World Asset Management Inc purchased a new position in shares of Aluminum Corporation of China Limited (NYSE:ACH) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 9,289 shares of the basic materials company’s stock, valued at approximately $206,000. World Asset Management Inc owned about 1,558.16% of Aluminum Corporation of China Limited at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Citigroup Inc. boosted its stake in shares of Aluminum Corporation of China Limited by 6.3% during the 2nd quarter. Citigroup Inc. now owns 121,106 shares of the basic materials company’s stock worth $1,560,000 after acquiring an additional 7,173 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of Aluminum Corporation of China Limited by 6.4% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 113,885 shares of the basic materials company’s stock worth $1,467,000 after acquiring an additional 6,806 shares during the last quarter. Aperio Group LLC boosted its stake in shares of Aluminum Corporation of China Limited by 13.4% during the 3rd quarter. Aperio Group LLC now owns 28,309 shares of the basic materials company’s stock worth $628,000 after acquiring an additional 3,355 shares during the last quarter. State Street Corp boosted its stake in shares of Aluminum Corporation of China Limited 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 acquiring an additional 607 shares during the last quarter. Finally, Profund Advisors LLC boosted its stake in shares of Aluminum Corporation of China Limited by 43.0% during the 2nd quarter. Profund Advisors LLC now owns 19,928 shares of the basic materials company’s stock worth $257,000 after acquiring an additional 5,988 shares during the last quarter. Institutional investors and hedge funds own 0.30% of the company’s stock.

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Several research analysts have recently weighed in on the stock. BidaskClub upgraded shares of Aluminum Corporation of China Limited from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 10th. HSBC Holdings plc cut shares of Aluminum Corporation of China Limited from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. J P Morgan Chase & Co assumed coverage on shares of Aluminum Corporation of China Limited in a research note on Monday, September 25th. They set a “neutral” rating on the stock. Finally, CLSA upgraded shares of Aluminum Corporation of China Limited from an “underperform” rating to a “buy” rating in a research note on Monday, August 28th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy”.

Shares of Aluminum Corporation of China Limited (NYSE:ACH) opened at $18.70 on Friday. Aluminum Corporation of China Limited has a 52-week low of $9.93 and a 52-week high of $23.54. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.55 and a current ratio of 0.80.

About Aluminum Corporation of China Limited

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Institutional Ownership by Quarter for Aluminum Corporation of China Limited (NYSE:ACH)

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