Schonfeld Strategic Advisors LLC Has $490,000 Stake in Suzano S.A. (NYSE:SUZ)

Schonfeld Strategic Advisors LLC lowered its holdings in shares of Suzano S.A. (NYSE:SUZ) by 12.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,432 shares of the company’s stock after selling 6,979 shares during the period. Schonfeld Strategic Advisors LLC’s holdings in Suzano were worth $490,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. GAMMA Investing LLC boosted its position in shares of Suzano by 58.2% during the 4th quarter. GAMMA Investing LLC now owns 2,791 shares of the company’s stock valued at $28,000 after acquiring an additional 1,027 shares in the last quarter. Lindbrook Capital LLC boosted its holdings in Suzano by 69.2% during the fourth quarter. Lindbrook Capital LLC now owns 3,004 shares of the company’s stock valued at $30,000 after purchasing an additional 1,229 shares in the last quarter. US Bancorp DE grew its stake in shares of Suzano by 20.3% in the 4th quarter. US Bancorp DE now owns 9,177 shares of the company’s stock valued at $93,000 after purchasing an additional 1,547 shares during the period. Signaturefd LLC raised its holdings in shares of Suzano by 28.9% in the 4th quarter. Signaturefd LLC now owns 7,969 shares of the company’s stock worth $81,000 after buying an additional 1,787 shares in the last quarter. Finally, OLD Mission Capital LLC lifted its position in shares of Suzano by 17.3% during the 4th quarter. OLD Mission Capital LLC now owns 12,488 shares of the company’s stock worth $126,000 after buying an additional 1,843 shares during the period. Institutional investors own 2.55% of the company’s stock.

Analyst Ratings Changes

Separately, UBS Group upgraded Suzano to a “strong-buy” rating in a research report on Thursday, April 10th.

Suzano Trading Down 0.8 %

Shares of SUZ stock opened at $8.91 on Friday. The company has a market capitalization of $11.80 billion, a P/E ratio of 14.14 and a beta of 0.94. Suzano S.A. has a 12-month low of $8.41 and a 12-month high of $10.98. The company has a quick ratio of 1.40, a current ratio of 1.72 and a debt-to-equity ratio of 2.81. The firm has a 50-day moving average price of $9.14 and a 200 day moving average price of $9.89.

Suzano (NYSE:SUZ) last announced its earnings results on Thursday, May 8th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.01). Suzano had a negative return on equity of 17.30% and a negative net margin of 14.93%. The business had revenue of $2.03 billion during the quarter, compared to analyst estimates of $11.82 billion. Research analysts forecast that Suzano S.A. will post 1.93 earnings per share for the current fiscal year.

About Suzano

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.