Invesco Ltd. acquired a new position in shares of Cosan S.A. (NYSE:CSAN – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,674 shares of the company’s stock, valued at approximately $58,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in Cosan in the 4th quarter worth approximately $510,000. Caprock Group LLC bought a new stake in shares of Cosan in the 4th quarter worth approximately $61,000. PNC Financial Services Group Inc. boosted its stake in shares of Cosan by 181.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company’s stock valued at $53,000 after purchasing an additional 6,311 shares in the last quarter. Trexquant Investment LP grew its holdings in shares of Cosan by 1,909.9% during the 4th quarter. Trexquant Investment LP now owns 215,801 shares of the company’s stock valued at $1,174,000 after purchasing an additional 205,064 shares during the last quarter. Finally, Quantbot Technologies LP raised its position in Cosan by 33.3% in the 4th quarter. Quantbot Technologies LP now owns 13,495 shares of the company’s stock worth $73,000 after purchasing an additional 3,373 shares during the period.
Cosan Stock Performance
NYSE CSAN opened at $5.39 on Tuesday. The company has a 50-day simple moving average of $5.11 and a two-hundred day simple moving average of $5.88. Cosan S.A. has a 12-month low of $4.31 and a 12-month high of $11.60. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 4.08, a PEG ratio of 3.94 and a beta of 1.13. The company has a quick ratio of 1.73, a current ratio of 1.86 and a debt-to-equity ratio of 1.31.
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.
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