Suzano S.A. Sponsored ADR $SUZ Shares Purchased by Deutsche Bank AG

Deutsche Bank AG boosted its holdings in Suzano S.A. Sponsored ADR (NYSE:SUZ) by 209.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 210,873 shares of the company’s stock after acquiring an additional 142,781 shares during the quarter. Deutsche Bank AG’s holdings in Suzano were worth $1,959,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in SUZ. Financial Management Professionals Inc. acquired a new stake in Suzano in the 1st quarter valued at approximately $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 in the last quarter. Ameriprise Financial Inc. boosted its stake in Suzano by 10.6% during the 4th quarter. Ameriprise Financial Inc. now owns 12,090 shares of the company’s stock valued at $126,000 after purchasing an additional 1,155 shares in the last quarter. Bridgefront Capital LLC bought a new position in Suzano during the 4th quarter valued at $129,000. Finally, Mariner LLC boosted its stake in Suzano by 29.1% during the 4th quarter. Mariner LLC now owns 13,326 shares of the company’s stock valued at $135,000 after purchasing an additional 3,006 shares in the last quarter. 2.55% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SUZ has been the subject of a number of research reports. The Goldman Sachs Group raised Suzano from a “neutral” rating to a “buy” rating in a research note on Friday, June 13th. Zacks Research raised Suzano to a “strong-buy” rating in a research note on Friday, August 8th. Finally, Wall Street Zen lowered Suzano from a “buy” rating to a “hold” rating in a research note on Tuesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Suzano Stock Performance

SUZ opened at $9.5850 on Friday. The firm has a market cap of $12.69 billion, a PE ratio of 8.48, a P/E/G ratio of 0.09 and a beta of 0.89. The business has a fifty day simple moving average of $9.45 and a 200-day simple moving average of $9.41. The company has a quick ratio of 2.48, a current ratio of 3.16 and a debt-to-equity ratio of 2.05. Suzano S.A. Sponsored ADR has a fifty-two week low of $8.41 and a fifty-two week high of $10.98.

Suzano Company 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.