Suzano S.A. (NYSE:SUZ) Shares Purchased by Metis Global Partners LLC

Metis Global Partners LLC increased its stake in Suzano S.A. (NYSE:SUZ) by 12.1% in the fourth quarter, Holdings Channel reports. The firm owned 173,098 shares of the company’s stock after purchasing an additional 18,719 shares during the period. Metis Global Partners LLC’s holdings in Suzano were worth $1,752,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in Suzano by 58.2% during the 4th 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 last quarter. Caprock Group LLC raised its stake in shares of Suzano by 11.1% in the third quarter. Caprock Group LLC now owns 11,178 shares of the company’s stock worth $112,000 after purchasing an additional 1,119 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Suzano by 20.3% during the fourth quarter. US Bancorp DE now owns 9,177 shares of the company’s stock worth $93,000 after purchasing an additional 1,547 shares during the period. Creative Planning boosted its position in Suzano by 4.7% in the third quarter. Creative Planning now owns 49,393 shares of the company’s stock valued at $494,000 after buying an additional 2,202 shares during the last quarter. Finally, Quantinno Capital Management LP increased its holdings in Suzano by 20.0% in the 3rd quarter. Quantinno Capital Management LP now owns 15,013 shares of the company’s stock worth $150,000 after buying an additional 2,504 shares during the period. Hedge funds and other institutional investors own 2.55% of the company’s stock.

Suzano Stock Performance

SUZ opened at $9.62 on Monday. The firm has a 50 day moving average of $10.25 and a two-hundred day moving average of $10.16. The firm has a market capitalization of $12.74 billion, a PE ratio of 15.27 and a beta of 0.94. The company has a current ratio of 1.72, a quick ratio of 1.40 and a debt-to-equity ratio of 2.81. Suzano S.A. has a 12-month low of $8.78 and a 12-month high of $12.98.

Suzano Cuts Dividend

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

About Suzano

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.