminum products. The Company’s segments include Copper, which consists of manufacturing of copper cathode, continuous cast copper rod and anode slime, including from purchased concentrate and manufacturing of precious metal from anode slime, sulfuric acid, phosphoric acid; Iron ore; Aluminium, which consists of manufacturing of alumina and various aluminum products; Power, which consists of power, including power facilities engaged in generation and sale of commercial power, and Other, which consists pig iron and metallurgical coke.
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