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ANTIPODES PARTNERS Ltd Sells 142,557 Shares of Suzano S.A. Sponsored ADR (NYSE:SUZ)

Suzano logo with Basic Materials background

ANTIPODES PARTNERS Ltd cut its position in shares of Suzano S.A. Sponsored ADR (NYSE:SUZ - Free Report) by 27.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 375,264 shares of the company's stock after selling 142,557 shares during the quarter. ANTIPODES PARTNERS Ltd's holdings in Suzano were worth $3,486,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Financial Management Professionals Inc. acquired a new stake in Suzano in the first quarter worth $28,000. GAMMA Investing LLC grew its holdings in 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 period. OLD Mission Capital LLC grew its holdings in Suzano by 17.3% in the fourth quarter. OLD Mission Capital LLC now owns 12,488 shares of the company's stock worth $126,000 after purchasing an additional 1,843 shares during the period. Ameriprise Financial Inc. lifted 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 valued at $126,000 after buying an additional 1,155 shares in the last quarter. Finally, Bridgefront Capital LLC bought a new position in shares of Suzano in the fourth quarter valued at $129,000. 2.55% of the stock is currently owned by institutional investors and hedge funds.

Suzano Stock Performance

NYSE SUZ traded down $0.13 during trading hours on Monday, reaching $9.35. 587,728 shares of the company were exchanged, compared to its average volume of 1,860,470. Suzano S.A. Sponsored ADR has a 1 year low of $8.41 and a 1 year high of $10.98. The business's 50 day simple moving average is $9.31 and its 200-day simple moving average is $9.51. The company has a quick ratio of 1.96, a current ratio of 2.61 and a debt-to-equity ratio of 2.27. The stock has a market capitalization of $12.37 billion, a P/E ratio of -66.75, a P/E/G ratio of 0.09 and a beta of 0.94.

Suzano (NYSE:SUZ - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.01). The firm had revenue of $2.03 billion for the quarter, compared to analysts' expectations of $11.82 billion. Suzano had a negative net margin of 2.43% and a negative return on equity of 3.08%. On average, equities research analysts expect that Suzano S.A. Sponsored ADR will post 1.93 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. UBS Group raised shares of Suzano to a "strong-buy" rating in a research note on Thursday, April 10th. Wall Street Zen raised shares of Suzano from a "hold" rating to a "buy" rating in a research note on Monday, July 21st. Finally, The Goldman Sachs Group raised shares of Suzano from a "neutral" rating to a "buy" rating in a research note on Friday, June 13th.

Read Our Latest Analysis on Suzano

Suzano Profile

(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.

See Also

Institutional Ownership by Quarter for Suzano (NYSE:SUZ)

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