Naman Capital Ltda Takes $1.48 Million Position in Cosan S.A. (NYSE:CSAN)

Naman Capital Ltda acquired a new position in Cosan S.A. (NYSE:CSAN) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 271,941 shares of the company’s stock, valued at approximately $1,479,000. Cosan comprises approximately 0.9% of Naman Capital Ltda’s investment portfolio, making the stock its 11th largest holding. Naman Capital Ltda owned about 0.06% of Cosan at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets acquired a new stake in Cosan during the 4th quarter worth about $27,000. Cubist Systematic Strategies LLC bought a new position in shares of Cosan in the fourth quarter worth about $41,000. PNC Financial Services Group Inc. lifted its position in shares of Cosan by 181.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company’s stock worth $53,000 after purchasing an additional 6,311 shares during the last quarter. Invesco Ltd. bought a new stake in Cosan during the 4th quarter valued at approximately $58,000. Finally, PDS Planning Inc bought a new position in Cosan in the 4th quarter worth approximately $58,000.

Cosan Trading Up 5.2%

Shares of CSAN opened at $5.71 on Wednesday. The company has a quick ratio of 1.73, a current ratio of 1.86 and a debt-to-equity ratio of 1.31. The stock’s 50-day moving average price is $5.19 and its 200 day moving average price is $5.79. Cosan S.A. has a 12-month low of $4.31 and a 12-month high of $11.40. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of 4.33, a P/E/G ratio of 3.94 and a beta of 1.13.

About Cosan

Cosan SA engages in the fuel distribution business. It operates through Raízen, Compass, Moove, Rumo, and Radar segments. The company’s Raízen segment engages in the production, commercialization, origination, and trading of ethanol, bioenergy, renewable sources, and sugar; trading and resale of electricity; and distribution and commercialization of fuels and lubricants.