Marshall Wace LLP Buys 558,224 Shares of Suzano S.A. (NYSE:SUZ)

Marshall Wace LLP grew its stake in shares of Suzano S.A. (NYSE:SUZ - Free Report) by 111.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,058,200 shares of the company's stock after purchasing an additional 558,224 shares during the period. Marshall Wace LLP owned about 0.08% of Suzano worth $10,709,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of SUZ. GAMMA Investing LLC grew its position in Suzano by 58.2% during the 4th quarter. GAMMA Investing LLC now owns 2,791 shares of the company's stock worth $28,000 after purchasing an additional 1,027 shares in the last quarter. Lindbrook Capital LLC grew its stake in Suzano by 69.2% during the 4th 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 holdings in shares of Suzano by 222.7% in 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 lifted its position in shares of Suzano by 28.9% in the fourth quarter. Signaturefd LLC now owns 7,969 shares of the company's stock worth $81,000 after purchasing an additional 1,787 shares in the last quarter. Finally, US Bancorp DE lifted its position in 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 buying an additional 1,547 shares in the last quarter. Institutional investors and hedge funds own 2.55% of the company's stock.

Suzano Stock Down 1.5 %

Shares of NYSE:SUZ traded down $0.14 on Friday, reaching $9.05. The company had a trading volume of 1,024,840 shares, compared to its average volume of 1,997,328. The company has a quick ratio of 1.40, a current ratio of 1.72 and a debt-to-equity ratio of 2.81. The stock has a market capitalization of $11.98 billion, a P/E ratio of 14.37 and a beta of 0.88. The stock has a 50-day moving average price of $9.32 and a 200 day moving average price of $9.96. Suzano S.A. has a twelve month low of $8.41 and a twelve month high of $11.93.

Wall Street Analysts Forecast Growth

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

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.