Suzano S.A. (NYSE:SUZ) Shares Sold by Grace & White Inc. NY

Grace & White Inc. NY trimmed its stake in shares of Suzano S.A. (NYSE:SUZ) by 6.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,474 shares of the company’s stock after selling 6,000 shares during the quarter. Grace & White Inc. NY’s holdings in Suzano were worth $971,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. First Trust Direct Indexing L.P. boosted its position in shares of Suzano by 6.7% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 21,727 shares of the company’s stock worth $234,000 after acquiring an additional 1,365 shares in the last quarter. Advisor Partners II LLC boosted its position in shares of Suzano by 23.9% during the 3rd quarter. Advisor Partners II LLC now owns 12,862 shares of the company’s stock worth $138,000 after acquiring an additional 2,479 shares in the last quarter. Waterfront Wealth Inc. boosted its position in shares of Suzano by 1.3% during the 4th quarter. Waterfront Wealth Inc. now owns 196,969 shares of the company’s stock worth $2,238,000 after acquiring an additional 2,502 shares in the last quarter. Metis Global Partners LLC boosted its position in shares of Suzano by 9.4% during the 3rd quarter. Metis Global Partners LLC now owns 62,983 shares of the company’s stock worth $677,000 after acquiring an additional 5,419 shares in the last quarter. Finally, Ritholtz Wealth Management boosted its position in shares of Suzano by 12.9% during the 3rd quarter. Ritholtz Wealth Management now owns 61,419 shares of the company’s stock worth $660,000 after acquiring an additional 7,007 shares in the last quarter. 2.55% of the stock is owned by institutional investors and hedge funds.

Suzano Stock Performance

Shares of NYSE SUZ traded up $0.01 during trading hours on Tuesday, reaching $11.74. The stock had a trading volume of 531,869 shares, compared to its average volume of 1,367,637. The firm has a market cap of $15.55 billion, a price-to-earnings ratio of 5.51 and a beta of 1.05. The company has a current ratio of 2.61, a quick ratio of 2.20 and a debt-to-equity ratio of 1.62. Suzano S.A. has a fifty-two week low of $7.46 and a fifty-two week high of $12.98. The firm has a 50-day moving average of $11.87 and a 200-day moving average of $11.18.

Suzano (NYSE:SUZ) last announced its earnings results on Wednesday, February 28th. The company reported $0.70 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.70. The firm had revenue of $2.09 billion during the quarter. Suzano had a return on equity of 33.35% and a net margin of 35.19%. Equities research analysts predict that Suzano S.A. will post 10.59 earnings per share for the current year.

Suzano Company 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.