Point72 Asset Management L.P. Takes $1.05 Million Position in Cosan S.A. (NYSE:CSAN)

Point72 Asset Management L.P. purchased a new position in Cosan S.A. (NYSE:CSAN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 193,700 shares of the company's stock, valued at approximately $1,054,000.

Other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new position in shares of Cosan in the 4th quarter worth $510,000. Caprock Group LLC purchased a new stake in shares of Cosan in the fourth quarter worth about $61,000. Mariner LLC increased its stake in Cosan by 273.1% in the 4th quarter. Mariner LLC now owns 106,724 shares of the company's stock worth $581,000 after acquiring an additional 78,120 shares during the last quarter. Citadel Advisors LLC increased its stake in Cosan by 1,204.6% in the 4th quarter. Citadel Advisors LLC now owns 498,181 shares of the company's stock worth $2,710,000 after acquiring an additional 459,995 shares during the last quarter. Finally, Invesco Ltd. purchased a new position in shares of Cosan in the 4th quarter worth approximately $58,000.

Cosan Stock Up 2.5%

NYSE:CSAN traded up $0.15 during mid-day trading on Tuesday, hitting $5.88. 467,978 shares of the company's stock traded hands, compared to its average volume of 879,692. Cosan S.A. has a twelve month low of $4.31 and a twelve month high of $10.99. The company has a market capitalization of $2.74 billion, a P/E ratio of 4.45, a P/E/G ratio of 3.94 and a beta of 1.13. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.73 and a current ratio of 1.86. The company has a fifty day moving average of $5.25 and a 200 day moving average of $5.59.

Cosan (NYSE:CSAN - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.65) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.64). The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $7.17 billion. On average, analysts forecast that Cosan S.A. will post 0.2 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut Cosan from a "hold" rating to a "sell" rating in a report on Saturday.

About Cosan

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.