Martin Currie Ltd. trimmed its position in Cosan S.A. (NYSE:CSAN - Free Report) by 17.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,198,508 shares of the company's stock after selling 245,283 shares during the quarter. Martin Currie Ltd. owned approximately 0.26% of Cosan worth $6,520,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Itau Unibanco Holding S.A. grew its position in Cosan by 142,193.8% during the 3rd quarter. Itau Unibanco Holding S.A. now owns 1,132,659 shares of the company's stock worth $10,828,000 after purchasing an additional 1,131,863 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Cosan during the fourth quarter valued at $510,000. SPX Gestao de Recursos Ltda boosted its position in Cosan by 113.2% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 65,543 shares of the company's stock worth $627,000 after acquiring an additional 34,798 shares during the period. Signaturefd LLC grew its stake in Cosan by 329.3% during the 4th quarter. Signaturefd LLC now owns 40,741 shares of the company's stock valued at $222,000 after acquiring an additional 31,250 shares in the last quarter. Finally, Centiva Capital LP acquired a new position in shares of Cosan in the 3rd quarter valued at about $286,000.
Analyst Upgrades and Downgrades
Separately, Citigroup restated a "buy" rating and set a $19.00 price target on shares of Cosan in a report on Monday, December 23rd.
Read Our Latest Research Report on CSAN
Cosan Stock Up 3.4 %
Shares of NYSE:CSAN traded up $0.18 during midday trading on Thursday, hitting $5.50. 902,995 shares of the stock were exchanged, compared to its average volume of 720,967. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.73 and a current ratio of 1.86. The company has a market capitalization of $2.57 billion, a PE ratio of 4.17, a P/E/G ratio of 3.94 and a beta of 1.33. Cosan S.A. has a 52-week low of $4.54 and a 52-week high of $12.77. The business's fifty day simple moving average is $5.21 and its two-hundred day simple moving average is $6.61.
Cosan Profile
(
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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