Two Sigma Advisers LP Buys 565,800 Shares of Suzano S.A. (NYSE:SUZ)

Two Sigma Advisers LP increased its position in shares of Suzano S.A. (NYSE:SUZ - Free Report) by 826.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 634,300 shares of the company's stock after buying an additional 565,800 shares during the quarter. Two Sigma Advisers LP's holdings in Suzano were worth $6,419,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SUZ. Lindbrook Capital LLC grew its holdings in shares of 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 in the last quarter. Blue Trust Inc. lifted its position in Suzano by 222.7% in the fourth quarter. Blue Trust Inc. now owns 6,592 shares of the company's stock worth $67,000 after purchasing an additional 4,549 shares during the period. Signaturefd LLC boosted its stake in Suzano by 28.9% during the fourth quarter. Signaturefd LLC now owns 7,969 shares of the company's stock worth $81,000 after buying an additional 1,787 shares in the last quarter. US Bancorp DE increased its holdings in Suzano by 20.3% in the 4th quarter. US Bancorp DE now owns 9,177 shares of the company's stock valued at $93,000 after buying an additional 1,547 shares during the period. Finally, Ballentine Partners LLC acquired a new position in shares of Suzano in the 4th quarter valued at $109,000. 2.55% of the stock is currently owned by institutional investors.

Suzano Price Performance

SUZ traded down $0.05 during midday trading on Thursday, reaching $8.94. 1,330,454 shares of the company's stock were exchanged, compared to its average volume of 1,860,715. 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 business has a 50-day simple moving average of $9.09 and a two-hundred day simple moving average of $9.81. The firm has a market capitalization of $11.83 billion, a price-to-earnings ratio of 14.17 and a beta of 0.94. Suzano S.A. has a one year low of $8.41 and a one year high of $10.98.

Suzano (NYSE:SUZ - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.01). The company had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $11.82 billion. Suzano had a negative return on equity of 17.30% and a negative net margin of 14.93%. As a group, research analysts predict that Suzano S.A. will post 1.93 EPS for the current year.

Wall Street Analyst Weigh In

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

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.