Caprock Group LLC Buys New Shares in Cosan S.A. (NYSE:CSAN)

Caprock Group LLC bought a new position in shares of Cosan S.A. (NYSE:CSAN) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,236 shares of the company’s stock, valued at approximately $61,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Creative Planning lifted its holdings in shares of Cosan by 4.8% in the third quarter. Creative Planning now owns 57,692 shares of the company’s stock valued at $552,000 after purchasing an additional 2,621 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Cosan by 217.1% during the 3rd quarter. Blue Trust Inc. now owns 4,468 shares of the company’s stock worth $44,000 after buying an additional 3,059 shares in the last quarter. US Bancorp DE boosted its stake in shares of Cosan by 405.1% in the 3rd quarter. US Bancorp DE now owns 5,793 shares of the company’s stock worth $55,000 after buying an additional 4,646 shares during the last quarter. FMR LLC grew its holdings in shares of Cosan by 114.3% in the third quarter. FMR LLC now owns 10,829 shares of the company’s stock valued at $104,000 after acquiring an additional 5,775 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Cosan during the third quarter valued at approximately $97,000.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. UBS Group raised Cosan to a “strong-buy” rating in a research report on Friday, October 25th. Citigroup reiterated a “buy” rating and set a $19.00 price target on shares of Cosan in a research report on Monday, December 23rd.

Cosan Trading Down 7.7 %

Shares of NYSE:CSAN opened at $4.97 on Friday. The company’s fifty day moving average price is $5.61 and its 200-day moving average price is $7.79. Cosan S.A. has a one year low of $4.95 and a one year high of $15.25. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.86 and a quick ratio of 1.73.

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.