Quadrant Capital Group LLC Grows Position in Cosan S.A. (NYSE:CSAN)

Quadrant Capital Group LLC lifted its stake in shares of Cosan S.A. (NYSE:CSAN) by 170.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 31,461 shares of the company’s stock after acquiring an additional 19,816 shares during the period. Quadrant Capital Group LLC’s holdings in Cosan were worth $171,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of CSAN. PNC Financial Services Group Inc. raised its holdings in shares of Cosan by 181.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company’s stock valued at $53,000 after buying an additional 6,311 shares during the period. PDS Planning Inc purchased a new stake in shares of Cosan during the 4th quarter valued at about $58,000. Caprock Group LLC purchased a new stake in shares of Cosan during the 4th quarter valued at about $61,000. Savant Capital LLC purchased a new stake in shares of Cosan during the 4th quarter valued at about $63,000. Finally, Blue Trust Inc. raised its holdings in shares of Cosan by 180.2% during the 4th quarter. Blue Trust Inc. now owns 12,519 shares of the company’s stock valued at $68,000 after buying an additional 8,051 shares during the period.

Cosan Price Performance

Shares of NYSE CSAN opened at $4.67 on Thursday. Cosan S.A. has a fifty-two week low of $4.31 and a fifty-two week high of $12.40. The business has a 50 day moving average price of $5.14 and a two-hundred day moving average price of $6.40. The company has a quick ratio of 1.73, a current ratio of 1.86 and a debt-to-equity ratio of 1.31. The firm has a market cap of $2.18 billion, a PE ratio of 3.54, a price-to-earnings-growth ratio of 3.94 and a beta of 1.11.

Wall Street Analyst Weigh In

Separately, Citigroup reiterated a “buy” rating and set a $19.00 target price on shares of Cosan in a report on Monday, December 23rd.

About Cosan

Cosan SA engages in the fuel distribution business. It operates through Raízen, Compass, Moove, Rumo, and Radar segments. The company’s Raízen segment engages in the production, commercialization, origination, and trading of ethanol, bioenergy, renewable sources, and sugar; trading and resale of electricity; and distribution and commercialization of fuels and lubricants.