2 weeks Ago By ABMN Staff
Rhumbline Advisers cut its holdings in shares of Suzano S.A. ( NYSE:SUZ – Free Report ) by 18.
2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,615 shares of the company’s stock after selling 3,696 shares during the period. Rhumbline Advisers’ holdings in Suzano were worth $171,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in SUZ. BNP Paribas Financial Markets boosted its stake in Suzano by 3,283.4% in the 4th quarter.
BNP Paribas Financial Markets now owns 31,330 shares of the company’s stock worth $356,000 after purchasing an additional 30,404 shares in the last quarter. Optiver Holding B.V.
lifted its position in Suzano by 39.2% during the 4th quarter. Optiver Holding B.
V. now owns 220,695 shares of the company’s stock worth $2,507,000 after acquiring an additional 62,172 shares during the period. PNC Financial Services Group Inc.
grew its stake in Suzano by 16.1% during the 4th 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. Ballentine Partners LLC acquired a new position in shares of Suzano in the first quarter valued at about $154,000. Finally, Sumitomo Mitsui Trust Holdings Inc.
purchased a new position in shares of Suzano in the first quarter worth about $183,000. Hedge funds and other institutional investors own 2.55% of the company’s stock.
Suzano Price Performance Shares of NYSE SUZ opened at $10.02 on Monday. The firm has a market cap of $13.
27 billion, a P/E ratio of 7.16 and a beta of 0.99.
Suzano S.A. has a 52 week low of $8.
78 and a 52 week high of $12.98. The business’s 50 day moving average price is $9.
73 and its 200 day moving average price is $10.32. The company has a quick ratio of 2.
03, a current ratio of 2.48 and a debt-to-equity ratio of 2.00.
About Suzano ( 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. Read More 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.
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