Vanguard Personalized Indexing Management LLC Has $71,000 Stake in Cosan S.A. Sponsored ADR $CSAN

Vanguard Personalized Indexing Management LLC lessened its position in Cosan S.A. Sponsored ADR (NYSE:CSAN) by 32.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 14,093 shares of the company’s stock after selling 6,819 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Cosan were worth $71,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of CSAN. FORA Capital LLC acquired a new position in shares of Cosan during the first quarter valued at about $58,000. Ballentine Partners LLC acquired a new position in Cosan during the 2nd quarter valued at about $64,000. Cerity Partners LLC bought a new stake in Cosan during the 1st quarter worth approximately $69,000. West Family Investments Inc. purchased a new stake in shares of Cosan in the first quarter worth approximately $119,000. Finally, Aigen Investment Management LP bought a new position in shares of Cosan in the first quarter valued at approximately $127,000.

Wall Street Analyst Weigh In

CSAN has been the topic of a number of recent analyst reports. Zacks Research lowered Cosan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. The Goldman Sachs Group dropped their target price on shares of Cosan from $6.60 to $5.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 27th. Weiss Ratings restated a “sell (d)” rating on shares of Cosan in a research note on Friday. Wall Street Zen upgraded Cosan from a “sell” rating to a “hold” rating in a research note on Friday, August 22nd. Finally, Hsbc Global Res raised Cosan to a “moderate sell” rating in a research report on Monday, September 22nd. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $9.47.

Cosan Price Performance

CSAN opened at $4.42 on Monday. The company has a debt-to-equity ratio of 1.88, a current ratio of 2.13 and a quick ratio of 1.98. The stock’s 50 day simple moving average is $4.65 and its 200 day simple moving average is $4.93. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of -4.85 and a beta of 1.01. Cosan S.A. Sponsored ADR has a 1 year low of $3.80 and a 1 year high of $8.64.

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

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.