Slotnik Capital LLC Invests $1.54 Million in Suzano S.A. (NYSE:SUZ)

Slotnik Capital LLC acquired a new stake in Suzano S.A. (NYSE:SUZ) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 150,000 shares of the company’s stock, valued at approximately $1,540,000. Suzano comprises about 0.8% of Slotnik Capital LLC’s investment portfolio, making the stock its 16th biggest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SUZ. Frank Rimerman Advisors LLC bought a new stake in shares of Suzano during the second quarter valued at approximately $274,000. Investidor Profissional Gestao de Recursos Ltda. acquired a new stake in Suzano in the 2nd quarter valued at approximately $451,000. XTX Topco Ltd raised its stake in Suzano by 42.0% during the 2nd quarter. XTX Topco Ltd now owns 52,547 shares of the company’s stock valued at $540,000 after acquiring an additional 15,535 shares in the last quarter. Sagil Capital LLP acquired a new position in Suzano during the 2nd quarter worth $6,324,000. Finally, Choreo LLC bought a new position in shares of Suzano in the second quarter worth $128,000. 2.55% of the stock is owned by institutional investors and hedge funds.

Suzano Price Performance

Shares of SUZ opened at $9.34 on Tuesday. The firm has a market capitalization of $12.37 billion, a price-to-earnings ratio of 6.67 and a beta of 0.99. The stock’s fifty day moving average is $9.73 and its 200-day moving average is $10.38. Suzano S.A. has a one year low of $8.78 and a one year high of $12.98. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.03 and a current ratio of 2.48.

Suzano (NYSE:SUZ) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.56) EPS for the quarter. The company had revenue of $2.21 billion for the quarter. Suzano had a return on equity of 0.98% and a net margin of 1.05%. Equities analysts anticipate that Suzano S.A. will post 1.41 EPS for the current year.

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.