Suzano (NYSE:SUZ - Get Free Report)'s stock had its "hold (c)" rating reiterated by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.
A number of other equities analysts have also recently issued reports on the company. Wall Street Zen cut Suzano from a "buy" rating to a "hold" rating in a report on Tuesday, July 29th. The Goldman Sachs Group upgraded Suzano from a "neutral" rating to a "buy" rating in a report on Friday, June 13th. Finally, Zacks Research cut Suzano from a "strong-buy" rating to a "hold" rating in a report on Monday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Suzano currently has a consensus rating of "Moderate Buy".
View Our Latest Research Report on SUZ
Suzano Trading Down 1.7%
Shares of Suzano stock traded down $0.16 on Wednesday, hitting $8.99. 2,206,581 shares of the company's stock traded hands, compared to its average volume of 1,444,925. The firm's 50-day moving average price is $9.57 and its two-hundred day moving average price is $9.32. The stock has a market capitalization of $11.90 billion, a PE ratio of 7.96, a price-to-earnings-growth ratio of 0.08 and a beta of 0.81. Suzano has a one year low of $8.41 and a one year high of $10.98. The company has a debt-to-equity ratio of 2.05, a current ratio of 3.16 and a quick ratio of 2.48.
Institutional Trading of Suzano
A number of hedge funds and other institutional investors have recently modified their holdings of SUZ. Cubist Systematic Strategies LLC grew its stake in shares of Suzano by 467.3% during the first quarter. Cubist Systematic Strategies LLC now owns 1,379,355 shares of the company's stock worth $12,814,000 after buying an additional 1,136,226 shares during the last quarter. American Century Companies Inc. boosted its position in Suzano by 36.2% during the second quarter. American Century Companies Inc. now owns 1,591,333 shares of the company's stock valued at $14,974,000 after acquiring an additional 422,897 shares during the last quarter. Kapitalo Investimentos Ltda boosted its position in Suzano by 57.9% during the second quarter. Kapitalo Investimentos Ltda now owns 695,916 shares of the company's stock valued at $6,549,000 after acquiring an additional 255,319 shares during the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in shares of Suzano during the first quarter valued at about $1,673,000. Finally, Deutsche Bank AG raised its holdings in shares of Suzano by 209.7% in the 1st 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 last quarter. Institutional investors own 2.55% of the company's stock.
About Suzano
(
Get Free Report)
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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