Creative Planning Increases Stake in Cosan S.A. (NYSE:CSAN)

Creative Planning increased its holdings in shares of Cosan S.A. (NYSE:CSAN) by 4.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,692 shares of the company’s stock after buying an additional 2,621 shares during the period. Creative Planning’s holdings in Cosan were worth $552,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CSAN. Redwood Wealth Management Group LLC purchased a new stake in Cosan during the 2nd quarter worth approximately $26,000. XTX Topco Ltd purchased a new stake in Cosan during the 2nd quarter worth approximately $115,000. Signaturefd LLC increased its stake in Cosan by 2,736.9% during the 2nd quarter. Signaturefd LLC now owns 11,915 shares of the company’s stock worth $116,000 after buying an additional 11,495 shares during the period. Dimensional Fund Advisors LP increased its stake in Cosan by 339.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 114,002 shares of the company’s stock worth $1,110,000 after buying an additional 88,064 shares during the period. Finally, Herr Investment Group LLC purchased a new stake in Cosan during the 2nd quarter worth approximately $2,192,000.

Cosan Price Performance

Shares of NYSE:CSAN opened at $8.30 on Wednesday. Cosan S.A. has a 52 week low of $7.80 and a 52 week high of $16.45. The company’s 50 day moving average is $9.04 and its two-hundred day moving average is $9.81. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.79 and a quick ratio of 1.68.

Cosan (NYSE:CSAN) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.09) EPS for the quarter. The business had revenue of $2.05 billion for the quarter. On average, analysts expect that Cosan S.A. will post 0.31 earnings per share for the current year.

Analysts Set New Price Targets

Separately, UBS Group raised shares of Cosan to a “strong-buy” rating in a research note on Friday, October 25th.

Cosan Profile

Cosan SA engages in the fuel distribution business. It operates through Raízen, Compass, Moove, Rumo, and Radar segments. The company’s Raízen segment engages in the production, commercialization, origination, and trading of ethanol, bioenergy, renewable sources, and sugar; trading and resale of electricity; and distribution and commercialization of fuels and lubricants.