Constellation Investimentos e Participacoes Ltda Buys Shares of 184,400 Suzano S.A. (NYSE:SUZ)

Constellation Investimentos e Participacoes Ltda purchased a new position in shares of Suzano S.A. (NYSE:SUZ) in the 3rd quarter, Holdings Channel reports. The fund purchased 184,400 shares of the company’s stock, valued at approximately $1,844,000. Suzano comprises about 1.0% of Constellation Investimentos e Participacoes Ltda’s holdings, making the stock its 7th largest position.

Several other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. grew its stake in shares of Suzano by 16.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,798 shares of the company’s stock worth $100,000 after purchasing an additional 1,222 shares in the last quarter. Caprock Group LLC bought a new stake in Suzano during the second quarter worth approximately $103,000. Ballentine Partners LLC bought a new position in Suzano during the 1st quarter valued at $154,000. Atomi Financial Group Inc. acquired a new position in shares of Suzano during the 3rd quarter valued at $122,000. Finally, Choreo LLC bought a new stake in shares of Suzano in the 2nd quarter worth $128,000. Institutional investors own 2.55% of the company’s stock.

Suzano Trading Down 0.3 %

Shares of Suzano stock opened at $9.72 on Friday. The business has a fifty day simple moving average of $9.83 and a 200-day simple moving average of $10.21. Suzano S.A. has a fifty-two week low of $8.78 and a fifty-two week high of $12.98. The firm has a market cap of $12.87 billion, a price-to-earnings ratio of 194.44 and a beta of 0.98. The company has a quick ratio of 2.03, a current ratio of 2.48 and a debt-to-equity ratio of 2.00.

Suzano (NYSE:SUZ) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.56) earnings per share for the quarter. The business had revenue of $2.21 billion during the quarter. Suzano had a net margin of 1.05% and a return on equity of 0.98%. On average, equities analysts forecast that Suzano S.A. will post 0.63 EPS for the current fiscal year.

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.