Northern Trust Corp Has $3.32 Million Stock Holdings in Suzano S.A. (NYSE:SUZ)

Northern Trust Corp lifted its holdings 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 13F filing with the Securities and Exchange Commission (SEC). The firm 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 quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Aquatic Capital Management LLC grew its holdings in Suzano by 165.0% during the 4th quarter. Aquatic Capital Management LLC now owns 64,662 shares of the company's stock worth $654,000 after acquiring an additional 40,262 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Suzano by 17.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 170,356 shares of the company's stock worth $1,724,000 after purchasing an additional 25,833 shares during the last quarter. Marshall Wace LLP grew its stake in shares of Suzano by 111.7% during the fourth quarter. Marshall Wace LLP now owns 1,058,200 shares of the company's stock worth $10,709,000 after purchasing an additional 558,224 shares during the period. Mariner LLC increased its holdings in Suzano by 29.1% in the fourth quarter. Mariner LLC now owns 13,326 shares of the company's stock valued at $135,000 after purchasing an additional 3,006 shares during the last quarter. Finally, Ranmore Fund Management Ltd bought a new stake in Suzano in the fourth quarter valued at about $8,022,000. 2.55% of the stock is owned by institutional investors.

Suzano Trading Down 2.4%

Suzano stock traded down $0.23 during midday trading on Tuesday, hitting $9.13. 2,742,244 shares of the stock were exchanged, compared to its average volume of 1,794,829. The stock has a market capitalization of $12.09 billion, a PE ratio of 14.50 and a beta of 0.94. The company has a fifty day simple moving average of $9.11 and a two-hundred day simple moving average of $9.82. The company has a quick ratio of 1.40, a current ratio of 1.72 and a debt-to-equity ratio of 2.81. Suzano S.A. has a 52 week low of $8.41 and a 52 week high of $10.98.

Suzano (NYSE:SUZ - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate 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. Equities research analysts anticipate that Suzano S.A. will post 1.93 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, UBS Group upgraded Suzano to a "strong-buy" rating in a 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.