10,782 Shares in Suzano S.A. (NYSE:SUZ) Bought by Ballentine Partners LLC

Ballentine Partners LLC bought a new position in Suzano S.A. (NYSE:SUZ) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,782 shares of the company’s stock, valued at approximately $109,000.

Several other hedge funds have also recently added to or reduced their stakes in SUZ. Waldron Private Wealth LLC acquired a new position in shares of Suzano in the 3rd quarter worth approximately $25,000. GAMMA Investing LLC boosted its stake in Suzano by 58.2% during the 4th quarter. GAMMA Investing LLC now owns 2,791 shares of the company’s stock worth $28,000 after acquiring an additional 1,027 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Suzano in the third quarter valued at about $107,000. Caprock Group LLC raised its holdings in Suzano by 11.1% during the 3rd quarter. Caprock Group LLC now owns 11,178 shares of the company’s stock worth $112,000 after buying an additional 1,119 shares during the period. Finally, Atomi Financial Group Inc. bought a new stake in Suzano in the 3rd quarter valued at $122,000. Institutional investors and hedge funds own 2.55% of the company’s stock.

Suzano Stock Up 0.9 %

Shares of Suzano stock opened at $10.69 on Monday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.70 and a current ratio of 2.17. Suzano S.A. has a 52-week low of $8.78 and a 52-week high of $12.98. The firm has a market cap of $14.15 billion, a PE ratio of 16.96 and a beta of 0.94. The business’s 50 day simple moving average is $10.30 and its 200 day simple moving average is $10.03.

Suzano (NYSE:SUZ) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.46 earnings per share for the quarter. Suzano had a return on equity of 9.80% and a net margin of 9.69%. The firm had revenue of $2.21 billion during the quarter. On average, analysts predict that Suzano S.A. will post -0.69 earnings per share for the current fiscal year.

Suzano Cuts Dividend

The company also recently announced an annual dividend, which was paid on Friday, January 17th. Stockholders of record on Wednesday, December 18th were issued a $0.3366 dividend. The ex-dividend date was Wednesday, December 18th. This represents a dividend yield of 1.6%. Suzano’s payout ratio is 41.27%.

Suzano 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.