Systematic Financial Management LP purchased a new position in Cosan Ltd (NYSE:CZZ) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 210,595 shares of the basic materials company’s stock, valued at approximately $1,417,000. Systematic Financial Management LP owned approximately 0.09% of Cosan at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CZZ. Wells Fargo & Company MN raised its holdings in Cosan by 62.5% during the 3rd quarter. Wells Fargo & Company MN now owns 6,278,090 shares of the basic materials company’s stock worth $42,251,000 after buying an additional 2,415,168 shares during the period. Acadian Asset Management LLC raised its holdings in Cosan by 91.1% during the 2nd quarter. Acadian Asset Management LLC now owns 2,613,750 shares of the basic materials company’s stock worth $19,942,000 after buying an additional 1,245,933 shares during the period. BlackRock Inc. raised its holdings in Cosan by 47.0% during the 2nd quarter. BlackRock Inc. now owns 1,757,324 shares of the basic materials company’s stock worth $13,409,000 after buying an additional 561,980 shares during the period. Lonestar Capital Management LLC acquired a new stake in Cosan during the 2nd quarter worth about $9,144,000. Finally, Foundry Partners LLC raised its holdings in Cosan by 9.7% during the 2nd quarter. Foundry Partners LLC now owns 437,806 shares of the basic materials company’s stock worth $3,340,000 after buying an additional 38,558 shares during the period. Hedge funds and other institutional investors own 27.99% of the company’s stock.

A number of equities analysts have recently weighed in on CZZ shares. ValuEngine upgraded Cosan from a “sell” rating to a “hold” rating in a report on Wednesday, October 24th. Zacks Investment Research reiterated a “buy” rating and issued a $9.75 target price on shares of Cosan in a report on Tuesday, November 13th. Finally, Credit Suisse Group downgraded Cosan from an “outperform” rating to a “neutral” rating in a report on Monday, July 23rd. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $11.38.

Shares of CZZ opened at $7.93 on Monday. The stock has a market capitalization of $1.93 billion, a PE ratio of 12.39 and a beta of 1.57. Cosan Ltd has a fifty-two week low of $6.20 and a fifty-two week high of $11.89. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.49 and a current ratio of 1.60.

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Cosan Profile

Cosan Limited, together with its subsidiaries, engages in fuel and natural gas distribution, logistics, lubricant, sugar and ethanol businesses primarily in Brazil and internationally. The company's RaĆ­zen Energia produces and markets products derived from sugar cane, including raw sugar, anhydrous, and hydrated ethanol, as well as activities related to energy cogeneration from sugarcane bagasse.

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Institutional Ownership by Quarter for Cosan (NYSE:CZZ)

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