Deutsche Bank AG Has $689,000 Stock Position in Suzano S.A. (NYSE:SUZ)

Deutsche Bank AG lowered its position in Suzano S.A. (NYSE:SUZ - Free Report) by 61.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,092 shares of the company's stock after selling 109,109 shares during the period. Deutsche Bank AG's holdings in Suzano were worth $689,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Ameriprise Financial Inc. raised its position in Suzano by 10.6% in the 4th quarter. Ameriprise Financial Inc. now owns 12,090 shares of the company's stock worth $126,000 after purchasing an additional 1,155 shares during the last quarter. Lindbrook Capital LLC raised its position in Suzano by 69.2% in the 4th quarter. Lindbrook Capital LLC now owns 3,004 shares of the company's stock worth $30,000 after purchasing an additional 1,229 shares during the last quarter. US Bancorp DE raised its position in Suzano by 20.3% in the 4th quarter. US Bancorp DE now owns 9,177 shares of the company's stock worth $93,000 after purchasing an additional 1,547 shares during the last quarter. Signaturefd LLC raised its position in Suzano by 28.9% in the 4th quarter. Signaturefd LLC now owns 7,969 shares of the company's stock worth $81,000 after purchasing an additional 1,787 shares during the last quarter. Finally, OLD Mission Capital LLC raised its position in Suzano by 17.3% in the 4th quarter. OLD Mission Capital LLC now owns 12,488 shares of the company's stock worth $126,000 after purchasing an additional 1,843 shares during the last quarter. Institutional investors own 2.55% of the company's stock.

Wall Street Analyst Weigh In

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

Suzano Trading Down 2.9%

Shares of Suzano stock traded down $0.26 on Friday, hitting $8.68. 1,955,841 shares of the company's stock traded hands, compared to its average volume of 1,787,213. The firm's 50-day moving average price is $9.06 and its two-hundred day moving average price is $9.78. The stock has a market capitalization of $11.49 billion, a PE ratio of 13.78 and a beta of 0.94. Suzano S.A. has a one year low of $8.41 and a one year 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.

Suzano (NYSE:SUZ - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.01). The business had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $11.82 billion. Suzano had a negative net margin of 14.93% and a negative return on equity of 17.30%. On average, research analysts expect that Suzano S.A. will post 1.93 EPS for the current fiscal year.

Suzano 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.