Campbell & CO Investment Adviser LLC purchased a new position in shares of Suzano S.A. Sponsored ADR (NYSE:SUZ - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 180,044 shares of the company's stock, valued at approximately $1,673,000.
Several other hedge funds have also made changes to their positions in SUZ. Ameriprise Financial Inc. lifted its stake in shares of Suzano by 10.6% during 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 in the last quarter. Quantinno Capital Management LP grew its holdings in shares of Suzano by 8.7% during the fourth quarter. Quantinno Capital Management LP now owns 16,325 shares of the company's stock valued at $165,000 after purchasing an additional 1,312 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in shares of Suzano during the first quarter worth approximately $28,000. Mariner LLC boosted its position in shares of Suzano by 29.1% during the fourth quarter. Mariner LLC now owns 13,326 shares of the company's stock worth $135,000 after buying an additional 3,006 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of Suzano by 43.2% during the fourth quarter. Jane Street Group LLC now owns 22,732 shares of the company's stock worth $230,000 after buying an additional 6,858 shares during the period. Institutional investors and hedge funds own 2.55% of the company's stock.
Suzano Trading Up 0.3%
SUZ stock traded up $0.03 during trading on Thursday, hitting $9.83. The company had a trading volume of 893,311 shares, compared to its average volume of 1,661,623. The firm has a 50-day moving average price of $9.46 and a 200-day moving average price of $9.39. The stock has a market cap of $13.01 billion, a price-to-earnings ratio of 8.69, a PEG ratio of 0.10 and a beta of 0.89. Suzano S.A. Sponsored ADR has a 12 month low of $8.41 and a 12 month high of $10.98. The company has a quick ratio of 2.48, a current ratio of 3.16 and a debt-to-equity ratio of 2.05.
Analyst Ratings Changes
A number of brokerages have recently commented on SUZ. Wall Street Zen downgraded Suzano from a "buy" rating to a "hold" rating in a research report on Tuesday, July 29th. Zacks Research upgraded Suzano to a "strong-buy" rating in a report on Friday, August 8th. Finally, The Goldman Sachs Group upgraded Suzano from a "neutral" rating to a "buy" rating in a report on Friday, June 13th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Strong Buy".
Get Our Latest Stock Report 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.
Read More
Before you consider Suzano, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Suzano wasn't on the list.
While Suzano currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access