Suzano S.A. (NYSE:SUZ) Stock Holdings Cut by Kapitalo Investimentos Ltda

Kapitalo Investimentos Ltda lessened its stake in Suzano S.A. (NYSE:SUZ - Free Report) by 90.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 333,534 shares of the company's stock after selling 3,205,190 shares during the period. Suzano comprises about 2.3% of Kapitalo Investimentos Ltda's portfolio, making the stock its 8th biggest position. Kapitalo Investimentos Ltda's holdings in Suzano were worth $3,375,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in SUZ. GAMMA Investing LLC boosted its holdings in shares of 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 buying an additional 1,027 shares in the last quarter. Lindbrook Capital LLC boosted its position in shares of Suzano by 69.2% during the 4th quarter. Lindbrook Capital LLC now owns 3,004 shares of the company's stock worth $30,000 after purchasing an additional 1,229 shares in the last quarter. US Bancorp DE grew its stake in shares of Suzano by 20.3% in the 4th quarter. US Bancorp DE now owns 9,177 shares of the company's stock valued at $93,000 after buying an additional 1,547 shares during the period. Signaturefd LLC raised its stake in Suzano by 28.9% during the 4th quarter. Signaturefd LLC now owns 7,969 shares of the company's stock worth $81,000 after buying an additional 1,787 shares during the period. Finally, OLD Mission Capital LLC raised its stake in Suzano by 17.3% during the 4th quarter. OLD Mission Capital LLC now owns 12,488 shares of the company's stock worth $126,000 after buying an additional 1,843 shares during the period. Institutional investors own 2.55% of the company's stock.

Suzano Stock Down 1.4 %

Shares of NYSE SUZ traded down $0.13 during mid-day trading on Monday, reaching $8.85. 972,135 shares of the company's stock traded hands, compared to its average volume of 2,006,372. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.72 and a quick ratio of 1.40. The business has a 50-day simple moving average of $9.21 and a 200 day simple moving average of $9.93. The stock has a market cap of $11.71 billion, a P/E ratio of 14.04 and a beta of 0.94. Suzano S.A. has a 1-year low of $8.41 and a 1-year high of $11.93.

Analyst Upgrades and Downgrades

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

Suzano Company 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.