Robeco Institutional Asset Management B.V. Buys Shares of 55,636 Suzano S.A. Sponsored ADR (NYSE:SUZ)

Robeco Institutional Asset Management B.V. bought a new position in Suzano S.A. Sponsored ADR (NYSE:SUZ - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 55,636 shares of the company's stock, valued at approximately $517,000.

Several other hedge funds also recently made changes to their positions in SUZ. Financial Management Professionals Inc. acquired a new stake in Suzano during the first quarter worth about $28,000. Lindbrook Capital LLC boosted its position in Suzano by 69.2% during the 4th quarter. Lindbrook Capital LLC now owns 3,004 shares of the company's stock valued at $30,000 after purchasing an additional 1,229 shares during the period. Signaturefd LLC boosted its position in Suzano by 28.9% during the 4th quarter. Signaturefd LLC now owns 7,969 shares of the company's stock valued at $81,000 after purchasing an additional 1,787 shares during the period. US Bancorp DE boosted its position in Suzano by 20.3% during the 4th quarter. US Bancorp DE now owns 9,177 shares of the company's stock valued at $93,000 after purchasing an additional 1,547 shares during the period. Finally, GAMMA Investing LLC boosted its position in Suzano by 311.8% during the 1st quarter. GAMMA Investing LLC now owns 11,492 shares of the company's stock valued at $107,000 after purchasing an additional 8,701 shares during the period. Institutional investors and hedge funds own 2.55% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. UBS Group upgraded shares of Suzano to a "strong-buy" rating in a research note on Thursday, April 10th. The Goldman Sachs Group upgraded shares of Suzano from a "neutral" rating to a "buy" rating in a research note on Friday, June 13th. Finally, Wall Street Zen upgraded Suzano from a "hold" rating to a "buy" rating in a research report on Saturday.

Suzano Stock Performance

SUZ stock traded up $0.04 during trading on Friday, reaching $9.57. 639,520 shares of the company's stock were exchanged, compared to its average volume of 1,740,731. The company has a quick ratio of 1.96, a current ratio of 2.61 and a debt-to-equity ratio of 2.27. Suzano S.A. Sponsored ADR has a 1-year low of $8.41 and a 1-year high of $10.98. The company's fifty day moving average price is $9.28 and its 200-day moving average price is $9.60. The firm has a market cap of $12.67 billion, a PE ratio of -68.35, a P/E/G ratio of 0.10 and a beta of 0.94.

Suzano (NYSE:SUZ - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.88 by ($0.01). Suzano had a negative return on equity of 3.08% and a negative net margin of 2.43%. The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $11.82 billion. On average, research analysts expect that Suzano S.A. Sponsored ADR will post 1.93 EPS for the current fiscal year.

Suzano 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.