Moon Capital Management LP grew its stake in shares of Cosan S.A. (NYSE:CSAN - Free Report) by 32.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,217,023 shares of the company's stock after purchasing an additional 298,593 shares during the quarter. Cosan accounts for 5.0% of Moon Capital Management LP's investment portfolio, making the stock its 3rd biggest position. Moon Capital Management LP owned 0.26% of Cosan worth $6,621,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. PNC Financial Services Group Inc. grew its position in shares of Cosan by 181.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company's stock worth $53,000 after buying an additional 6,311 shares in the last quarter. PDS Planning Inc acquired a new position in Cosan in the fourth quarter worth $58,000. Invesco Ltd. acquired a new position in Cosan in the fourth quarter worth $58,000. Caprock Group LLC acquired a new position in Cosan in the fourth quarter worth $61,000. Finally, Savant Capital LLC acquired a new position in Cosan in the fourth quarter worth $63,000.
Cosan Stock Performance
Cosan stock traded up $0.05 during mid-day trading on Monday, reaching $5.46. The company's stock had a trading volume of 1,137,106 shares, compared to its average volume of 791,176. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 4.14, a PEG ratio of 3.94 and a beta of 1.11. The business has a 50 day moving average price of $5.07 and a 200-day moving average price of $5.99. The company has a current ratio of 1.86, a quick ratio of 1.73 and a debt-to-equity ratio of 1.31. Cosan S.A. has a twelve month low of $4.31 and a twelve month high of $11.75.
About Cosan
(
Free Report)
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.
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