PDS Planning Inc Purchases New Position in Cosan S.A. (NYSE:CSAN)

PDS Planning Inc bought a new stake in Cosan S.A. (NYSE:CSAN) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,701 shares of the company’s stock, valued at approximately $58,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. FMR LLC raised its holdings in shares of Cosan by 114.3% in the third quarter. FMR LLC now owns 10,829 shares of the company’s stock valued at $104,000 after buying an additional 5,775 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Cosan by 181.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 9,790 shares of the company’s stock worth $53,000 after acquiring an additional 6,311 shares during the period. Blue Trust Inc. increased its stake in shares of Cosan by 180.2% during the fourth quarter. Blue Trust Inc. now owns 12,519 shares of the company’s stock worth $68,000 after acquiring an additional 8,051 shares during the period. Quantbot Technologies LP acquired a new position in shares of Cosan during the third quarter worth about $97,000. Finally, Caprock Group LLC acquired a new position in shares of Cosan during the fourth quarter worth about $61,000.

Analysts Set New Price Targets

Separately, Citigroup restated a “buy” rating and set a $19.00 target price on shares of Cosan in a research report on Monday, December 23rd.

Cosan Trading Up 3.2 %

Shares of CSAN opened at $5.66 on Thursday. The company has a current ratio of 1.86, a quick ratio of 1.73 and a debt-to-equity ratio of 1.31. The firm’s 50-day moving average is $5.22 and its two-hundred day moving average is $6.88. Cosan S.A. has a twelve month low of $4.54 and a twelve month high of $13.50. The firm has a market capitalization of $2.64 billion, a P/E ratio of 4.28, a PEG ratio of 3.94 and a beta of 1.33.

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.