D. E. Shaw & Co. Inc. Boosts Stock Holdings in Cosan S.A. (NYSE:CSAN)

D. E. Shaw & Co. Inc. grew its position in Cosan S.A. (NYSE:CSAN - Free Report) by 826.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 441,414 shares of the company's stock after purchasing an additional 393,784 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 0.09% of Cosan worth $2,401,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Cubist Systematic Strategies LLC bought a new position in Cosan during the fourth quarter worth $41,000. Citadel Advisors LLC increased its position in Cosan by 1,204.6% during the fourth quarter. Citadel Advisors LLC now owns 498,181 shares of the company's stock worth $2,710,000 after acquiring an additional 459,995 shares during the period. Balyasny Asset Management L.P. increased its position in Cosan by 97.9% during the fourth quarter. Balyasny Asset Management L.P. now owns 48,849 shares of the company's stock worth $266,000 after acquiring an additional 24,166 shares during the period. BNP Paribas Financial Markets acquired a new stake in Cosan during the fourth quarter worth $27,000. Finally, Ameriprise Financial Inc. bought a new stake in Cosan in the 4th quarter valued at $126,000.

Cosan Price Performance

NYSE CSAN traded up $0.23 on Friday, hitting $5.73. 2,842,563 shares of the company were exchanged, compared to its average volume of 878,524. The firm has a 50 day moving average of $5.25 and a two-hundred day moving average of $5.65. The company has a market cap of $2.67 billion, a P/E ratio of 4.34, a P/E/G ratio of 3.94 and a beta of 1.13. The company has a current ratio of 1.86, a quick ratio of 1.73 and a debt-to-equity ratio of 1.31. Cosan S.A. has a 1-year low of $4.31 and a 1-year high of $11.03.

Cosan (NYSE:CSAN - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.65) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.64). The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $7.17 billion. On average, equities analysts predict that Cosan S.A. will post 0.2 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of Cosan from a "hold" rating to a "sell" rating in a report on Saturday.

Cosan Profile

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.