Suzano S.A. Sponsored ADR $SUZ Shares Bought by Seafarer Capital Partners LLC

Seafarer Capital Partners LLC grew its stake in Suzano S.A. Sponsored ADR (NYSE:SUZ) by 37.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 365,000 shares of the company’s stock after purchasing an additional 100,000 shares during the period. Suzano comprises approximately 0.8% of Seafarer Capital Partners LLC’s investment portfolio, making the stock its 7th largest holding. Seafarer Capital Partners LLC’s holdings in Suzano were worth $3,654,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SUZ. JPMorgan Chase & Co. lifted its stake in shares of Suzano by 80.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 443,593 shares of the company’s stock valued at $4,170,000 after purchasing an additional 197,898 shares during the period. Aberdeen Group plc acquired a new stake in Suzano during the fourth quarter valued at $1,056,000. Kapitalo Investimentos Ltda grew its position in Suzano by 249.4% during the fourth quarter. Kapitalo Investimentos Ltda now owns 784,450 shares of the company’s stock valued at $7,327,000 after buying an additional 559,952 shares during the period. SG Americas Securities LLC purchased a new position in Suzano in the fourth quarter valued at $4,944,000. Finally, Compass Rose Asset Management LP increased its holdings in Suzano by 51.7% in the fourth quarter. Compass Rose Asset Management LP now owns 1,600,000 shares of the company’s stock valued at $14,944,000 after buying an additional 545,000 shares in the last quarter. Institutional investors and hedge funds own 2.55% of the company’s stock.

Suzano Price Performance

Suzano stock opened at $8.18 on Thursday. The stock has a market capitalization of $10.14 billion, a P/E ratio of 4.87, a P/E/G ratio of 0.12 and a beta of 0.56. The company’s fifty day moving average price is $8.20 and its 200 day moving average price is $9.29. The company has a debt-to-equity ratio of 1.81, a quick ratio of 2.80 and a current ratio of 3.51. Suzano S.A. Sponsored ADR has a 1 year low of $7.55 and a 1 year high of $11.53.

Wall Street Analyst Weigh In

SUZ has been the topic of several recent analyst reports. Zacks Research raised shares of Suzano from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Weiss Ratings lowered Suzano from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Finally, Bank of America cut Suzano from a “buy” rating to a “neutral” rating and set a $11.00 price target for the company. in a report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $12.20.

Suzano 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.