Aquatic Capital Management LLC raised its holdings in Suzano S.A. (NYSE:SUZ - Free Report) by 165.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,662 shares of the company's stock after purchasing an additional 40,262 shares during the quarter. Aquatic Capital Management LLC's holdings in Suzano were worth $654,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of SUZ. GAMMA Investing LLC boosted its holdings in Suzano by 58.2% in the fourth quarter. GAMMA Investing LLC now owns 2,791 shares of the company's stock valued at $28,000 after purchasing an additional 1,027 shares during the period. Lindbrook Capital LLC lifted its stake in Suzano by 69.2% in the fourth quarter. Lindbrook Capital LLC now owns 3,004 shares of the company's stock valued at $30,000 after buying an additional 1,229 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Suzano by 222.7% in the fourth quarter. Blue Trust Inc. now owns 6,592 shares of the company's stock valued at $67,000 after acquiring an additional 4,549 shares during the period. Signaturefd LLC grew its position in shares of Suzano by 28.9% during the fourth quarter. Signaturefd LLC now owns 7,969 shares of the company's stock worth $81,000 after acquiring an additional 1,787 shares during the last quarter. Finally, US Bancorp DE raised its position in Suzano by 20.3% in the 4th quarter. US Bancorp DE now owns 9,177 shares of the company's stock valued at $93,000 after purchasing an additional 1,547 shares during the last quarter. Hedge funds and other institutional investors own 2.55% of the company's stock.
Wall Street Analyst Weigh In
Separately, UBS Group raised Suzano to a "strong-buy" rating in a report on Thursday, April 10th.
View Our Latest Analysis on SUZ
Suzano Stock Performance
Shares of Suzano stock traded up $0.13 during trading hours on Wednesday, hitting $8.96. 302,638 shares of the company were exchanged, compared to its average volume of 2,007,231. The company has a current ratio of 1.72, a quick ratio of 1.40 and a debt-to-equity ratio of 2.81. The business has a 50-day moving average of $9.17 and a 200-day moving average of $9.91. Suzano S.A. has a 1 year low of $8.41 and a 1 year high of $11.93. The stock has a market capitalization of $11.86 billion, a price-to-earnings ratio of 14.18 and a beta of 0.94.
Suzano Profile
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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.
Further Reading
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