Sivia Capital Partners LLC Takes $78,000 Position in Cosan S.A. (NYSE:CSAN)

Sivia Capital Partners LLC bought a new position in shares of Cosan S.A. (NYSE:CSAN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,420 shares of the company’s stock, valued at approximately $78,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Renaissance Technologies LLC raised its stake in shares of Cosan by 2.1% during the 2nd quarter. Renaissance Technologies LLC now owns 4,820,882 shares of the company’s stock valued at $46,955,000 after buying an additional 100,700 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Cosan by 339.5% in the second quarter. Dimensional Fund Advisors LP now owns 114,002 shares of the company’s stock valued at $1,110,000 after acquiring an additional 88,064 shares during the period. FMR LLC boosted its position in Cosan by 114.3% in the 3rd quarter. FMR LLC now owns 10,829 shares of the company’s stock worth $104,000 after purchasing an additional 5,775 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Cosan during the 3rd quarter worth approximately $808,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Cosan during the 3rd quarter valued at approximately $228,000.

Analyst Upgrades and Downgrades

Several research firms recently commented on CSAN. UBS Group upgraded shares of Cosan to a “strong-buy” rating in a research report on Friday, October 25th. Citigroup reaffirmed a “buy” rating and issued a $19.00 price target on shares of Cosan in a report on Monday, December 23rd.

Cosan Price Performance

Cosan stock traded up $0.18 during trading on Monday, reaching $5.46. The company had a trading volume of 525,939 shares, compared to its average volume of 1,123,076. The firm has a market capitalization of $2.55 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 6.00 and a beta of 1.35. The firm’s 50-day simple moving average is $6.57 and its 200 day simple moving average is $8.43. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.73 and a current ratio of 1.86. Cosan S.A. has a 1-year low of $5.09 and a 1-year high of $15.56.

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.