Herr Investment Group LLC Buys Shares of 225,000 Cosan S.A. (NYSE:CSAN)

Herr Investment Group LLC purchased a new position in shares of Cosan S.A. (NYSE:CSAN) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 225,000 shares of the company’s stock, valued at approximately $2,192,000. Herr Investment Group LLC owned 0.06% of Cosan as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its position in Cosan by 2.1% during the second quarter. Renaissance Technologies LLC now owns 4,820,882 shares of the company’s stock worth $46,955,000 after purchasing an additional 100,700 shares during the period. Signaturefd LLC grew its stake in Cosan by 2,736.9% in the 2nd quarter. Signaturefd LLC now owns 11,915 shares of the company’s stock valued at $116,000 after buying an additional 11,495 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in Cosan during the 1st quarter valued at $1,036,000. SPX Gestao de Recursos Ltda purchased a new stake in shares of Cosan during the fourth quarter worth $76,000. Finally, Kapitalo Investimentos Ltda bought a new position in shares of Cosan in the fourth quarter worth $635,000.

Cosan Stock Performance

Shares of NYSE CSAN opened at $9.57 on Friday. Cosan S.A. has a fifty-two week low of $8.69 and a fifty-two week high of $16.45. The stock has a market cap of $4.47 billion, a PE ratio of 5.94, a price-to-earnings-growth ratio of 0.75 and a beta of 1.41. The stock has a fifty day moving average of $9.70 and a 200-day moving average of $10.71.

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 during the quarter. On average, sell-side analysts predict that Cosan S.A. will post 0.71 EPS for the current year.

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.