Caprock Group LLC Boosts Holdings in Suzano S.A. (NYSE:SUZ)

Caprock Group LLC raised its stake in Suzano S.A. (NYSE:SUZ) by 11.1% during the third quarter, Holdings Channel reports. The fund owned 11,178 shares of the company’s stock after buying an additional 1,119 shares during the period. Caprock Group LLC’s holdings in Suzano were worth $112,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Waldron Private Wealth LLC purchased a new stake in Suzano in the 3rd quarter worth about $25,000. Atomi Financial Group Inc. bought a new stake in shares of Suzano in the third quarter valued at approximately $122,000. Choreo LLC purchased a new stake in shares of Suzano during the 2nd quarter valued at approximately $128,000. Frank Rimerman Advisors LLC bought a new position in Suzano in the 2nd quarter worth approximately $274,000. Finally, Investidor Profissional Gestao de Recursos Ltda. purchased a new position in Suzano in the 2nd quarter valued at approximately $451,000. 2.55% of the stock is owned by institutional investors.

Suzano Trading Down 1.6 %

Shares of SUZ stock opened at $10.32 on Tuesday. Suzano S.A. has a 1 year low of $8.78 and a 1 year high of $12.98. The company’s fifty day simple moving average is $10.10 and its two-hundred day simple moving average is $9.81. The company has a debt-to-equity ratio of 1.92, a current ratio of 2.17 and a quick ratio of 1.70. The stock has a market capitalization of $13.66 billion, a price-to-earnings ratio of 16.38 and a beta of 0.98.

Suzano 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.