Fibria Celulose SA (fbr) to Issue Annual Dividend of $0.21
Fibria Celulose SA (NYSE:fbr) declared an annual dividend on Wednesday, April 12th. Shareholders of record on Friday, May 12th will be paid a dividend of 0.206 per share by the basic materials company on Friday, May 12th. The ex-dividend date is Wednesday, May 10th.
Fibria Celulose SA (NYSE:FBR) traded up 1.90% on Friday, hitting $9.65. The stock had a trading volume of 668,026 shares. Fibria Celulose SA has a 52 week low of $5.79 and a 52 week high of $10.24. The firm has a 50-day moving average of $9.16 and a 200 day moving average of $9.05. The company has a market capitalization of $5.34 billion, a price-to-earnings ratio of 16.93 and a beta of 0.46.
Fibria Celulose SA (NYSE:FBR) last released its earnings results on Wednesday, April 26th. The basic materials company reported $0.19 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.08. Fibria Celulose SA had a return on equity of 9.28% and a net margin of 15.97%. The business had revenue of $663.26 million during the quarter. On average, analysts predict that Fibria Celulose SA will post $0.23 earnings per share for the current year.
FBR has been the topic of several analyst reports. Credit Suisse Group AG raised shares of Fibria Celulose SA from a “neutral” rating to an “outperform” rating in a research report on Friday. Zacks Investment Research lowered Fibria Celulose SA from a “buy” rating to a “hold” rating in a research report on Tuesday, March 21st. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $8.95.
A hedge fund recently raised its stake in Fibria Celulose SA stock. Vanguard Group Inc. increased its stake in shares of Fibria Celulose SA (NYSE:FBR) by 9.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,430,221 shares of the basic materials company’s stock after buying an additional 118,800 shares during the period. Vanguard Group Inc. owned approximately 0.26% of Fibria Celulose SA worth $13,072,000 at the end of the most recent reporting period. 6.31% of the stock is owned by institutional investors and hedge funds.
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About Fibria Celulose SA
Fibria Celulose SA (Fibria) is a forestry company, which is engaged in the production of eucalyptus pulp. The Company is engaged in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz (State of Espirito Santo), Tres Lagoas (State of Mato Grosso do Sul), Jacarei (State of Sao Paulo) and Eunapolis (State of Bahia).
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