Suzano S.A. Sponsored ADR $SUZ Shares Acquired by Metis Global Partners LLC

Metis Global Partners LLC grew its stake in Suzano S.A. Sponsored ADR (NYSE:SUZ) by 24.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 232,174 shares of the company’s stock after buying an additional 46,177 shares during the period. Metis Global Partners LLC’s holdings in Suzano were worth $2,185,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SUZ. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Suzano by 16.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,017 shares of the company’s stock valued at $93,000 after acquiring an additional 1,400 shares during the period. Hantz Financial Services Inc. grew its stake in Suzano by 2,034.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 16,161 shares of the company’s stock valued at $152,000 after purchasing an additional 15,404 shares during the last quarter. Banco BTG Pactual S.A. acquired a new position in shares of Suzano in the first quarter valued at about $150,000. Aigen Investment Management LP acquired a new position in shares of Suzano in the first quarter valued at about $158,000. Finally, Amundi purchased a new position in shares of Suzano in the first quarter worth about $177,000. 2.55% of the stock is owned by hedge funds and other institutional investors.

Suzano Trading Down 1.5%

Suzano stock opened at $8.93 on Monday. The firm has a market cap of $11.82 billion, a PE ratio of 9.30, a P/E/G ratio of 0.08 and a beta of 0.84. Suzano S.A. Sponsored ADR has a 12 month low of $8.41 and a 12 month high of $10.98. The stock’s 50 day simple moving average is $9.25 and its two-hundred day simple moving average is $9.32. The company has a current ratio of 3.20, a quick ratio of 2.52 and a debt-to-equity ratio of 1.97.

Suzano (NYSE:SUZ) last posted its earnings results on Thursday, November 6th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.03). Suzano had a net margin of 13.03% and a return on equity of 16.39%. The firm had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.23 billion. Analysts anticipate that Suzano S.A. Sponsored ADR will post 1.93 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently commented on SUZ. Wall Street Zen lowered Suzano from a “buy” rating to a “hold” rating in a research report on Tuesday, July 29th. Zacks Research raised shares of Suzano from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Suzano in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy”.

Suzano 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.