SPX Gestao de Recursos Ltda Has $1.64 Million Stock Holdings in Suzano S.A. (NYSE:SUZ)

SPX Gestao de Recursos Ltda grew its position in Suzano S.A. (NYSE:SUZ) by 17.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 162,031 shares of the company’s stock after purchasing an additional 23,716 shares during the period. SPX Gestao de Recursos Ltda’s holdings in Suzano were worth $1,640,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in Suzano by 58.2% in the fourth quarter. GAMMA Investing LLC now owns 2,791 shares of the company’s stock worth $28,000 after purchasing an additional 1,027 shares during the period. Lindbrook Capital LLC raised its holdings in shares of Suzano by 69.2% during the fourth quarter. Lindbrook Capital LLC now owns 3,004 shares of the company’s stock worth $30,000 after acquiring an additional 1,229 shares during the period. Blue Trust Inc. raised its holdings in shares of Suzano by 222.7% during the fourth quarter. Blue Trust Inc. now owns 6,592 shares of the company’s stock worth $67,000 after acquiring an additional 4,549 shares during the period. US Bancorp DE raised its holdings in shares of Suzano by 20.3% during the fourth quarter. US Bancorp DE now owns 9,177 shares of the company’s stock worth $93,000 after acquiring an additional 1,547 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Suzano during the third quarter worth $107,000. 2.55% of the stock is currently owned by institutional investors and hedge funds.

Suzano Trading Down 0.9 %

Shares of NYSE:SUZ opened at $9.50 on Tuesday. Suzano S.A. has a 12 month low of $8.78 and a 12 month high of $12.98. 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 company’s fifty day simple moving average is $10.18 and its 200 day simple moving average is $10.13. The firm has a market cap of $12.58 billion, a price-to-earnings ratio of 15.09 and a beta of 0.96.

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.