Marshall Wace LLP Increases Stake in Suzano S.A. (NYSE:SUZ)

Marshall Wace LLP grew its position in Suzano S.A. (NYSE:SUZ) by 111.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,058,200 shares of the company’s stock after acquiring an additional 558,224 shares during the period. Marshall Wace LLP owned about 0.08% of Suzano worth $10,709,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SUZ. Constellation Investimentos e Participacoes Ltda increased its position in Suzano by 132.3% during the 4th quarter. Constellation Investimentos e Participacoes Ltda now owns 428,400 shares of the company’s stock worth $4,335,000 after purchasing an additional 244,000 shares during the period. GAMMA Investing LLC lifted its holdings in 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 acquiring an additional 1,027 shares during the period. Principal Financial Group Inc. boosted its position in shares of Suzano by 14.4% during the 3rd quarter. Principal Financial Group Inc. now owns 139,568 shares of the company’s stock worth $1,396,000 after purchasing an additional 17,544 shares in the last quarter. Atomi Financial Group Inc. grew its stake in shares of Suzano by 26.6% during the 4th quarter. Atomi Financial Group Inc. now owns 15,390 shares of the company’s stock worth $156,000 after purchasing an additional 3,229 shares during the period. Finally, Ballentine Partners LLC purchased a new position in shares of Suzano in the 4th quarter valued at about $109,000. 2.55% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, UBS Group raised shares of Suzano to a “strong-buy” rating in a report on Thursday, April 10th.

Suzano Stock Performance

Shares of SUZ stock opened at $8.95 on Tuesday. The stock has a market cap of $11.85 billion, a P/E ratio of 14.21 and a beta of 0.88. The company has a quick ratio of 1.40, a current ratio of 1.72 and a debt-to-equity ratio of 2.81. Suzano S.A. has a fifty-two week low of $8.41 and a fifty-two week high of $11.93. The business has a fifty day simple moving average of $9.42 and a 200-day simple moving average of $9.98.

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.