Jane Street Group LLC bought a new stake in Cosan S.A. (NYSE:CSAN - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 82,945 shares of the company's stock, valued at approximately $451,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CSAN. Sanctuary Advisors LLC bought a new stake in shares of Cosan in the fourth quarter valued at approximately $510,000. Caprock Group LLC acquired a new position in Cosan during the 4th quarter valued at $61,000. Mariner LLC raised its stake in Cosan by 273.1% during the 4th quarter. Mariner LLC now owns 106,724 shares of the company's stock valued at $581,000 after purchasing an additional 78,120 shares during the last quarter. Invesco Ltd. bought a new stake in Cosan in the 4th quarter valued at $58,000. Finally, Trexquant Investment LP grew its position in Cosan by 1,909.9% in the 4th quarter. Trexquant Investment LP now owns 215,801 shares of the company's stock worth $1,174,000 after purchasing an additional 205,064 shares during the last quarter.
Analyst Ratings Changes
Separately, Wall Street Zen downgraded shares of Cosan from a "hold" rating to a "sell" rating in a report on Saturday, May 24th.
Check Out Our Latest Analysis on Cosan
Cosan Stock Performance
Cosan stock traded down $0.17 during trading hours on Wednesday, hitting $5.88. The stock had a trading volume of 1,765,395 shares, compared to its average volume of 911,437. The company has a 50-day moving average of $5.31 and a two-hundred day moving average of $5.53. The company has a quick ratio of 1.73, a current ratio of 1.86 and a debt-to-equity ratio of 1.31. Cosan S.A. has a fifty-two week low of $4.31 and a fifty-two week high of $10.64. The company has a market cap of $2.75 billion, a PE ratio of 4.45, a price-to-earnings-growth ratio of 3.94 and a beta of 1.15.
Cosan (NYSE:CSAN - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $7.17 billion. On average, equities research analysts anticipate that Cosan S.A. will post 0.2 EPS for the current fiscal year.
Cosan 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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