Kapitalo Investimentos Ltda Boosts Holdings in Suzano S.A. (NYSE:SUZ)

Kapitalo Investimentos Ltda boosted its stake in Suzano S.A. (NYSE:SUZ - Free Report) by 10.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 760,988 shares of the company's stock after acquiring an additional 74,159 shares during the period. Suzano accounts for about 1.8% of Kapitalo Investimentos Ltda's holdings, making the stock its 11th biggest position. Kapitalo Investimentos Ltda owned about 0.06% of Suzano worth $8,645,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its position in Suzano by 16.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,798 shares of the company's stock valued at $100,000 after purchasing an additional 1,222 shares during the last quarter. Aprio Wealth Management LLC bought a new position in shares of Suzano in the fourth quarter worth approximately $134,000. QRG Capital Management Inc. purchased a new position in shares of Suzano in the third quarter worth $138,000. Advisor Partners II LLC raised its holdings in Suzano by 23.9% during the 3rd quarter. Advisor Partners II LLC now owns 12,862 shares of the company's stock valued at $138,000 after buying an additional 2,479 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its position in Suzano by 8.7% during the 4th quarter. Quadrant Capital Group LLC now owns 16,264 shares of the company's stock valued at $185,000 after buying an additional 1,304 shares during the period. 2.55% of the stock is currently owned by hedge funds and other institutional investors.

Suzano Trading Up 0.5 %

Shares of NYSE:SUZ traded up $0.05 on Monday, hitting $10.22. The company had a trading volume of 4,375,225 shares, compared to its average volume of 1,845,186. Suzano S.A. has a 1 year low of $8.73 and a 1 year high of $12.98. The firm has a market capitalization of $13.53 billion, a price-to-earnings ratio of 7.30 and a beta of 1.10. The firm's 50-day simple moving average is $11.69 and its two-hundred day simple moving average is $11.18. The company has a quick ratio of 2.36, a current ratio of 2.89 and a debt-to-equity ratio of 1.65.

Suzano (NYSE:SUZ - Get Free Report) last announced its earnings results on Thursday, May 9th. The company reported $0.03 earnings per share (EPS) for the quarter. Suzano had a return on equity of 20.82% and a net margin of 23.84%. The firm had revenue of $1.91 billion during the quarter. During the same period in the prior year, the company posted $0.76 EPS. Equities analysts anticipate that Suzano S.A. will post 10.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley raised shares of Suzano from an "underweight" rating to an "equal weight" rating in a research note on Monday.

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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