Suzano S.A. Sponsored ADR $SUZ Shares Bought by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors increased its Suzano position by 48.2% in the first quarter, buying 172,313 additional shares to hold 529,775 shares valued at approximately $5.3 million.
• Other institutional investors also adjusted their holdings, but institutional and hedge-fund ownership remains relatively low at 2.55% of outstanding shares.
• Analyst sentiment is cautious: Suzano has a consensus “Hold” rating and a $12.20 price target, while shares recently traded at $7.87, down 3.1%.

Dimensional Fund Advisors LP raised its position in Suzano S.A. Sponsored ADR (NYSE:SUZ - Free Report) by 48.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 529,775 shares of the company's stock after purchasing an additional 172,313 shares during the period. Dimensional Fund Advisors LP's holdings in Suzano were worth $5,303,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Caitong International Asset Management Co. Ltd lifted its holdings in Suzano by 11,502.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,293 shares of the company's stock worth $40,000 after buying an additional 4,256 shares during the last quarter. Venturi Wealth Management LLC purchased a new position in shares of Suzano in the 1st quarter valued at about $51,000. Parallel Advisors LLC increased its holdings in shares of Suzano by 71.7% in the 3rd quarter. Parallel Advisors LLC now owns 9,341 shares of the company's stock valued at $88,000 after acquiring an additional 3,901 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Suzano by 16.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,017 shares of the company's stock worth $93,000 after acquiring an additional 1,400 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Suzano during the 3rd quarter worth about $94,000. 2.55% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SUZ. Weiss Ratings downgraded Suzano from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, June 18th. Zacks Research cut shares of Suzano from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, Suzano currently has a consensus rating of "Hold" and a consensus price target of $12.20.

Suzano Trading Down 3.1%

Shares of SUZ stock opened at $7.87 on Wednesday. Suzano S.A. Sponsored ADR has a fifty-two week low of $7.55 and a fifty-two week high of $11.53. The company has a quick ratio of 2.80, a current ratio of 3.51 and a debt-to-equity ratio of 1.81. The business has a fifty day simple moving average of $8.16 and a 200-day simple moving average of $9.13. The stock has a market cap of $9.75 billion, a P/E ratio of 4.68, a P/E/G ratio of 0.13 and a beta of 0.56.

Suzano Company Profile

Suzano SA is a Brazil-based pulp and paper company recognized as one of the world's leading producers of eucalyptus pulp. The company develops and supplies a wide range of fiber-based products that serve global demand in printing and writing papers, tissue paper, packaging, and specialty paper markets. With an extensive network of industrial units and logistics operations, Suzano manages every stage of production from forest plantations to final delivery, emphasizing integrated operations and quality control.

At the core of Suzano's business is its sustainable forestry model, which covers more than one million hectares of managed eucalyptus plantations across Brazil.

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