B. Metzler seel. Sohn & Co. Holding AG Makes New Investment in Cosan S.A. (NYSE:CSAN)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Cosan S.A. (NYSE:CSAN) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 84,500 shares of the company’s stock, valued at approximately $808,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Herr Investment Group LLC bought a new stake in Cosan in the 2nd quarter valued at approximately $2,192,000. Renaissance Technologies LLC lifted its position in shares of Cosan by 2.1% in the second quarter. Renaissance Technologies LLC now owns 4,820,882 shares of the company’s stock worth $46,955,000 after purchasing an additional 100,700 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Cosan by 339.5% during the second quarter. Dimensional Fund Advisors LP now owns 114,002 shares of the company’s stock worth $1,110,000 after purchasing an additional 88,064 shares during the last quarter. Creative Planning boosted its holdings in Cosan by 187.1% during the second quarter. Creative Planning now owns 55,071 shares of the company’s stock worth $536,000 after purchasing an additional 35,892 shares during the last quarter. Finally, XTX Topco Ltd bought a new position in Cosan in the second quarter valued at $115,000.

Cosan Stock Up 5.3 %

Shares of NYSE CSAN opened at $7.60 on Friday. Cosan S.A. has a 52 week low of $7.22 and a 52 week high of $16.45. The stock has a 50 day moving average price of $8.61 and a 200 day moving average price of $9.49. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.79 and a quick ratio of 1.68.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of Cosan to a “strong-buy” rating in a research report 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.