Pictet Asset Management Ltd. increased its stake in Fibria Celulose S.A. (NYSE:FBR) by 26.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,603,993 shares of the basic materials company’s stock after buying an additional 759,939 shares during the period. Pictet Asset Management Ltd. owned 0.65% of Fibria Celulose worth $48,798,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Quantbot Technologies LP purchased a new stake in shares of Fibria Celulose in the 2nd quarter worth approximately $115,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Fibria Celulose in the 2nd quarter worth approximately $166,000. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Fibria Celulose by 123.3% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 19,922 shares of the basic materials company’s stock worth $195,000 after buying an additional 11,000 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Fibria Celulose by 82.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 19,337 shares of the basic materials company’s stock worth $196,000 after buying an additional 8,743 shares during the last quarter. Finally, Stevens Capital Management LP purchased a new stake in shares of Fibria Celulose in the 2nd quarter worth approximately $206,000. Institutional investors own 7.09% of the company’s stock.

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Several analysts recently weighed in on the company. BidaskClub upgraded Fibria Celulose from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. TheStreet downgraded Fibria Celulose from a “c” rating to a “d+” rating in a research note on Wednesday, July 26th. Citigroup Inc. upgraded Fibria Celulose from a “neutral” rating to a “buy” rating in a research note on Monday, August 14th. Zacks Investment Research downgraded Fibria Celulose from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Finally, Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a $15.00 price target on shares of Fibria Celulose in a research note on Monday, October 23rd. Three equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Fibria Celulose currently has an average rating of “Buy” and a consensus price target of $14.17.

Fibria Celulose Company Profile

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).

Institutional Ownership by Quarter for Fibria Celulose (NYSE:FBR)

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