23,092 Shares in Cosan S.A. (NYSE:CSAN) Purchased by Ameriprise Financial Inc.

Ameriprise Financial Inc. purchased a new stake in Cosan S.A. (NYSE:CSAN) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 23,092 shares of the company’s stock, valued at approximately $126,000.

A number of other large investors also recently bought and sold shares of CSAN. Itau Unibanco Holding S.A. lifted its holdings in Cosan by 28.3% in the fourth quarter. Itau Unibanco Holding S.A. now owns 1,452,659 shares of the company’s stock valued at $7,670,000 after acquiring an additional 320,000 shares during the period. Moon Capital Management LP lifted its holdings in Cosan by 32.5% in the fourth quarter. Moon Capital Management LP now owns 1,217,023 shares of the company’s stock valued at $6,621,000 after acquiring an additional 298,593 shares during the period. Walleye Capital LLC acquired a new position in Cosan in the fourth quarter valued at approximately $1,408,000. Trexquant Investment LP lifted its holdings in Cosan by 1,909.9% in the fourth quarter. Trexquant Investment LP now owns 215,801 shares of the company’s stock valued at $1,174,000 after acquiring an additional 205,064 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Cosan in the fourth quarter valued at approximately $510,000.

Cosan Stock Up 1.0%

Cosan stock opened at $5.82 on Friday. The stock has a market capitalization of $2.72 billion, a PE ratio of 4.41, a price-to-earnings-growth ratio of 3.94 and a beta of 1.15. Cosan S.A. has a 12 month low of $4.31 and a 12 month high of $10.64. The business has a 50 day simple moving average of $5.33 and a 200-day simple moving average of $5.49. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.86 and a quick ratio of 1.73.

Cosan (NYSE:CSAN) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.65) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.64). The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $7.17 billion. On average, analysts anticipate that Cosan S.A. will post 0.2 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut Cosan from a “hold” rating to a “sell” rating in a research report on Saturday, May 24th.

Cosan 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.