Seafarer Capital Partners LLC Purchases Shares of 265,000 Suzano S.A. Sponsored ADR $SUZ

Seafarer Capital Partners LLC purchased a new position in shares of Suzano S.A. Sponsored ADR (NYSE:SUZ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 265,000 shares of the company’s stock, valued at approximately $2,475,000. Suzano accounts for approximately 0.6% of Seafarer Capital Partners LLC’s investment portfolio, making the stock its 9th biggest holding.

Other hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. grew its position in shares of Suzano by 10.5% in the second quarter. PNC Financial Services Group Inc. now owns 11,958 shares of the company’s stock valued at $113,000 after purchasing an additional 1,141 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Suzano by 16.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,017 shares of the company’s stock worth $93,000 after buying an additional 1,400 shares during the period. Moody National Bank Trust Division lifted its position in Suzano by 5.2% during the third quarter. Moody National Bank Trust Division now owns 29,311 shares of the company’s stock worth $276,000 after buying an additional 1,438 shares during the period. Compound Planning Inc. boosted its stake in Suzano by 11.3% in the 3rd quarter. Compound Planning Inc. now owns 18,569 shares of the company’s stock worth $175,000 after buying an additional 1,885 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in Suzano by 71.7% in the 3rd quarter. Parallel Advisors LLC now owns 9,341 shares of the company’s stock valued at $88,000 after buying an additional 3,901 shares during the period. Institutional investors and hedge funds own 2.55% of the company’s stock.

Analysts Set New Price Targets

SUZ has been the subject of a number of research analyst reports. Zacks Research downgraded shares of Suzano from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Suzano in a research report on Monday, December 29th. Finally, Jefferies Financial Group began coverage on shares of Suzano in a research report on Thursday, February 5th. They set a “buy” rating and a $13.40 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $13.40.

Suzano Price Performance

SUZ stock opened at $9.79 on Tuesday. The stock has a 50-day moving average price of $10.26 and a two-hundred day moving average price of $9.57. Suzano S.A. Sponsored ADR has a 12-month low of $8.41 and a 12-month high of $11.53. The company has a current ratio of 3.18, a quick ratio of 2.59 and a debt-to-equity ratio of 2.09. The company has a market cap of $12.13 billion, a PE ratio of 5.18, a price-to-earnings-growth ratio of 0.19 and a beta of 0.67.

Suzano (NYSE:SUZ) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.11. The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.30 billion. Suzano had a return on equity of 30.84% and a net margin of 26.11%. As a group, research analysts predict that Suzano S.A. Sponsored ADR will post 1.93 EPS for the current year.

About Suzano

Suzano SA is a Brazil-based pulp and paper company recognized as one of the world’s leading producers of eucalyptus pulp. The company develops and supplies a wide range of fiber-based products that serve global demand in printing and writing papers, tissue paper, packaging, and specialty paper markets. With an extensive network of industrial units and logistics operations, Suzano manages every stage of production from forest plantations to final delivery, emphasizing integrated operations and quality control.

At the core of Suzano’s business is its sustainable forestry model, which covers more than one million hectares of managed eucalyptus plantations across Brazil.