EntryPoint Capital LLC Takes $277,000 Position in Suzano S.A. Sponsored ADR $SUZ

Key Points

• EntryPoint Capital LLC has acquired 29,784 shares in Suzano S.A. Sponsored ADR, valued at approximately $277,000, marking a new position for the institutional investor.
• Several other large investors, including JPMorgan Chase & Co. and Dimensional Fund Advisors LP, have significantly increased their stakes in Suzano during the fourth quarter.
• Analysts have mixed views on Suzano, with The Goldman Sachs Group upgrading it to a "buy" rating while Wall Street Zen downgraded it to "hold," contributing to an overall average rating of "Strong Buy."

EntryPoint Capital LLC acquired a new stake in shares of Suzano S.A. Sponsored ADR (NYSE:SUZ - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 29,784 shares of the company's stock, valued at approximately $277,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Management Professionals Inc. bought a new position in shares of Suzano during the first quarter valued at about $28,000. GAMMA Investing LLC grew its stake in shares of Suzano by 311.8% in the first quarter. GAMMA Investing LLC now owns 11,492 shares of the company's stock worth $107,000 after purchasing an additional 8,701 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Suzano by 10.6% in the fourth quarter. Ameriprise Financial Inc. now owns 12,090 shares of the company's stock worth $126,000 after purchasing an additional 1,155 shares during the last quarter. Bridgefront Capital LLC bought a new stake in shares of Suzano in the fourth quarter worth about $129,000. Finally, Mariner LLC grew its stake in shares of Suzano by 29.1% in the fourth quarter. Mariner LLC now owns 13,326 shares of the company's stock worth $135,000 after purchasing an additional 3,006 shares during the last quarter. 2.55% of the stock is owned by institutional investors.

Suzano Stock Up 0.4%

Shares of SUZ stock traded up $0.04 during trading hours on Thursday, hitting $9.84. 258,319 shares of the company's stock traded hands, compared to its average volume of 1,856,185. The stock's fifty day simple moving average is $9.46 and its two-hundred day simple moving average is $9.39. Suzano S.A. Sponsored ADR has a 12-month low of $8.41 and a 12-month high of $10.98. The stock has a market cap of $13.02 billion, a price-to-earnings ratio of 8.71, a PEG ratio of 0.10 and a beta of 0.89. The company has a quick ratio of 2.48, a current ratio of 3.16 and a debt-to-equity ratio of 2.05.

Analysts Set New Price Targets

SUZ has been the topic of several research reports. Zacks Research raised Suzano to a "strong-buy" rating in a research report on Friday, August 8th. The Goldman Sachs Group raised Suzano from a "neutral" rating to a "buy" rating in a research report on Friday, June 13th. Finally, Wall Street Zen cut Suzano from a "buy" rating to a "hold" rating in a research report on Tuesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat, Suzano currently has a consensus rating of "Strong Buy".

About Suzano

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.