Posted by admin on Aug 25th, 2022 
Aaron Wealth Advisors LLC purchased a new position in Suzano S.A. (NYSE:SUZ – Get Rating) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,626 shares of the company’s stock, valued at approximately $226,000.
Other large investors also recently modified their holdings of the company. Provida Pension Fund Administrator purchased a new stake in Suzano in the 4th quarter worth approximately $27,000. Compagnie Lombard Odier SCmA purchased a new stake in shares of Suzano in the fourth quarter worth $83,000. Whittier Trust Co. bought a new stake in Suzano during the first quarter valued at $148,000. Cullen Capital Management LLC purchased a new position in Suzano during the fourth quarter worth about $148,000. Finally, Envestnet Asset Management Inc. grew its position in Suzano by 5.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 22,124 shares of the company’s stock worth $239,000 after buying an additional 1,205 shares in the last quarter.
SUZ stock opened at $9.35 on Thursday. The firm has a 50 day simple moving average of $9.16 and a two-hundred day simple moving average of $10.42. The company has a debt-to-equity ratio of 2.97, a current ratio of 2.87 and a quick ratio of 2.41. The stock has a market cap of $12.73 billion, a PE ratio of 5.63, a P/E/G ratio of 0.34 and a beta of 1.23. Suzano S.A. has a one year low of $8.06 and a one year high of $12.82.
Suzano (NYSE:SUZ – Get Rating) last announced its earnings results on Wednesday, July 27th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.25. Suzano had a net margin of 26.87% and a return on equity of 58.93%. The company had revenue of $2.35 billion during the quarter. On average, analysts predict that Suzano S.A. will post 2.66 EPS for the current fiscal year.
Separately, Bradesco Corretora cut Suzano from an “outperform” rating to an “underperform” rating and set a $11.00 price target on the stock. in a report on Wednesday.
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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 and its byproducts. 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; biotechnology research and development; and commercialization of paper and computer materials.
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