Fisher Asset Management LLC lessened its stake in shares of Suzano S.A. (NYSE:SUZ - Free Report) by 25.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 92,351 shares of the company's stock after selling 32,170 shares during the period. Fisher Asset Management LLC's holdings in Suzano were worth $935,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in Suzano by 58.2% during the 4th quarter. GAMMA Investing LLC now owns 2,791 shares of the company's stock worth $28,000 after acquiring an additional 1,027 shares during the period. Blue Trust Inc. increased its stake in shares of Suzano by 228.5% in the 4th quarter. Blue Trust Inc. now owns 6,712 shares of the company's stock valued at $67,000 after purchasing an additional 4,669 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Suzano in the 3rd quarter valued at $107,000. Ballentine Partners LLC bought a new position in shares of Suzano in the 4th quarter valued at $109,000. Finally, Caprock Group LLC increased its stake in shares of Suzano by 11.1% in the 3rd quarter. Caprock Group LLC now owns 11,178 shares of the company's stock valued at $112,000 after purchasing an additional 1,119 shares during the last quarter. Institutional investors own 2.55% of the company's stock.
Suzano Price Performance
Shares of SUZ traded up $0.01 during midday trading on Friday, hitting $9.59. The company's stock had a trading volume of 1,250,448 shares, compared to its average volume of 1,912,385. Suzano S.A. has a one year low of $8.78 and a one year high of $12.98. The company's fifty day simple moving average is $10.20 and its two-hundred day simple moving average is $10.14. The company has a quick ratio of 1.40, a current ratio of 1.72 and a debt-to-equity ratio of 2.81. The stock has a market capitalization of $12.69 billion, a price-to-earnings ratio of 15.21 and a beta of 0.96.
Suzano Profile
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Free Report)
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.
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