Suzano S.A. (NYSE:SUZ) Shares Bought by Two Sigma Investments LP

Two Sigma Investments LP grew its position in Suzano S.A. (NYSE:SUZ - Free Report) by 605.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,029,559 shares of the company's stock after buying an additional 883,662 shares during the quarter. Two Sigma Investments LP owned 0.08% of Suzano worth $10,419,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SUZ. Lindbrook Capital LLC raised its holdings in shares of Suzano by 69.2% in the fourth quarter. Lindbrook Capital LLC now owns 3,004 shares of the company's stock valued at $30,000 after acquiring an additional 1,229 shares in the last quarter. Blue Trust Inc. increased its position in Suzano by 222.7% during the 4th quarter. Blue Trust Inc. now owns 6,592 shares of the company's stock valued at $67,000 after purchasing an additional 4,549 shares during the period. Signaturefd LLC raised its holdings in shares of Suzano by 28.9% in the 4th quarter. Signaturefd LLC now owns 7,969 shares of the company's stock valued at $81,000 after purchasing an additional 1,787 shares in the last quarter. US Bancorp DE lifted its position in shares of Suzano by 20.3% in the 4th quarter. US Bancorp DE now owns 9,177 shares of the company's stock worth $93,000 after purchasing an additional 1,547 shares during the period. Finally, Ballentine Partners LLC purchased a new stake in shares of Suzano in the 4th quarter worth approximately $109,000. Institutional investors own 2.55% of the company's stock.

Wall Street Analysts Forecast Growth

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

Suzano Stock Down 2.0%

NYSE SUZ traded down $0.18 during midday trading on Friday, hitting $8.77. 366,068 shares of the company traded hands, compared to its average volume of 1,785,257. Suzano S.A. has a 52 week low of $8.41 and a 52 week high of $10.98. The company's 50-day simple moving average is $9.08 and its 200-day simple moving average is $9.80. The company has a market cap of $11.61 billion, a PE ratio of 13.93 and a beta of 0.94. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.72 and a quick ratio of 1.40.

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

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.