Deltec Asset Management LLC raised its position in Fibria Celulose SA (NYSE:FBR) by 52.6% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 150,900 shares of the company’s stock after buying an additional 52,000 shares during the period. Deltec Asset Management LLC’s holdings in Fibria Celulose SA were worth $1,020,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of FBR. Daiwa Securities Group Inc. boosted its position in shares of Fibria Celulose SA by 8.6% in the second quarter. Daiwa Securities Group Inc. now owns 156,400 shares of the company’s stock worth $1,057,000 after buying an additional 12,400 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Fibria Celulose SA by 1,778.6% in the first quarter. Royal Bank of Canada now owns 13,150 shares of the company’s stock worth $111,000 after buying an additional 12,450 shares during the last quarter. NN Investment Partners Holdings N.V. acquired a new position in shares of Fibria Celulose SA during the first quarter worth approximately $228,000. Quadrature Capital Ltd acquired a new position in shares of Fibria Celulose SA during the first quarter worth approximately $251,000. Finally, HBK Investments L P boosted its position in shares of Fibria Celulose SA by 66.6% in the first quarter. HBK Investments L P now owns 81,200 shares of the company’s stock worth $689,000 after buying an additional 32,451 shares during the last quarter. Institutional investors own 8.09% of the company’s stock.

Fibria Celulose SA (NYSE:FBR) traded down 1.73% during trading on Wednesday, hitting $6.83. 2,951,205 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $6.68 and a 200 day moving average price of $7.80. Fibria Celulose SA has a 52-week low of $5.79 and a 52-week high of $14.94. The company has a market cap of $3.79 billion, a price-to-earnings ratio of 6.23 and a beta of 0.93.

A number of brokerages recently commented on FBR. Zacks Investment Research upgraded shares of Fibria Celulose SA from a “hold” rating to a “strong-buy” rating and set a $7.25 target price on the stock in a research report on Thursday, July 28th. FBR & Co cut shares of Fibria Celulose SA from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 20th. Bank of America Corp. cut shares of Fibria Celulose SA from a “buy” rating to a “neutral” rating in a research report on Thursday, July 21st. Finally, Morgan Stanley cut shares of Fibria Celulose SA from an “overweight” rating to an “equal weight” rating and set a $6.90 target price on the stock. in a research report on Tuesday, July 26th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Fibria Celulose SA has an average rating of “Hold” and an average target price of $19.49.

About Fibria Celulose SA

Fibria Celulose SA (Fibria) is a Brazil-based pulp and paper producer. The Company’s activities are focused on the renewable and sustainable forests and the manufacture and sale of bleached eucalyptus kraft pulp. Forests in formation are located in the states of Sao Paulo, Mato Grosso do Sul, Minas Gerais, Rio de Janeiro, Espirito Santo, Bahia and Rio Grande do Sul.

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