Tejara Capital Ltd Purchases Shares of 351,000 Cosan S.A. Sponsored ADR $CSAN

Tejara Capital Ltd acquired a new position in shares of Cosan S.A. Sponsored ADR (NYSE:CSAN) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 351,000 shares of the company’s stock, valued at approximately $1,386,000.

A number of other large investors also recently modified their holdings of the stock. Royal Bank of Canada raised its position in Cosan by 113,135.4% in the 1st quarter. Royal Bank of Canada now owns 198,162 shares of the company’s stock valued at $1,034,000 after buying an additional 197,987 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Cosan by 79.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 49,306 shares of the company’s stock worth $257,000 after acquiring an additional 21,818 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Cosan by 11.1% in the first quarter. Jane Street Group LLC now owns 92,126 shares of the company’s stock valued at $481,000 after purchasing an additional 9,181 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Cosan by 4,668.1% during the second quarter. JPMorgan Chase & Co. now owns 46,823 shares of the company’s stock valued at $236,000 after purchasing an additional 45,841 shares in the last quarter. Finally, Russell Investments Group Ltd. purchased a new position in Cosan during the second quarter worth about $109,000.

Cosan Stock Up 1.8%

Shares of NYSE:CSAN opened at $3.70 on Friday. Cosan S.A. Sponsored ADR has a 1 year low of $3.61 and a 1 year high of $6.25. The company has a market capitalization of $3.66 billion, a PE ratio of -1.32 and a beta of 0.82. The business has a fifty day moving average price of $4.15 and a two-hundred day moving average price of $4.40. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.80 and a quick ratio of 1.65.

Cosan (NYSE:CSAN) last released its earnings results on Thursday, May 14th. The company reported ($0.32) EPS for the quarter. The business had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.55 billion. Cosan had a negative return on equity of 13.95% and a negative net margin of 32.24%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Cosan in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Cosan currently has an average rating of “Reduce” and an average target price of $4.75.

About Cosan

Cosan Limited (NYSE: CSAN) is a Brazilian diversified energy and logistics group focused on agribusiness, fuels, and infrastructure. Its core activities include the cultivation of sugarcane, production of ethanol and sugar, generation of bioelectricity from bagasse, and distribution of fuels under the Raízen joint venture with Shell. Through its subsidiary Moove, Cosan is a leading global producer of base oils and lubricants, while Comgás serves as one of Brazil’s largest natural gas distributors.

Founded in 1936 in the state of São Paulo, Cosan has grown through organic expansion and strategic acquisitions.