BNP Paribas Financial Markets Decreases Holdings in Suzano S.A. (NYSE:SUZ)

BNP Paribas Financial Markets decreased its holdings in Suzano S.A. (NYSE:SUZ) by 11.8% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,792 shares of the company’s stock after selling 3,440 shares during the period. BNP Paribas Financial Markets’ holdings in Suzano were worth $258,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Waldron Private Wealth LLC bought a new stake in shares of Suzano in the 3rd quarter valued at about $25,000. Caprock Group LLC bought a new stake in Suzano in the second quarter valued at approximately $103,000. Atomi Financial Group Inc. bought a new stake in Suzano in the third quarter valued at approximately $122,000. Choreo LLC purchased a new stake in shares of Suzano during the second quarter valued at approximately $128,000. Finally, Frank Rimerman Advisors LLC bought a new position in shares of Suzano in the second quarter worth approximately $274,000. Hedge funds and other institutional investors own 2.55% of the company’s stock.

Suzano Stock Up 0.2 %

Shares of NYSE SUZ opened at $10.33 on Tuesday. The company has a market cap of $13.68 billion, a price-to-earnings ratio of 16.40 and a beta of 0.95. The company has a quick ratio of 1.70, a current ratio of 2.17 and a debt-to-equity ratio of 1.92. The firm’s fifty day moving average is $10.28 and its 200 day moving average is $9.88. Suzano S.A. has a 52 week low of $8.78 and a 52 week high of $12.98.

Suzano Cuts Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, January 17th. Stockholders of record on Wednesday, December 18th will be paid a dividend of $0.3366 per share. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend is Wednesday, December 18th.

Suzano Profile

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.