Suzano S.A. Sponsored ADR $SUZ Shares Purchased by American Century Companies Inc.

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

Other large investors have also recently made changes to their positions in the company. Robeco Institutional Asset Management B.V. acquired a new position in shares of Suzano in the 1st quarter valued at $517,000. Principal Financial Group Inc. raised its position in Suzano by 38.6% during the first quarter. Principal Financial Group Inc. now owns 181,167 shares of the company's stock worth $1,683,000 after acquiring an additional 50,435 shares during the period. 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 worth $126,000 after acquiring an additional 1,155 shares during the period. Deutsche Bank AG raised its position in Suzano by 209.7% during the first quarter. Deutsche Bank AG now owns 210,873 shares of the company's stock worth $1,959,000 after acquiring an additional 142,781 shares during the period. Finally, Northern Trust Corp raised its position in Suzano by 67.9% during the fourth quarter. Northern Trust Corp now owns 327,790 shares of the company's stock worth $3,317,000 after acquiring an additional 132,516 shares during the period. 2.55% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on SUZ shares. The Goldman Sachs Group upgraded shares of Suzano from a "neutral" rating to a "buy" rating in a research report on Friday, June 13th. Wall Street Zen cut shares of Suzano from a "buy" rating to a "hold" rating in a research report on Tuesday, July 29th. Finally, Zacks Research upgraded shares of Suzano to a "strong-buy" rating in a research report on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Strong Buy".

Suzano Price Performance

Suzano stock opened at $9.72 on Wednesday. Suzano S.A. Sponsored ADR has a 52-week low of $8.41 and a 52-week high of $10.98. The firm has a market capitalization of $12.87 billion, a price-to-earnings ratio of 8.60, a PEG ratio of 0.10 and a beta of 0.89. The company has a fifty day simple moving average of $9.45 and a 200-day simple moving average of $9.39. The company has a quick ratio of 2.48, a current ratio of 3.16 and a debt-to-equity ratio of 2.05.

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.

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