Suzano S.A. (NYSE:SUZ) Shares Purchased by Northern Trust Corp

Northern Trust Corp raised its position in shares of Suzano S.A. (NYSE:SUZ - Free Report) by 67.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 327,790 shares of the company's stock after buying an additional 132,516 shares during the quarter. Northern Trust Corp's holdings in Suzano were worth $3,317,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SUZ. Lindbrook Capital LLC grew its position in Suzano by 69.2% during 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. Blue Trust Inc. grew its holdings in shares of Suzano by 222.7% during the fourth quarter. Blue Trust Inc. now owns 6,592 shares of the company's stock valued at $67,000 after buying an additional 4,549 shares during the last quarter. Signaturefd LLC increased its position 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 period. US Bancorp DE raised its stake 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 acquiring an additional 1,547 shares during the last quarter. Finally, Ballentine Partners LLC purchased a new stake in Suzano during the 4th quarter valued at about $109,000. 2.55% of the stock is currently owned by institutional investors.

Suzano Stock Performance

Shares of NYSE:SUZ traded down $0.05 during trading on Thursday, hitting $8.93. 2,029,453 shares of the stock traded hands, compared to its average volume of 1,790,803. The company has a quick ratio of 1.40, a current ratio of 1.72 and a debt-to-equity ratio of 2.81. The company has a fifty day moving average price of $9.08 and a two-hundred day moving average price of $9.80. Suzano S.A. has a 52-week low of $8.41 and a 52-week high of $10.98. The company has a market cap of $11.83 billion, a price-to-earnings ratio of 14.18 and a beta of 0.94.

Suzano (NYSE:SUZ - Get Free Report) last issued 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). Suzano had a negative return on equity of 17.30% and a negative net margin of 14.93%. The firm had revenue of $2.03 billion during the quarter, compared to analyst estimates of $11.82 billion. As a group, equities analysts predict that Suzano S.A. will post 1.93 EPS for the current year.

Analyst Ratings Changes

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

Suzano Company 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.