B. Metzler seel. Sohn & Co. AG Reduces Stock Holdings in Cosan S.A. (NYSE:CSAN)

B. Metzler seel. Sohn & Co. AG lessened its holdings in Cosan S.A. (NYSE:CSAN) by 28.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 60,700 shares of the company’s stock after selling 23,800 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Cosan were worth $328,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Sanctuary Advisors LLC purchased a new position in shares of Cosan in the 4th quarter valued at approximately $510,000. SPX Gestao de Recursos Ltda lifted its stake in shares of Cosan by 113.2% during the third quarter. SPX Gestao de Recursos Ltda now owns 65,543 shares of the company’s stock worth $627,000 after buying an additional 34,798 shares during the period. Signaturefd LLC lifted its stake in shares of Cosan by 329.3% during the fourth quarter. Signaturefd LLC now owns 40,741 shares of the company’s stock worth $222,000 after buying an additional 31,250 shares during the period. Centiva Capital LP purchased a new stake in shares of Cosan during the third quarter valued at $286,000. Finally, Clear Harbor Asset Management LLC acquired a new position in shares of Cosan in the 4th quarter valued at $147,000.

Cosan Price Performance

Shares of NYSE:CSAN opened at $5.04 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.73 and a debt-to-equity ratio of 1.31. Cosan S.A. has a twelve month low of $4.54 and a twelve month high of $12.77. The company’s 50 day moving average is $5.21 and its 200 day moving average is $6.57. The company has a market cap of $2.35 billion, a PE ratio of 3.81, a price-to-earnings-growth ratio of 3.94 and a beta of 1.11.

Wall Street Analyst Weigh In

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

Cosan Company 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.