Quantbot Technologies LP Boosts Stake in Cosan S.A. (NYSE:CSAN)

Quantbot Technologies LP lifted its holdings in Cosan S.A. (NYSE:CSAN) by 33.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,495 shares of the company’s stock after purchasing an additional 3,373 shares during the period. Quantbot Technologies LP’s holdings in Cosan were worth $73,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its position in shares of Cosan by 181.4% in the fourth 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 in the last quarter. PDS Planning Inc acquired a new stake in Cosan in the 4th quarter valued at $58,000. Caprock Group LLC purchased a new stake in Cosan in the 4th quarter worth $61,000. Savant Capital LLC acquired a new position in Cosan during the fourth quarter worth $63,000. Finally, Blue Trust Inc. lifted its holdings in Cosan by 180.2% during the fourth quarter. Blue Trust Inc. now owns 12,519 shares of the company’s stock valued at $68,000 after purchasing an additional 8,051 shares in the last quarter.

Analysts Set New Price Targets

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

Cosan Stock Performance

Shares of NYSE:CSAN opened at $5.22 on Tuesday. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.86 and a quick ratio of 1.73. Cosan S.A. has a 1 year low of $4.54 and a 1 year high of $12.94. The firm has a market capitalization of $2.43 billion, a PE ratio of 3.95, a P/E/G ratio of 3.94 and a beta of 1.33. The business’s 50 day moving average price is $5.20 and its 200-day moving average price is $6.64.

Cosan 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.