Dimensional Fund Advisors LP Sells 16,757 Shares of Suzano S.A. (NYSE:SUZ)

Dimensional Fund Advisors LP reduced its position in shares of Suzano S.A. (NYSE:SUZ) by 9.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 157,653 shares of the company’s stock after selling 16,757 shares during the period. Dimensional Fund Advisors LP’s holdings in Suzano were worth $1,620,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SUZ. PNC Financial Services Group Inc. lifted its holdings in Suzano by 16.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,798 shares of the company’s stock valued at $100,000 after purchasing an additional 1,222 shares during the last quarter. Caprock Group LLC acquired a new stake in Suzano in the 2nd quarter valued at about $103,000. Choreo LLC acquired a new stake in shares of Suzano during the 2nd quarter worth approximately $128,000. Ballentine Partners LLC acquired a new stake in shares of Suzano during the 1st quarter worth approximately $154,000. Finally, Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in shares of Suzano during the 1st quarter worth approximately $183,000. 2.55% of the stock is owned by institutional investors.

Suzano Stock Down 0.5 %

Shares of NYSE:SUZ opened at $9.67 on Friday. Suzano S.A. has a one year low of $8.78 and a one year high of $12.98. The company has a 50 day moving average of $9.85 and a 200-day moving average of $10.17. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.48 and a quick ratio of 2.03. The stock has a market cap of $12.80 billion, a price-to-earnings ratio of 193.44 and a beta of 0.98.

Suzano (NYSE:SUZ) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.56) earnings per share (EPS) for the quarter. The firm had revenue of $2.21 billion for the quarter. Suzano had a net margin of 1.05% and a return on equity of 0.98%. On average, sell-side analysts forecast that Suzano S.A. will post 0.63 earnings per share for the current year.

Suzano 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.