Suzano S.A. (NYSE:SUZ) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its stake in Suzano S.A. (NYSE:SUZ - Free Report) by 671.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 199,049 shares of the company's stock after purchasing an additional 173,257 shares during the quarter. BNP Paribas Financial Markets' holdings in Suzano were worth $2,014,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Lindbrook Capital LLC raised its holdings in Suzano by 69.2% in the 4th 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 period. Blue Trust Inc. lifted its stake in Suzano by 222.7% during the 4th quarter. Blue Trust Inc. now owns 6,592 shares of the company's stock worth $67,000 after acquiring an additional 4,549 shares in the last quarter. Signaturefd LLC boosted its holdings in Suzano by 28.9% during the 4th quarter. Signaturefd LLC now owns 7,969 shares of the company's stock valued at $81,000 after acquiring an additional 1,787 shares during the period. US Bancorp DE grew 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 acquiring an additional 1,547 shares in the last quarter. Finally, Ballentine Partners LLC acquired a new position in Suzano in the 4th quarter valued at about $109,000. Hedge funds and other institutional investors own 2.55% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised Suzano to a "strong-buy" rating in a research report on Thursday, April 10th.

Suzano Stock Performance

Shares of SUZ stock traded up $0.03 during trading hours on Thursday, hitting $9.45. The stock had a trading volume of 933,413 shares, compared to its average volume of 1,812,959. Suzano S.A. has a twelve month low of $8.41 and a twelve month high of $10.98. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.72 and a quick ratio of 1.40. The firm has a market capitalization of $12.51 billion, a PE ratio of 15.03 and a beta of 0.94. The stock's 50 day moving average is $9.13 and its 200 day moving average is $9.84.

Suzano (NYSE:SUZ - Get Free Report) last posted 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). The business had revenue of $2.03 billion during the quarter, compared to analysts' expectations of $11.82 billion. Suzano had a negative net margin of 14.93% and a negative return on equity of 17.30%. As a group, research analysts forecast that Suzano S.A. will post 1.93 earnings per share for the current fiscal year.

Suzano Company 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.