Jane Street Group LLC Has $159,000 Stake in Suzano S.A. (NYSE:SUZ)

Jane Street Group LLC decreased its position in Suzano S.A. (NYSE:SUZFree Report) by 92.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,874 shares of the company’s stock after selling 196,838 shares during the quarter. Jane Street Group LLC’s holdings in Suzano were worth $159,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SUZ. Waldron Private Wealth LLC acquired a new position in shares of Suzano in the third quarter valued at approximately $25,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Suzano during the third quarter worth approximately $107,000. Caprock Group LLC grew its position in Suzano by 11.1% during the third quarter. Caprock Group LLC now owns 11,178 shares of the company’s stock worth $112,000 after buying an additional 1,119 shares in the last quarter. Atomi Financial Group Inc. acquired a new stake in Suzano during the third quarter worth approximately $122,000. Finally, Choreo LLC acquired a new stake in Suzano during the second quarter worth approximately $128,000. Institutional investors and hedge funds own 2.55% of the company’s stock.

Suzano Trading Up 1.3 %

Shares of NYSE:SUZ opened at $10.20 on Tuesday. The company has a market capitalization of $13.51 billion, a P/E ratio of 16.19 and a beta of 0.94. Suzano S.A. has a 1 year low of $8.78 and a 1 year high of $12.98. The company has a debt-to-equity ratio of 1.92, a current ratio of 2.17 and a quick ratio of 1.70. The business’s 50 day simple moving average is $10.31 and its 200 day simple moving average is $10.02.

Suzano Cuts Dividend

The business also recently declared an annual dividend, which will be paid on Friday, January 17th. Investors of record on Wednesday, December 18th will be given a dividend of $0.3366 per share. This represents a yield of 1.6%. The ex-dividend date is Wednesday, December 18th. Suzano’s dividend payout ratio is currently 42.86%.

About Suzano

(Free Report)

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.

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Institutional Ownership by Quarter for Suzano (NYSE:SUZ)

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