SPX Gestao de Recursos Ltda Has $1.64 Million Position in Suzano S.A. (NYSE:SUZ)

SPX Gestao de Recursos Ltda raised its holdings in Suzano S.A. (NYSE:SUZ) by 17.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 162,031 shares of the company’s stock after buying an additional 23,716 shares during the period. SPX Gestao de Recursos Ltda’s holdings in Suzano were worth $1,640,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Lindbrook Capital LLC increased its stake in Suzano by 69.2% in the 4th quarter. Lindbrook Capital LLC now owns 3,004 shares of the company’s stock valued at $30,000 after buying an additional 1,229 shares during the last quarter. Metis Global Partners LLC increased its stake in Suzano by 12.1% in the 4th quarter. Metis Global Partners LLC now owns 173,098 shares of the company’s stock valued at $1,752,000 after buying an additional 18,719 shares during the last quarter. US Bancorp DE increased its stake in Suzano by 20.3% in the 4th quarter. US Bancorp DE now owns 9,177 shares of the company’s stock valued at $93,000 after buying an additional 1,547 shares during the last quarter. Waterfront Wealth Inc. increased its stake in Suzano by 1.0% in the 4th quarter. Waterfront Wealth Inc. now owns 294,629 shares of the company’s stock valued at $2,982,000 after buying an additional 3,033 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in Suzano by 222.7% in the 4th quarter. Blue Trust Inc. now owns 6,592 shares of the company’s stock valued at $67,000 after buying an additional 4,549 shares during the last quarter. 2.55% of the stock is currently owned by institutional investors and hedge funds.

Suzano Stock Down 0.9 %

Shares of SUZ stock opened at $9.50 on Tuesday. The company has a current ratio of 1.72, a quick ratio of 1.40 and a debt-to-equity ratio of 2.81. Suzano S.A. has a 1 year low of $8.78 and a 1 year high of $12.98. The firm’s fifty day moving average price is $10.18 and its two-hundred day moving average price is $10.13. The firm has a market capitalization of $12.58 billion, a P/E ratio of 15.09 and a beta of 0.96.

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.