Suzano S.A. (NYSE:SUZ) Shares Sold by US Bancorp DE

US Bancorp DE lessened its holdings in shares of Suzano S.A. (NYSE:SUZ) by 14.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,630 shares of the company’s stock after selling 1,289 shares during the period. US Bancorp DE’s holdings in Suzano were worth $76,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Waldron Private Wealth LLC bought a new position in shares of Suzano during the third quarter valued at approximately $25,000. Caprock Group LLC acquired a new position in Suzano during the 2nd quarter valued at approximately $103,000. Atomi Financial Group Inc. acquired a new position in Suzano during the 3rd quarter valued at approximately $122,000. Choreo LLC bought a new position in Suzano during the 2nd quarter worth $128,000. Finally, Frank Rimerman Advisors LLC acquired a new stake in Suzano in the second quarter worth $274,000. Institutional investors and hedge funds own 2.55% of the company’s stock.

Suzano Stock Performance

SUZ stock opened at $10.64 on Friday. Suzano S.A. has a 1 year low of $8.78 and a 1 year high of $12.98. The stock has a market capitalization of $14.09 billion, a price-to-earnings ratio of 16.89 and a beta of 0.98. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.70 and a current ratio of 2.17. The stock’s fifty day moving average is $10.00 and its two-hundred day moving average is $9.84.

Suzano Company Profile

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.