SG Americas Securities LLC lowered its position in shares of Fibria Celulose SA (NYSE:FBR) by 89.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,723 shares of the basic materials company’s stock after selling 98,012 shares during the quarter. SG Americas Securities LLC’s holdings in Fibria Celulose were worth $172,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Ameriprise Financial Inc. raised its holdings in shares of Fibria Celulose by 82.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 19,337 shares of the basic materials company’s stock worth $196,000 after purchasing an additional 8,743 shares in the last quarter. Northern Trust Corp grew its position in Fibria Celulose by 17.0% in the second quarter. Northern Trust Corp now owns 197,756 shares of the basic materials company’s stock worth $2,009,000 after acquiring an additional 28,727 shares in the last quarter. Vanguard Group Inc. grew its position in Fibria Celulose by 11.0% in the second quarter. Vanguard Group Inc. now owns 1,587,821 shares of the basic materials company’s stock worth $16,132,000 after acquiring an additional 157,600 shares in the last quarter. State Street Corp boosted its holdings in shares of Fibria Celulose by 7.1% during the 2nd quarter. State Street Corp now owns 894,534 shares of the basic materials company’s stock worth $9,087,000 after buying an additional 59,556 shares during the period. Finally, First Trust Advisors LP bought a new stake in shares of Fibria Celulose during the 3rd quarter worth $213,000. Institutional investors own 7.27% of the company’s stock.
A number of analysts have weighed in on FBR shares. Santander downgraded shares of Fibria Celulose from a “buy” rating to a “hold” rating in a report on Friday, December 1st. ValuEngine raised shares of Fibria Celulose from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research raised shares of Fibria Celulose from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. Goldman Sachs Group restated a “sell” rating on shares of Fibria Celulose in a report on Wednesday, January 31st. Finally, Credit Suisse Group restated a “neutral” rating on shares of Fibria Celulose in a report on Friday, December 1st. One analyst has rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Fibria Celulose has a consensus rating of “Buy” and an average price target of $15.83.
Fibria Celulose SA (NYSE FBR) traded up $0.82 during midday trading on Wednesday, reaching $21.95. The company had a trading volume of 2,197,709 shares, compared to its average volume of 1,787,287. Fibria Celulose SA has a twelve month low of $8.48 and a twelve month high of $22.05. The stock has a market cap of $11,809.89, a price-to-earnings ratio of 35.27 and a beta of -0.10. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.82 and a quick ratio of 1.46.
Fibria Celulose (NYSE:FBR) last issued its earnings results on Monday, January 29th. The basic materials company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.48). The company had revenue of $1.25 billion during the quarter. Fibria Celulose had a return on equity of 7.65% and a net margin of 9.38%. research analysts anticipate that Fibria Celulose SA will post 1.57 EPS for the current fiscal year.
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Fibria Celulose Company Profile
Fibria Celulose SA (Fibria) is a forestry company, which is engaged in the production of eucalyptus pulp. The Company is engaged in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz (State of Espirito Santo), Tres Lagoas (State of Mato Grosso do Sul), Jacarei (State of Sao Paulo) and Eunapolis (State of Bahia).
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