O Shaughnessy Asset Management LLC increased its position in Suzano S.A. (NYSE:SUZ – Free Report) by 6.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,383 shares of the company’s stock after buying an additional 4,495 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Suzano were worth $702,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC increased its stake in Suzano by 58.2% in the 4th quarter. GAMMA Investing LLC now owns 2,791 shares of the company’s stock worth $28,000 after acquiring an additional 1,027 shares during the last quarter. Lindbrook Capital LLC grew its holdings in shares of Suzano by 69.2% in the fourth quarter. Lindbrook Capital LLC now owns 3,004 shares of the company’s stock valued at $30,000 after purchasing an additional 1,229 shares in the last quarter. Blue Trust Inc. increased its position in Suzano by 222.7% in the fourth quarter. Blue Trust Inc. now owns 6,592 shares of the company’s stock worth $67,000 after purchasing an additional 4,549 shares during the last quarter. Signaturefd LLC raised its stake in Suzano by 28.9% during the fourth quarter. Signaturefd LLC now owns 7,969 shares of the company’s stock valued at $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% during the fourth quarter. US Bancorp DE now owns 9,177 shares of the company’s stock valued at $93,000 after purchasing an additional 1,547 shares during the last quarter. 2.55% of the stock is currently owned by hedge funds and other institutional investors.
Suzano Stock Performance
Shares of NYSE:SUZ opened at $8.50 on Wednesday. The firm has a fifty day simple moving average of $9.73 and a two-hundred day simple moving average of $10.05. Suzano S.A. has a 52 week low of $8.41 and a 52 week high of $12.54. 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 $11.25 billion, a P/E ratio of 13.48 and a beta of 0.88.
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.
Further Reading
- Five stocks we like better than Suzano
- Stock Dividend Cuts Happen Are You Ready?
- Tariff-Proof Stocks: 3 Big Bargains With Huge Upside Potential
- Breakout Stocks: What They Are and How to Identify Them
- Qualcomm Breaks Down But RSI Signals It’s Severely Oversold
- Investing In Preferred Stock vs. Common Stock
- Tesla’s #1 Bull Cuts Target But Says It’s Still a Buy
Want to see what other hedge funds are holding SUZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Suzano S.A. (NYSE:SUZ – Free Report).
Receive News & Ratings for Suzano Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suzano and related companies with MarketBeat.com's FREE daily email newsletter.