Corient Private Wealth LLC Has $86,000 Stock Position in Cosan S.A. (NYSE:CSAN)

Corient Private Wealth LLC cut its holdings in shares of Cosan S.A. (NYSE:CSAN) by 12.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,883 shares of the company’s stock after selling 2,255 shares during the quarter. Corient Private Wealth LLC’s holdings in Cosan were worth $86,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of CSAN. Quantbot Technologies LP acquired a new position in shares of Cosan in the third quarter worth $97,000. FMR LLC grew its stake in 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 purchasing an additional 5,775 shares in the last quarter. Centiva Capital LP acquired a new position in Cosan in the 3rd quarter worth about $286,000. Virtu Financial LLC purchased a new stake in shares of Cosan during the 3rd quarter worth about $118,000. Finally, SPX Gestao de Recursos Ltda lifted its holdings in shares of Cosan by 113.2% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 65,543 shares of the company’s stock valued at $627,000 after buying an additional 34,798 shares during the last quarter.

Wall Street Analyst Weigh In

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

Cosan Stock Up 2.3 %

CSAN stock opened at $5.34 on Thursday. The firm has a market cap of $2.49 billion, a PE ratio of 4.05, a PEG ratio of 3.94 and a beta of 1.33. Cosan S.A. has a 1 year low of $4.54 and a 1 year high of $12.77. The company has a fifty day simple moving average of $5.21 and a 200 day simple moving average of $6.61. The company has a current ratio of 1.86, a quick ratio of 1.73 and a debt-to-equity ratio of 1.31.

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.