Deutsche Bank AG Buys 142,781 Shares of Suzano S.A. Sponsored ADR $SUZ

Key Points

• Deutsche Bank AG significantly increased its stake in Suzano S.A. by 209.7%, acquiring a total of 210,873 shares valued at approximately $1.96 million.
• Analysts have mixed views on Suzano, with Goldman Sachs upgrading it to a "buy" rating, while Wall Street Zen has downgraded it from "buy" to "hold," leading to a consensus rating of "Strong Buy."
• Suzano's stock currently has a market cap of $12.69 billion and has seen fluctuations between a 52-week low of $8.41 and a high of $10.98.

Deutsche Bank AG boosted its holdings in Suzano S.A. Sponsored ADR (NYSE:SUZ - Free Report) by 209.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 210,873 shares of the company's stock after acquiring an additional 142,781 shares during the quarter. Deutsche Bank AG's holdings in Suzano were worth $1,959,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Millennium Management LLC grew its stake in shares of Suzano by 45,596.6% in the fourth quarter. Millennium Management LLC now owns 4,624,036 shares of the company's stock worth $46,795,000 after acquiring an additional 4,613,917 shares during the period. Itau Unibanco Holding S.A. boosted its holdings in Suzano by 465.3% in the fourth quarter. Itau Unibanco Holding S.A. now owns 3,680,057 shares of the company's stock worth $37,242,000 after purchasing an additional 3,029,016 shares during the last quarter. Atlas FRM LLC grew its position in Suzano by 13.1% in the 4th quarter. Atlas FRM LLC now owns 17,320,000 shares of the company's stock worth $175,278,000 after purchasing an additional 2,000,000 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in Suzano by 261.5% during 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 last quarter. Finally, Two Sigma Investments LP lifted its holdings in shares of Suzano by 605.7% during 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

NYSE:SUZ traded up $0.3270 during trading hours on Friday, hitting $9.9070. 1,526,996 shares of the stock traded hands, compared to its average volume of 1,960,670. The company has a market cap of $13.12 billion, a price-to-earnings ratio of 8.77, a price-to-earnings-growth ratio of 0.10 and a beta of 0.89. Suzano S.A. Sponsored ADR has a 1 year low of $8.41 and a 1 year high of $10.98. The stock has a 50 day moving average price of $9.45 and a 200 day moving average price of $9.40. The company has a quick ratio of 2.48, a current ratio of 3.16 and a debt-to-equity ratio of 2.05.

Analyst Upgrades and Downgrades

SUZ has been the subject of a number of research reports. The Goldman Sachs Group upgraded Suzano from a "neutral" rating to a "buy" rating in a research report on Friday, June 13th. Wall Street Zen lowered 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 note on Friday, August 8th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company's stock. According to data from MarketBeat.com, Suzano has an average 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.