Citadel Advisors LLC Increases Stock Position in Cosan S.A. (NYSE:CSAN)

Citadel Advisors LLC lifted its stake in Cosan S.A. (NYSE:CSAN - Free Report) by 1,204.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 498,181 shares of the company's stock after purchasing an additional 459,995 shares during the quarter. Citadel Advisors LLC owned about 0.11% of Cosan worth $2,710,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. BNP Paribas Financial Markets acquired a new stake in Cosan during the 4th quarter worth about $27,000. PNC Financial Services Group Inc. raised its stake in shares of Cosan by 181.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company's stock worth $53,000 after purchasing an additional 6,311 shares during the last quarter. PDS Planning Inc acquired a new stake in shares of Cosan during the fourth quarter worth about $58,000. Invesco Ltd. purchased a new stake in Cosan in the fourth quarter valued at approximately $58,000. Finally, Caprock Group LLC purchased a new stake in Cosan in the fourth quarter valued at approximately $61,000.

Cosan Stock Performance

NYSE:CSAN traded up $0.07 during mid-day trading on Tuesday, hitting $5.80. The company's stock had a trading volume of 1,560,218 shares, compared to its average volume of 883,709. The business's fifty day moving average is $5.25 and its two-hundred day moving average is $5.59. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 4.39, a PEG ratio of 3.94 and a beta of 1.13. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.86 and a quick ratio of 1.73. Cosan S.A. has a 1 year low of $4.31 and a 1 year high of $10.99.

Cosan (NYSE:CSAN - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported ($0.65) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.64). The firm had revenue of $1.29 billion during the quarter, compared to analysts' expectations of $7.17 billion. Analysts anticipate that Cosan S.A. will post 0.2 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of Cosan from a "hold" rating to a "sell" rating in a research note on Saturday.

About Cosan

Cosan SA engages in the fuel distribution business. It operates through Raízen, Compass, Moove, Rumo, and Radar segments. The company's Raízen segment engages in the production, commercialization, origination, and trading of ethanol, bioenergy, renewable sources, and sugar; trading and resale of electricity; and distribution and commercialization of fuels and lubricants.