Geo Capital Gestora de Recursos Ltd Makes New Investment in Suzano S.A. Sponsored ADR $SUZ

Geo Capital Gestora de Recursos Ltd acquired a new stake in Suzano S.A. Sponsored ADR (NYSE:SUZ) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 239,020 shares of the company’s stock, valued at approximately $2,247,000. Suzano accounts for 4.1% of Geo Capital Gestora de Recursos Ltd’s investment portfolio, making the stock its 14th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. PNC Financial Services Group Inc. increased its holdings in Suzano by 10.5% in the second quarter. PNC Financial Services Group Inc. now owns 11,958 shares of the company’s stock worth $113,000 after purchasing an additional 1,141 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Suzano by 16.2% during the 1st 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 in the last quarter. Moody National Bank Trust Division grew its position in shares of Suzano by 5.2% during the 3rd 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. increased its stake in shares of Suzano by 11.3% in the 3rd quarter. Compound Planning Inc. now owns 18,569 shares of the company’s stock valued at $175,000 after acquiring an additional 1,885 shares in the last quarter. Finally, Banco BTG Pactual S.A. lifted its position in shares of Suzano by 46.3% during the 2nd quarter. Banco BTG Pactual S.A. now owns 23,706 shares of the company’s stock valued at $223,000 after acquiring an additional 7,506 shares during the period. Institutional investors own 2.55% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on SUZ shares. Zacks Research raised shares of Suzano from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, January 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Suzano in a research note on Monday, December 29th. Finally, Jefferies Financial Group initiated coverage on Suzano in a report on Thursday, February 5th. They set a “buy” rating and a $13.40 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $13.40.

Suzano Price Performance

Shares of NYSE SUZ opened at $10.77 on Thursday. The stock has a market cap of $13.35 billion, a price-to-earnings ratio of 5.70, a PEG ratio of 0.21 and a beta of 0.67. The company has a debt-to-equity ratio of 2.09, a quick ratio of 2.59 and a current ratio of 3.18. Suzano S.A. Sponsored ADR has a fifty-two week low of $8.41 and a fifty-two week high of $11.53. The firm’s 50-day simple moving average is $10.05 and its 200 day simple moving average is $9.53.

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

Suzano Dividend Announcement

The business also recently disclosed a special dividend, which was paid on Wednesday, February 11th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.2036 per share. The ex-dividend date was Monday, December 22nd. Suzano’s dividend payout ratio (DPR) is 9.52%.

Suzano Company Profile

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.