Aquatic Capital Management LLC increased its holdings in Suzano S.A. (NYSE:SUZ - Free Report) by 165.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,662 shares of the company's stock after purchasing an additional 40,262 shares during the period. Aquatic Capital Management LLC's holdings in Suzano were worth $654,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of SUZ. GAMMA Investing LLC increased its holdings in shares of Suzano by 58.2% in the 4th quarter. GAMMA Investing LLC now owns 2,791 shares of the company's stock worth $28,000 after buying an additional 1,027 shares during the last quarter. Lindbrook Capital LLC increased its stake in Suzano by 69.2% during the fourth quarter. Lindbrook Capital LLC now owns 3,004 shares of the company's stock worth $30,000 after acquiring an additional 1,229 shares during the last quarter. Blue Trust Inc. raised its position in Suzano by 222.7% during the fourth quarter. Blue Trust Inc. now owns 6,592 shares of the company's stock valued at $67,000 after purchasing an additional 4,549 shares during the period. Signaturefd LLC lifted its position in Suzano by 28.9% in the fourth quarter. Signaturefd LLC now owns 7,969 shares of the company's stock worth $81,000 after buying an additional 1,787 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in shares of Suzano by 20.3% in the 4th quarter. US Bancorp DE now owns 9,177 shares of the company's stock worth $93,000 after acquiring an additional 1,547 shares during the last quarter. Hedge funds and other institutional investors own 2.55% of the company's stock.
Analyst Ratings Changes
Separately, UBS Group upgraded Suzano to a "strong-buy" rating in a report on Thursday, April 10th.
Read Our Latest Report on SUZ
Suzano Stock Down 1.3 %
Shares of SUZ stock traded down $0.12 on Monday, hitting $8.86. The stock had a trading volume of 2,614,836 shares, compared to its average volume of 2,012,310. Suzano S.A. has a one year low of $8.41 and a one year high of $11.93. The business has a 50 day moving average price of $9.21 and a 200 day moving average price of $9.93. The company has a market cap of $11.73 billion, a PE ratio of 14.06 and a beta of 0.94. The company has a quick ratio of 1.40, a current ratio of 1.72 and a debt-to-equity ratio of 2.81.
About Suzano
(
Free Report)
Suzano SA produces and sells eucalyptus pulp and paper products in Brazil and internationally. It operates through Pulp and Paper segments. The company offers coated and uncoated printing and writing papers, paperboards, tissue papers, and market and fluff pulps; and lignin. It also engages in the research, development, and production of biofuel; operation of port terminals; power generation and distribution business; commercialization of equipment and parts; industrialization, commercialization, and exporting of pulp and standing wood; road freight transport; biotechnology research and development; and commercialization of paper and computer materials.
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