Signaturefd LLC Grows Stock Holdings in Cosan S.A. (NYSE:CSAN)

Signaturefd LLC grew its stake in Cosan S.A. (NYSE:CSAN) by 329.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,741 shares of the company’s stock after purchasing an additional 31,250 shares during the period. Signaturefd LLC’s holdings in Cosan were worth $222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Sequoia Financial Advisors LLC purchased a new stake in Cosan in the 4th quarter valued at $125,000. PNC Financial Services Group Inc. grew its holdings in shares of Cosan by 181.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company’s stock valued at $53,000 after purchasing an additional 6,311 shares during the period. Sanctuary Advisors LLC acquired a new stake in Cosan during the fourth quarter worth about $510,000. Savant Capital LLC purchased a new position in Cosan during the fourth quarter worth about $63,000. Finally, Caprock Group LLC acquired a new position in Cosan in the 4th quarter valued at about $61,000.

Analysts Set New Price Targets

Separately, Citigroup restated a “buy” rating and set a $19.00 price target on shares of Cosan in a report on Monday, December 23rd.

Cosan Stock Performance

Shares of Cosan stock opened at $5.50 on Friday. The firm has a market cap of $2.57 billion, a PE ratio of 4.16, a price-to-earnings-growth ratio of 3.94 and a beta of 1.33. The company has a quick ratio of 1.73, a current ratio of 1.86 and a debt-to-equity ratio of 1.31. Cosan S.A. has a 52 week low of $4.54 and a 52 week high of $13.26. The business’s fifty day simple moving average is $5.23 and its 200-day simple moving average is $6.84.

About Cosan

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.