Suzano S.A. Sponsored ADR (NYSE:SUZ) Shares Acquired by XTX Topco Ltd

XTX Topco Ltd increased its holdings in Suzano S.A. Sponsored ADR (NYSE:SUZ) by 134.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 30,264 shares of the company’s stock after buying an additional 17,381 shares during the period. XTX Topco Ltd’s holdings in Suzano were worth $281,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Financial Management Professionals Inc. acquired a new position in Suzano during the 1st quarter valued at about $28,000. GAMMA Investing LLC boosted its stake in Suzano by 311.8% during the 1st quarter. GAMMA Investing LLC now owns 11,492 shares of the company’s stock valued at $107,000 after purchasing an additional 8,701 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Suzano by 10.6% in the 4th quarter. Ameriprise Financial Inc. now owns 12,090 shares of the company’s stock worth $126,000 after acquiring an additional 1,155 shares during the period. Bridgefront Capital LLC acquired a new stake in shares of Suzano in the 4th quarter worth approximately $129,000. Finally, Mariner LLC lifted its stake in shares of Suzano by 29.1% in the 4th quarter. Mariner LLC now owns 13,326 shares of the company’s stock worth $135,000 after acquiring an additional 3,006 shares during the period. 2.55% of the stock is owned by institutional investors and hedge funds.

Suzano Stock Down 1.6%

NYSE SUZ opened at $9.95 on Tuesday. The company has a debt-to-equity ratio of 2.05, a current ratio of 3.16 and a quick ratio of 2.48. The company’s 50 day simple moving average is $9.38 and its 200 day simple moving average is $9.44. Suzano S.A. Sponsored ADR has a 12 month low of $8.41 and a 12 month high of $10.98. The company has a market capitalization of $13.17 billion, a P/E ratio of 8.80, a PEG ratio of 0.10 and a beta of 0.89.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on SUZ. Wall Street Zen lowered shares of Suzano from a “buy” rating to a “hold” rating in a research note on Tuesday, July 29th. The Goldman Sachs Group raised shares of Suzano from a “neutral” rating to a “buy” rating in a research note on Friday, June 13th.

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.