Geo Capital Gestora de Recursos Ltd Invests $2.25 Million in Suzano S.A. Sponsored ADR $SUZ

Geo Capital Gestora de Recursos Ltd acquired a new position in shares of Suzano S.A. Sponsored ADR (NYSE:SUZ) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 239,020 shares of the company’s stock, valued at approximately $2,247,000. Suzano comprises approximately 4.1% of Geo Capital Gestora de Recursos Ltd’s holdings, making the stock its 14th biggest position.

Several other large investors have also bought and sold shares of SUZ. Amundi acquired a new position in Suzano during the first quarter worth about $177,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Suzano by 16.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,017 shares of the company’s stock valued at $93,000 after purchasing an additional 1,400 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Suzano by 14.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 557,366 shares of the company’s stock worth $5,178,000 after purchasing an additional 70,396 shares in the last quarter. Jane Street Group LLC lifted its stake in Suzano by 264.1% in the 1st quarter. Jane Street Group LLC now owns 82,760 shares of the company’s stock valued at $769,000 after purchasing an additional 60,028 shares during the last quarter. Finally, Metis Global Partners LLC lifted its stake in Suzano by 24.8% in the 2nd quarter. Metis Global Partners LLC now owns 232,174 shares of the company’s stock valued at $2,185,000 after purchasing an additional 46,177 shares during the last quarter. 2.55% of the stock is owned by institutional investors and hedge funds.

Suzano Trading Down 0.7%

Shares of SUZ stock opened at $10.77 on Thursday. Suzano S.A. Sponsored ADR has a 1-year low of $8.41 and a 1-year high of $11.53. The company has a current ratio of 3.18, a quick ratio of 2.59 and a debt-to-equity ratio of 2.09. The stock has a market cap of $13.35 billion, a price-to-earnings ratio of 5.70, a PEG ratio of 0.21 and a beta of 0.67. The stock has a 50-day moving average of $10.05 and a 200-day moving average of $9.53.

Suzano (NYSE:SUZ) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.11. The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.30 billion. Suzano had a return on equity of 30.84% and a net margin of 26.11%. On average, equities research analysts forecast that Suzano S.A. Sponsored ADR will post 1.93 earnings per share for the current year.

Suzano Dividend Announcement

The company also recently disclosed a special dividend, which was paid on Wednesday, February 11th. Stockholders of record on Monday, December 22nd were given a dividend of $0.2036 per share. The ex-dividend date was Monday, December 22nd. Suzano’s dividend payout ratio is 9.52%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on SUZ shares. Jefferies Financial Group assumed coverage on shares of Suzano in a research note on Thursday, February 5th. They set a “buy” rating and a $13.40 target price on the stock. Zacks Research raised Suzano from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Suzano in a report on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $13.40.

Suzano Company Profile

Suzano SA is a Brazil-based pulp and paper company recognized as one of the world’s leading producers of eucalyptus pulp. The company develops and supplies a wide range of fiber-based products that serve global demand in printing and writing papers, tissue paper, packaging, and specialty paper markets. With an extensive network of industrial units and logistics operations, Suzano manages every stage of production from forest plantations to final delivery, emphasizing integrated operations and quality control.

At the core of Suzano’s business is its sustainable forestry model, which covers more than one million hectares of managed eucalyptus plantations across Brazil.