Creative Planning Grows Stake in Cosan S.A. (NYSE:CSAN)

Creative Planning increased its holdings in shares of Cosan S.A. (NYSE:CSAN) by 4.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,692 shares of the company’s stock after acquiring an additional 2,621 shares during the quarter. Creative Planning’s holdings in Cosan were worth $552,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CSAN. Redwood Wealth Management Group LLC acquired a new position in Cosan during the second quarter worth about $26,000. XTX Topco Ltd acquired a new position in Cosan during the second quarter worth about $115,000. Signaturefd LLC boosted its position in Cosan by 2,736.9% during the second quarter. Signaturefd LLC now owns 11,915 shares of the company’s stock worth $116,000 after acquiring an additional 11,495 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Cosan by 339.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 114,002 shares of the company’s stock valued at $1,110,000 after purchasing an additional 88,064 shares during the last quarter. Finally, Herr Investment Group LLC acquired a new position in Cosan in the 2nd quarter valued at about $2,192,000.

Analysts Set New Price Targets

Separately, UBS Group upgraded shares of Cosan to a “strong-buy” rating in a report on Friday, October 25th.

Cosan Stock Down 0.1 %

NYSE:CSAN opened at $8.30 on Wednesday. The company has a current ratio of 1.79, a quick ratio of 1.68 and a debt-to-equity ratio of 1.31. The company’s 50-day moving average is $9.04 and its two-hundred day moving average is $9.81. Cosan S.A. has a 1-year low of $7.80 and a 1-year high of $16.45.

Cosan (NYSE:CSAN) last posted its earnings results on Wednesday, August 14th. The company reported ($0.09) earnings per share for the quarter. The business had revenue of $2.05 billion for the quarter. As a group, equities analysts anticipate that Cosan S.A. will post 0.31 earnings per share for the current fiscal 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.