UBS Group AG Has $13.80 Million Stock Position in Cosan S.A. Sponsored ADR $CSAN

UBS Group AG grew its stake in Cosan S.A. Sponsored ADR (NYSE:CSAN) by 36.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,492,792 shares of the company’s stock after buying an additional 941,548 shares during the period. UBS Group AG’s holdings in Cosan were worth $13,797,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CSAN. Monaco Asset Management SAM acquired a new stake in shares of Cosan in the third quarter valued at about $4,600,000. Millennium Management LLC increased its stake in shares of Cosan by 235.0% in the third quarter. Millennium Management LLC now owns 487,514 shares of the company’s stock valued at $2,243,000 after buying an additional 341,973 shares during the period. Kapitalo Investimentos Ltda increased its stake in shares of Cosan by 280.1% in the third quarter. Kapitalo Investimentos Ltda now owns 418,432 shares of the company’s stock valued at $1,925,000 after buying an additional 308,340 shares during the period. Royal Bank of Canada increased its stake in shares of Cosan by 113,135.4% in the first quarter. Royal Bank of Canada now owns 198,162 shares of the company’s stock valued at $1,034,000 after buying an additional 197,987 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Cosan in the fourth quarter valued at about $746,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Cosan in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $4.75.

Cosan Trading Up 1.8%

Shares of Cosan stock opened at $3.70 on Friday. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.65 and a current ratio of 1.80. Cosan S.A. Sponsored ADR has a 52 week low of $3.61 and a 52 week high of $6.25. The stock has a 50 day moving average price of $4.15 and a two-hundred day moving average price of $4.40. The stock has a market capitalization of $3.66 billion, a PE ratio of -1.32 and a beta of 0.82.

Cosan (NYSE:CSAN) last announced its quarterly earnings data on Saturday, February 14th. The company reported ($1.61) EPS for the quarter. Cosan had a negative net margin of 32.24% and a negative return on equity of 13.95%. The firm had revenue of $1.74 billion during the quarter.

Cosan Profile

Cosan Limited (NYSE: CSAN) is a Brazilian diversified energy and logistics group focused on agribusiness, fuels, and infrastructure. Its core activities include the cultivation of sugarcane, production of ethanol and sugar, generation of bioelectricity from bagasse, and distribution of fuels under the Raízen joint venture with Shell. Through its subsidiary Moove, Cosan is a leading global producer of base oils and lubricants, while Comgás serves as one of Brazil’s largest natural gas distributors.

Founded in 1936 in the state of São Paulo, Cosan has grown through organic expansion and strategic acquisitions.