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

Deutsche Bank AG decreased its position in shares of Suzano S.A. (NYSE:SUZ - Free Report) by 61.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Ameriprise Financial Inc. increased its position in Suzano by 10.6% during 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 in the last quarter. Lindbrook Capital LLC increased its holdings in shares of Suzano by 69.2% during the fourth quarter. Lindbrook Capital LLC now owns 3,004 shares of the company's stock worth $30,000 after buying an additional 1,229 shares in the last quarter. US Bancorp DE increased its holdings in shares of Suzano by 20.3% during the fourth quarter. US Bancorp DE now owns 9,177 shares of the company's stock worth $93,000 after buying an additional 1,547 shares in the last quarter. Signaturefd LLC lifted its stake in shares of Suzano by 28.9% in the 4th quarter. Signaturefd LLC now owns 7,969 shares of the company's stock valued at $81,000 after acquiring an additional 1,787 shares during the last quarter. Finally, OLD Mission Capital LLC boosted its holdings in shares of Suzano by 17.3% during the 4th quarter. OLD Mission Capital LLC now owns 12,488 shares of the company's stock valued at $126,000 after acquiring an additional 1,843 shares in the last quarter. Institutional investors own 2.55% of the company's stock.

Suzano Trading Down 2.9%

NYSE SUZ traded down $0.26 during trading hours on Friday, reaching $8.68. The company's stock had a trading volume of 1,955,841 shares, compared to its average volume of 1,791,460. Suzano S.A. has a 52 week low of $8.41 and a 52 week 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. The stock has a market cap of $11.49 billion, a P/E ratio of 13.78 and a beta of 0.94. The firm has a fifty day simple moving average of $9.08 and a 200-day simple moving average of $9.80.

Suzano (NYSE:SUZ - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $0.88 by ($0.01). The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $11.82 billion. Suzano had a negative net margin of 14.93% and a negative return on equity of 17.30%. Equities analysts forecast that Suzano S.A. will post 1.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

About Suzano

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.