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 stake in shares of Suzano S.A. Sponsored ADR (NYSE:SUZ - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 55,636 shares of the company's stock, valued at approximately $517,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Millennium Management LLC grew its holdings in shares of Suzano by 45,596.6% in the 4th quarter. Millennium Management LLC now owns 4,624,036 shares of the company's stock valued at $46,795,000 after buying an additional 4,613,917 shares during the period. Itau Unibanco Holding S.A. grew its holdings in shares of Suzano by 465.3% in the 4th quarter. Itau Unibanco Holding S.A. now owns 3,680,057 shares of the company's stock valued at $37,242,000 after buying an additional 3,029,016 shares during the period. Atlas FRM LLC grew its holdings in shares of Suzano by 13.1% in the 4th quarter. Atlas FRM LLC now owns 17,320,000 shares of the company's stock valued at $175,278,000 after buying an additional 2,000,000 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of Suzano by 261.5% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,130,093 shares of the company's stock valued at $21,557,000 after buying an additional 1,540,864 shares during the period. Finally, Two Sigma Investments LP grew its holdings in shares of Suzano by 605.7% in the 4th quarter. Two Sigma Investments LP now owns 1,029,559 shares of the company's stock valued at $10,419,000 after buying an additional 883,662 shares during the period. Institutional investors own 2.55% of the company's stock.

Suzano Price Performance

Shares of NYSE SUZ opened at $9.52 on Thursday. The firm has a market cap of $12.61 billion, a PE ratio of -68.00, a PEG ratio of 0.09 and a beta of 0.94. The company has a current ratio of 2.61, a quick ratio of 1.96 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 has a fifty day moving average price of $9.26 and a 200 day moving average price of $9.62.

Suzano (NYSE:SUZ - Get Free Report) last announced its earnings results 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). The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $11.82 billion. Suzano had a negative return on equity of 3.08% and a negative net margin of 2.43%. Research analysts predict that Suzano S.A. Sponsored ADR will post 1.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group raised shares of Suzano from a "neutral" rating to a "buy" rating in a report on Friday, June 13th. UBS Group raised shares of 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.

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