Suzano S.A. (NYSE:SUZ) Shares Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Suzano S.A. (NYSE:SUZ) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 696,725 shares of the company’s stock after acquiring an additional 3,284 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.05% of Suzano worth $7,051,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in shares of Suzano by 58.2% in the fourth quarter. GAMMA Investing LLC now owns 2,791 shares of the company’s stock valued at $28,000 after purchasing an additional 1,027 shares during the period. Caprock Group LLC grew its stake in shares of Suzano by 11.1% during the third quarter. Caprock Group LLC now owns 11,178 shares of the company’s stock valued at $112,000 after acquiring an additional 1,119 shares in the last quarter. Creative Planning increased its position in shares of Suzano by 4.7% during the second quarter. Creative Planning now owns 47,191 shares of the company’s stock worth $485,000 after acquiring an additional 2,128 shares during the last quarter. Quantinno Capital Management LP lifted its stake in shares of Suzano by 20.0% in the third quarter. Quantinno Capital Management LP now owns 15,013 shares of the company’s stock worth $150,000 after acquiring an additional 2,504 shares in the last quarter. Finally, Waldron Private Wealth LLC purchased a new position in Suzano in the third quarter valued at about $25,000. 2.55% of the stock is owned by hedge funds and other institutional investors.

Suzano Price Performance

Shares of NYSE SUZ opened at $10.29 on Friday. The company has a quick ratio of 1.70, a current ratio of 2.17 and a debt-to-equity ratio of 1.92. Suzano S.A. has a fifty-two week low of $8.78 and a fifty-two week high of $12.98. The business has a 50 day moving average price of $10.36 and a two-hundred day moving average price of $10.09. The firm has a market cap of $13.63 billion, a PE ratio of 16.33 and a beta of 0.94.

Suzano Cuts Dividend

The business also recently declared an annual dividend, which was paid on Friday, January 17th. Investors of record on Wednesday, December 18th were paid a $0.3366 dividend. The ex-dividend date was Wednesday, December 18th. This represents a dividend yield of 1.6%. Suzano’s dividend payout ratio (DPR) is presently 41.27%.

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.