ANTIPODES PARTNERS Ltd Has $3.49 Million Stock Position in Suzano S.A. Sponsored ADR (NYSE:SUZ)

ANTIPODES PARTNERS Ltd lessened its stake in Suzano S.A. Sponsored ADR (NYSE:SUZ - Free Report) by 27.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. 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.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Millennium Management LLC increased its stake in shares of Suzano by 45,596.6% during the 4th quarter. Millennium Management LLC now owns 4,624,036 shares of the company's stock worth $46,795,000 after purchasing an additional 4,613,917 shares during the last quarter. Itau Unibanco Holding S.A. increased its stake in shares of Suzano by 465.3% during the 4th quarter. Itau Unibanco Holding S.A. now owns 3,680,057 shares of the company's stock worth $37,242,000 after purchasing an additional 3,029,016 shares during the last quarter. Atlas FRM LLC increased its stake in shares of Suzano by 13.1% during the 4th quarter. Atlas FRM LLC now owns 17,320,000 shares of the company's stock worth $175,278,000 after purchasing an additional 2,000,000 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in shares of Suzano by 261.5% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,130,093 shares of the company's stock worth $21,557,000 after purchasing an additional 1,540,864 shares during the last quarter. Finally, Two Sigma Investments LP increased its stake in shares of Suzano by 605.7% during the 4th quarter. Two Sigma Investments LP now owns 1,029,559 shares of the company's stock worth $10,419,000 after purchasing an additional 883,662 shares during the last quarter. Hedge funds and other institutional investors own 2.55% of the company's stock.

Wall Street Analysts Forecast Growth

SUZ has been the subject of several recent analyst reports. The Goldman Sachs Group raised shares of Suzano from a "neutral" rating to a "buy" rating in a report on Friday, June 13th. Wall Street Zen raised shares of Suzano from a "hold" rating to a "buy" rating in a report on Monday. Finally, UBS Group raised shares of Suzano to a "strong-buy" rating in a report on Thursday, April 10th.

Suzano Stock Performance

Suzano stock traded up $0.11 during mid-day trading on Friday, reaching $9.47. The company had a trading volume of 1,413,952 shares, compared to its average volume of 1,639,601. The company has a quick ratio of 1.96, a current ratio of 2.61 and a debt-to-equity ratio of 2.27. Suzano S.A. Sponsored ADR has a 52 week low of $8.41 and a 52 week high of $10.98. The company has a 50 day moving average of $9.31 and a 200-day moving average of $9.51. The firm has a market cap of $12.53 billion, a price-to-earnings ratio of -67.60, a PEG ratio of 0.09 and a beta of 0.94.

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

Suzano Profile

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.