Fisher Asset Management LLC Has $935,000 Stock Position in Suzano S.A. (NYSE:SUZ)

Fisher Asset Management LLC reduced its position in shares of Suzano S.A. (NYSE:SUZ) by 25.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 92,351 shares of the company’s stock after selling 32,170 shares during the quarter. Fisher Asset Management LLC’s holdings in Suzano were worth $935,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in SUZ. Creative Planning raised its stake in Suzano by 4.7% during the 3rd quarter. Creative Planning now owns 49,393 shares of the company’s stock worth $494,000 after buying an additional 2,202 shares during the period. Principal Financial Group Inc. increased its holdings in Suzano by 14.4% during the 3rd quarter. Principal Financial Group Inc. now owns 139,568 shares of the company’s stock worth $1,396,000 after purchasing an additional 17,544 shares in the last quarter. Metis Global Partners LLC increased its holdings in Suzano by 69.4% during the 3rd quarter. Metis Global Partners LLC now owns 154,379 shares of the company’s stock worth $1,544,000 after purchasing an additional 63,231 shares in the last quarter. Caprock Group LLC increased 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 purchasing an additional 1,119 shares in the last quarter. Finally, FMR LLC increased its holdings in Suzano by 1,078.7% during the 3rd quarter. FMR LLC now owns 36,364 shares of the company’s stock worth $364,000 after purchasing an additional 33,279 shares in the last quarter. 2.55% of the stock is owned by institutional investors and hedge funds.

Suzano Stock Performance

Shares of SUZ opened at $9.64 on Thursday. The company has a debt-to-equity ratio of 2.81, a quick ratio of 1.40 and a current ratio of 1.72. The stock has a 50 day moving average price of $10.21 and a two-hundred day moving average price of $10.15. The firm has a market capitalization of $12.76 billion, a P/E ratio of 15.29 and a beta of 0.96. Suzano S.A. has a 52 week low of $8.78 and a 52 week high of $12.98.

Suzano Company 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.