Suzano S.A. Sponsored ADR $SUZ Holdings Raised by Compass Rose Asset Management LP

Compass Rose Asset Management LP raised its stake in shares of Suzano S.A. Sponsored ADR (NYSE:SUZ) by 51.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,600,000 shares of the company’s stock after buying an additional 545,000 shares during the period. Suzano makes up 1.2% of Compass Rose Asset Management LP’s portfolio, making the stock its 13th biggest position. Compass Rose Asset Management LP’s holdings in Suzano were worth $14,944,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SUZ. Goldman Sachs Group Inc. grew its stake in shares of Suzano by 30.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 4,474,671 shares of the company’s stock worth $41,793,000 after purchasing an additional 1,037,976 shares during the last quarter. Ramirez Asset Management Inc. acquired a new position in shares of Suzano in the 3rd quarter worth approximately $6,413,000. Kapitalo Investimentos Ltda grew its stake in shares of Suzano by 249.4% in the 4th quarter. Kapitalo Investimentos Ltda now owns 784,450 shares of the company’s stock worth $7,327,000 after purchasing an additional 559,952 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Suzano in the 4th quarter worth approximately $4,944,000. Finally, Principal Financial Group Inc. grew its stake in shares of Suzano by 274.1% in the 3rd quarter. Principal Financial Group Inc. now owns 371,468 shares of the company’s stock worth $3,492,000 after purchasing an additional 272,168 shares during the last quarter. 2.55% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on SUZ. Zacks Research cut shares of Suzano from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th. Bank of America cut shares of Suzano from a “buy” rating to a “neutral” rating and set a $11.00 price objective on the stock. in a research note on Tuesday, April 7th. Weiss Ratings cut shares of Suzano from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 22nd. Finally, Jefferies Financial Group began coverage on shares of Suzano in a research note on Thursday, February 5th. They issued a “buy” rating and a $13.40 price objective on the stock. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $12.20.

Suzano Stock Performance

Shares of SUZ opened at $8.04 on Friday. Suzano S.A. Sponsored ADR has a one year low of $8.00 and a one year high of $11.53. The company has a 50-day moving average of $8.99 and a two-hundred day moving average of $9.50. The stock has a market cap of $9.96 billion, a price-to-earnings ratio of 4.78, a PEG ratio of 0.18 and a beta of 0.55. The company has a debt-to-equity ratio of 1.81, a current ratio of 3.51 and a quick ratio of 2.80.

Suzano Company Profile

Suzano SA is a Brazil-based pulp and paper company recognized as one of the world’s leading producers of eucalyptus pulp. The company develops and supplies a wide range of fiber-based products that serve global demand in printing and writing papers, tissue paper, packaging, and specialty paper markets. With an extensive network of industrial units and logistics operations, Suzano manages every stage of production from forest plantations to final delivery, emphasizing integrated operations and quality control.

At the core of Suzano’s business is its sustainable forestry model, which covers more than one million hectares of managed eucalyptus plantations across Brazil.