American Century Companies Inc. Buys 235,482 Shares of Suzano S.A. Sponsored ADR $SUZ

Key Points

• American Century Companies Inc. increased its stake in Suzano S.A. by 25.2% in Q1, now holding approximately 1.17 million shares valued at $10.86 million.
• Multiple analysts have rated Suzano with a mixed outlook, with Goldman Sachs upgrading to a "buy" and Zacks Research assigning a "strong-buy" rating.
• Suzano's stock price recently opened at $9.72, with a 52-week range reflecting a low of $8.41 and a high of $10.98.

American Century Companies Inc. increased its position in shares of Suzano S.A. Sponsored ADR (NYSE:SUZ - Free Report) by 25.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,168,436 shares of the company's stock after purchasing an additional 235,482 shares during the quarter. American Century Companies Inc. owned 0.09% of Suzano worth $10,855,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SUZ. Financial Management Professionals Inc. acquired a new position in shares of Suzano in the 1st quarter valued at approximately $28,000. GAMMA Investing LLC increased its stake in Suzano by 311.8% in the first quarter. GAMMA Investing LLC now owns 11,492 shares of the company's stock valued at $107,000 after acquiring an additional 8,701 shares during the last quarter. Ameriprise Financial Inc. raised its position in Suzano by 10.6% during the fourth quarter. Ameriprise Financial Inc. now owns 12,090 shares of the company's stock valued at $126,000 after purchasing an additional 1,155 shares in the last quarter. Bridgefront Capital LLC bought a new stake in Suzano during the fourth quarter worth $129,000. Finally, Mariner LLC boosted its holdings in shares of Suzano by 29.1% in the 4th quarter. Mariner LLC now owns 13,326 shares of the company's stock valued at $135,000 after purchasing an additional 3,006 shares in the last quarter. 2.55% of the stock is currently owned by institutional investors and hedge funds.

Suzano Trading Down 1.0%

NYSE:SUZ traded down $0.10 during mid-day trading on Monday, hitting $9.73. 933,266 shares of the company's stock were exchanged, compared to its average volume of 1,498,418. Suzano S.A. Sponsored ADR has a fifty-two week low of $8.41 and a fifty-two week high of $10.98. The company has a current ratio of 3.16, a quick ratio of 2.48 and a debt-to-equity ratio of 2.05. The firm has a market capitalization of $12.88 billion, a P/E ratio of 8.61, a PEG ratio of 0.10 and a beta of 0.85. The company has a 50 day simple moving average of $9.48 and a 200-day simple moving average of $9.37.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on SUZ shares. The Goldman Sachs Group raised Suzano from a "neutral" rating to a "buy" rating in a report on Friday, June 13th. Zacks Research upgraded Suzano to a "strong-buy" rating in a research report on Friday, August 8th. Finally, Wall Street Zen cut shares of Suzano from a "buy" rating to a "hold" rating in a report on Tuesday, July 29th. Two analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Strong Buy".

About Suzano

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.