Cosan S.A. (NYSE:CSAN) Shares Bought by Signaturefd LLC

Signaturefd LLC grew its position in Cosan S.A. (NYSE:CSAN) by 329.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 40,741 shares of the company’s stock after acquiring an additional 31,250 shares during the period. Signaturefd LLC’s holdings in Cosan were worth $222,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Cosan in the 3rd quarter valued at about $808,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Cosan in the third quarter valued at approximately $228,000. Quantbot Technologies LP purchased a new stake in Cosan during the 3rd quarter worth approximately $97,000. FMR LLC lifted its holdings in Cosan by 114.3% during the 3rd quarter. FMR LLC now owns 10,829 shares of the company’s stock worth $104,000 after buying an additional 5,775 shares in the last quarter. Finally, Centiva Capital LP purchased a new position in Cosan in the 3rd quarter valued at approximately $286,000.

Cosan Stock Performance

Shares of Cosan stock opened at $5.50 on Friday. The business has a 50-day simple moving average of $5.23 and a 200-day simple moving average of $6.84. The company has a market cap of $2.57 billion, a PE ratio of 4.16, a P/E/G ratio of 3.94 and a beta of 1.33. Cosan S.A. has a one year low of $4.54 and a one year high of $13.26. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.73 and a current ratio of 1.86.

Analyst Ratings Changes

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

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.