Cosan Limited (NYSE:CZZ) has earned a consensus rating of “Hold” from the six analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company.

Several equities research analysts recently issued reports on the company. BidaskClub upgraded Cosan Limited from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Morgan Stanley cut Cosan Limited from an “overweight” rating to an “equal weight” rating in a report on Friday, October 6th. Credit Suisse Group upgraded Cosan Limited from a “neutral” rating to an “outperform” rating in a report on Monday. ValuEngine cut Cosan Limited from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, Zacks Investment Research cut Cosan Limited from a “hold” rating to a “strong sell” rating in a report on Thursday.

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Shares of Cosan Limited (NYSE:CZZ) traded down 3.296% during trading on Thursday, reaching $8.655. The company had a trading volume of 250,224 shares. The company has a market capitalization of $2.29 billion, a PE ratio of 79.404 and a beta of 2.27. Cosan Limited has a 52 week low of $5.63 and a 52 week high of $9.50. The stock’s 50-day moving average price is $8.26 and its 200-day moving average price is $7.55.

A number of hedge funds have recently bought and sold shares of the stock. State Street Corp boosted its holdings in Cosan Limited by 1.3% in the 2nd quarter. State Street Corp now owns 100,609 shares of the basic materials company’s stock worth $645,000 after buying an additional 1,300 shares during the last quarter. Prudential PLC boosted its holdings in shares of Cosan Limited by 18.4% during the 2nd quarter. Prudential PLC now owns 7,445,135 shares of the basic materials company’s stock worth $47,723,000 after purchasing an additional 1,155,649 shares during the last quarter. Third Avenue Management LLC boosted its holdings in shares of Cosan Limited by 10.2% during the 2nd quarter. Third Avenue Management LLC now owns 563,000 shares of the basic materials company’s stock worth $3,609,000 after purchasing an additional 52,000 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Cosan Limited by 23.6% during the 2nd quarter. Renaissance Technologies LLC now owns 10,185,699 shares of the basic materials company’s stock worth $65,290,000 after purchasing an additional 1,947,500 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of Cosan Limited by 7.0% during the 2nd quarter. Nordea Investment Management AB now owns 2,683,260 shares of the basic materials company’s stock worth $17,200,000 after purchasing an additional 175,882 shares during the last quarter. Institutional investors own 43.22% of the company’s stock.

About Cosan Limited

Cosan Limited (Cosan) is a holding company. The Company’s segments include Raizen Energia, Raizen Combustiveis, COMGAS, Cosan Logistica, Lubricants and Other business. The Company’s other business include other investments, in addition to the corporate activities. The Company offers Logistics services, including transportation, port loading and storage of sugar, leasing or lending of locomotives, wagons and other railway equipment, through its subsidiaries Rumo Logistica Operadora Multimodal SA (Rumo), logistic segment (Logistic).

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