Investec Asset Management North America Inc. raised its holdings in Cosan Limited (NYSE:CZZ) by 10.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,351,921 shares of the basic materials company’s stock after buying an additional 127,394 shares during the quarter. Investec Asset Management North America Inc. owned about 0.51% of Cosan Limited worth $8,666,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Wells Fargo & Company MN raised its stake in Cosan Limited by 551.1% in the first quarter. Wells Fargo & Company MN now owns 1,173,546 shares of the basic materials company’s stock valued at $10,022,000 after buying an additional 993,318 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in Cosan Limited in the second quarter valued at about $108,000. Wexford Capital LP purchased a new stake in Cosan Limited in the first quarter valued at about $123,000. Oxford Asset Management purchased a new stake in Cosan Limited in the first quarter valued at about $2,504,000. Finally, Vanguard Group Inc. raised its stake in Cosan Limited by 5.8% in the first quarter. Vanguard Group Inc. now owns 3,164,399 shares of the basic materials company’s stock valued at $27,024,000 after buying an additional 173,302 shares during the last quarter. Institutional investors own 43.26% of the company’s stock.

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A number of equities research analysts have commented on CZZ shares. ValuEngine cut Cosan Limited from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 6th. UBS AG upgraded Cosan Limited from a “neutral” rating to a “buy” rating in a research note on Thursday, June 1st. BidaskClub upgraded Cosan Limited from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Finally, Zacks Investment Research cut Cosan Limited from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 13th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Cosan Limited presently has an average rating of “Buy” and an average price target of $8.75.

Shares of Cosan Limited (CZZ) traded up 1.37% on Friday, hitting $8.16. The stock had a trading volume of 908,084 shares. The firm has a market cap of $2.16 billion, a PE ratio of 74.18 and a beta of 2.31. Cosan Limited has a 52-week low of $5.63 and a 52-week high of $9.50. The firm’s 50-day moving average price is $7.64 and its 200 day moving average price is $7.52.

About Cosan Limited

Cosan Limited (Cosan) is a holding company. The Company’s segments include Raizen Energia, Raizen Combustiveis, COMGAS, Cosan Logistica, Lubricants and Other business. The Company’s other business include other investments, in addition to the corporate activities. The Company offers Logistics services, including transportation, port loading and storage of sugar, leasing or lending of locomotives, wagons and other railway equipment, through its subsidiaries Rumo Logistica Operadora Multimodal SA (Rumo), logistic segment (Logistic).

Institutional Ownership by Quarter for Cosan Limited (NYSE:CZZ)

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