XTX Topco Ltd Decreases Position in Suzano S.A. (NYSE:SUZ)

XTX Topco Ltd cut its holdings in Suzano S.A. (NYSE:SUZ - Free Report) by 84.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 12,883 shares of the company's stock after selling 70,930 shares during the period. XTX Topco Ltd's holdings in Suzano were worth $130,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. GAMMA Investing LLC increased its position in Suzano by 58.2% during the fourth quarter. GAMMA Investing LLC now owns 2,791 shares of the company's stock worth $28,000 after purchasing an additional 1,027 shares during the last quarter. Lindbrook Capital LLC grew its stake in shares of 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 buying an additional 1,229 shares during the period. US Bancorp DE increased its holdings in shares of Suzano by 20.3% during 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 during the last quarter. Signaturefd LLC raised its position in shares of Suzano by 28.9% in 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 boosted its holdings in Suzano by 17.3% in the fourth quarter. OLD Mission Capital LLC now owns 12,488 shares of the company's stock valued at $126,000 after acquiring an additional 1,843 shares during the last quarter. Hedge funds and other institutional investors own 2.55% of the company's stock.

Suzano Trading Down 0.3 %

NYSE SUZ traded down $0.03 during mid-day trading on Monday, hitting $8.95. The company's stock had a trading volume of 231,954 shares, compared to its average volume of 2,003,307. 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 S.A. has a 52-week low of $8.41 and a 52-week high of $11.93. The stock's fifty day simple moving average is $9.21 and its two-hundred day simple moving average is $9.93. The firm has a market capitalization of $11.84 billion, a P/E ratio of 14.20 and a beta of 0.94.

Analyst Upgrades and Downgrades

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

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.