Sanctuary Advisors LLC Invests $510,000 in Cosan S.A. (NYSE:CSAN)

Sanctuary Advisors LLC acquired a new stake in Cosan S.A. (NYSE:CSAN) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 91,518 shares of the company’s stock, valued at approximately $510,000.

Several other institutional investors have also added to or reduced their stakes in CSAN. Itau Unibanco Holding S.A. raised its stake in Cosan by 142,193.8% during the third quarter. Itau Unibanco Holding S.A. now owns 1,132,659 shares of the company’s stock worth $10,828,000 after acquiring an additional 1,131,863 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Cosan during the 3rd quarter worth approximately $808,000. SPX Gestao de Recursos Ltda lifted its stake in Cosan by 113.2% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 65,543 shares of the company’s stock valued at $627,000 after purchasing an additional 34,798 shares during the last quarter. Creative Planning boosted its position in Cosan by 4.8% in the third quarter. Creative Planning now owns 57,692 shares of the company’s stock valued at $552,000 after buying an additional 2,621 shares in the last quarter. Finally, Centiva Capital LP bought a new stake in shares of Cosan during the third quarter worth $286,000.

Cosan Stock Performance

NYSE:CSAN opened at $4.82 on Friday. The stock’s 50-day moving average is $5.33 and its 200-day moving average is $7.32. Cosan S.A. has a 1-year low of $4.77 and a 1-year high of $13.82. The company has a current ratio of 1.86, a quick ratio of 1.73 and a debt-to-equity ratio of 1.31. The stock has a market cap of $2.25 billion, a P/E ratio of 3.65, a price-to-earnings-growth ratio of 3.94 and a beta of 1.34.

Wall Street Analysts Forecast Growth

Separately, Citigroup reiterated a “buy” rating and issued a $19.00 price target on shares of Cosan in a research note on Monday, December 23rd.

Cosan Company Profile

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.