Signaturefd LLC Has $86,000 Stock Position in Cosan S.A. Sponsored ADR $CSAN

Signaturefd LLC cut its position in shares of Cosan S.A. Sponsored ADR (NYSE:CSAN) by 40.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,012 shares of the company’s stock after selling 11,616 shares during the quarter. Signaturefd LLC’s holdings in Cosan were worth $86,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Martin Currie Ltd. boosted its position in shares of Cosan by 20.1% in the first quarter. Martin Currie Ltd. now owns 1,439,121 shares of the company’s stock worth $7,512,000 after buying an additional 240,613 shares during the period. Cubist Systematic Strategies LLC boosted its position in Cosan by 3,995.3% during the 1st quarter. Cubist Systematic Strategies LLC now owns 306,859 shares of the company’s stock worth $1,602,000 after acquiring an additional 299,366 shares during the period. Royal Bank of Canada grew its stake in Cosan by 113,135.4% during the 1st quarter. Royal Bank of Canada now owns 198,162 shares of the company’s stock valued at $1,034,000 after acquiring an additional 197,987 shares in the last quarter. Kapitalo Investimentos Ltda acquired a new position in shares of Cosan in the 2nd quarter valued at about $556,000. Finally, Jane Street Group LLC boosted its holdings in shares of Cosan by 11.1% during the first quarter. Jane Street Group LLC now owns 92,126 shares of the company’s stock worth $481,000 after purchasing an additional 9,181 shares during the period.

Cosan Trading Up 3.3%

Shares of CSAN stock opened at $4.54 on Friday. Cosan S.A. Sponsored ADR has a 12 month low of $3.80 and a 12 month high of $9.76. The company has a market cap of $2.12 billion, a PE ratio of 3.44, a price-to-earnings-growth ratio of 0.31 and a beta of 1.01. The company has a quick ratio of 1.98, a current ratio of 2.13 and a debt-to-equity ratio of 1.88. The business’s 50 day moving average is $4.60 and its two-hundred day moving average is $5.01.

Cosan (NYSE:CSAN) last posted its quarterly earnings data on Thursday, August 14th. The company reported ($0.36) EPS for the quarter. Cosan had a negative return on equity of 27.61% and a negative net margin of 28.08%.The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $7.12 billion. Equities analysts predict that Cosan S.A. Sponsored ADR will post 0.2 EPS for the current year.

Wall Street Analyst Weigh In

CSAN has been the topic of several research reports. Hsbc Global Res upgraded shares of Cosan to a “moderate sell” rating in a research note on Monday, September 22nd. The Goldman Sachs Group decreased their target price on shares of Cosan from $6.60 to $5.00 and set a “neutral” rating for the company in a research note on Wednesday, August 27th. Wall Street Zen raised shares of Cosan from a “sell” rating to a “hold” rating in a research note on Friday, August 22nd. Zacks Research lowered Cosan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. Finally, HSBC restated a “reduce” rating and issued a $4.40 target price on shares of Cosan in a research note on Monday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cosan presently has a consensus rating of “Hold” and a consensus price target of $9.47.

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.