D. E. Shaw & Co. Inc. grew its stake in shares of Cosan S.A. (NYSE:CSAN - Free Report) by 826.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 441,414 shares of the company's stock after acquiring an additional 393,784 shares during the quarter. D. E. Shaw & Co. Inc. owned about 0.09% of Cosan worth $2,401,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sanctuary Advisors LLC purchased a new position in shares of Cosan in the fourth quarter worth about $510,000. Caprock Group LLC acquired a new position in Cosan in the 4th quarter worth approximately $61,000. Mariner LLC increased its holdings in Cosan by 273.1% in the 4th quarter. Mariner LLC now owns 106,724 shares of the company's stock worth $581,000 after buying an additional 78,120 shares during the period. Citadel Advisors LLC raised its position in Cosan by 1,204.6% during the 4th quarter. Citadel Advisors LLC now owns 498,181 shares of the company's stock worth $2,710,000 after buying an additional 459,995 shares during the last quarter. Finally, Invesco Ltd. acquired a new stake in Cosan during the 4th quarter valued at approximately $58,000.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered shares of Cosan from a "hold" rating to a "sell" rating in a research note on Saturday.
Check Out Our Latest Report on CSAN
Cosan Stock Performance
Shares of CSAN stock traded up $0.23 on Monday, hitting $5.73. The company had a trading volume of 2,842,563 shares, compared to its average volume of 880,992. Cosan S.A. has a twelve month low of $4.31 and a twelve month high of $10.99. The company has a quick ratio of 1.73, a current ratio of 1.86 and a debt-to-equity ratio of 1.31. The firm has a market cap of $2.67 billion, a P/E ratio of 4.34, a price-to-earnings-growth ratio of 3.94 and a beta of 1.13. The company has a 50-day moving average price of $5.25 and a 200-day moving average price of $5.59.
Cosan (NYSE:CSAN - Get Free Report) last announced its quarterly 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 during the quarter, compared to the consensus estimate of $7.17 billion. As a group, equities research analysts predict that Cosan S.A. will post 0.2 earnings per share for the current fiscal year.
Cosan Company Profile
(
Free Report)
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.
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