Suzano S.A. (NYSE:SUZ) Stock Holdings Increased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its position in shares of Suzano S.A. (NYSE:SUZ) by 0.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 696,725 shares of the company’s stock after buying an additional 3,284 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Suzano were worth $7,051,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Waldron Private Wealth LLC acquired a new stake in shares of Suzano during the 3rd quarter valued at approximately $25,000. GAMMA Investing LLC increased its stake in Suzano by 58.2% during the fourth quarter. GAMMA Investing LLC now owns 2,791 shares of the company’s stock valued at $28,000 after purchasing an additional 1,027 shares during the last quarter. Blue Trust Inc. increased its stake in Suzano by 228.5% during the fourth quarter. Blue Trust Inc. now owns 6,712 shares of the company’s stock valued at $67,000 after purchasing an additional 4,669 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Suzano in the 3rd quarter worth about $107,000. Finally, Ballentine Partners LLC bought a new stake in shares of Suzano during the 4th quarter valued at about $109,000. Institutional investors own 2.55% of the company’s stock.

Suzano Stock Performance

Shares of NYSE SUZ opened at $10.29 on Friday. The company has a quick ratio of 1.70, a current ratio of 2.17 and a debt-to-equity ratio of 1.92. The firm’s 50-day moving average price is $10.36 and its two-hundred day moving average price is $10.09. Suzano S.A. has a 52-week low of $8.78 and a 52-week high of $12.98. The stock has a market capitalization of $13.63 billion, a P/E ratio of 16.33 and a beta of 0.94.

Suzano Cuts Dividend

The business also recently declared an annual dividend, which was paid on Friday, January 17th. Investors of record on Wednesday, December 18th were issued a $0.3366 dividend. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend was Wednesday, December 18th. Suzano’s dividend payout ratio (DPR) is 41.27%.

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.