SYSTM Wealth Solutions LLC Has $33,000 Holdings in Cosan S.A. (NYSE:CSAN)

SYSTM Wealth Solutions LLC trimmed its holdings in Cosan S.A. (NYSE:CSAN) by 33.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,405 shares of the company’s stock after selling 1,718 shares during the period. SYSTM Wealth Solutions LLC’s holdings in Cosan were worth $33,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Redwood Wealth Management Group LLC acquired a new stake in Cosan during the 2nd quarter valued at $26,000. SPX Gestao de Recursos Ltda acquired a new stake in shares of Cosan during the 4th quarter worth about $76,000. Signaturefd LLC boosted its holdings in shares of Cosan by 2,736.9% during the 2nd quarter. Signaturefd LLC now owns 11,915 shares of the company’s stock worth $116,000 after buying an additional 11,495 shares during the period. Optiver Holding B.V. grew its stake in Cosan by 10.7% in the 4th quarter. Optiver Holding B.V. now owns 364,105 shares of the company’s stock valued at $5,702,000 after buying an additional 35,232 shares during the last quarter. Finally, Kapitalo Investimentos Ltda bought a new position in Cosan in the 4th quarter valued at about $635,000.

Cosan Price Performance

Shares of CSAN stock opened at $9.57 on Friday. Cosan S.A. has a 12-month low of $8.69 and a 12-month high of $16.45. The firm has a 50 day moving average price of $9.70 and a two-hundred day moving average price of $10.71. The company has a market capitalization of $3.66 billion, a PE ratio of 5.93, a price-to-earnings-growth ratio of 0.75 and a beta of 1.41.

Cosan (NYSE:CSAN) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $2.05 billion during the quarter. As a group, research analysts expect that Cosan S.A. will post 0.71 EPS for the current year.

Cosan Company Profile

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.