GSA Capital Partners LLP Has $1.06 Million Holdings in Cosan Limited (CZZ)
GSA Capital Partners LLP raised its stake in shares of Cosan Limited (NYSE:CZZ) by 1,049.6% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 129,905 shares of the basic materials company’s stock after purchasing an additional 118,605 shares during the period. GSA Capital Partners LLP owned approximately 0.08% of Cosan worth $1,056,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Capital Fund Management S.A. bought a new position in shares of Cosan during the 2nd quarter worth approximately $133,000. Nine Chapters Capital Management LLC bought a new position in shares of Cosan during the 3rd quarter worth approximately $152,000. Pinebridge Investments L.P. bought a new position in shares of Cosan during the 2nd quarter worth approximately $157,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Cosan during the 3rd quarter worth approximately $176,000. Finally, BNP Paribas Arbitrage SA lifted its position in shares of Cosan by 51.5% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 54,531 shares of the basic materials company’s stock worth $350,000 after buying an additional 18,536 shares in the last quarter. Institutional investors and hedge funds own 41.68% of the company’s stock.
Shares of Cosan Limited (NYSE:CZZ) opened at $9.79 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.44 and a debt-to-equity ratio of 1.34. The company has a market cap of $1,670.34, a P/E ratio of 13.01 and a beta of 2.36. Cosan Limited has a 1-year low of $5.63 and a 1-year high of $10.00.
Several research firms have commented on CZZ. Zacks Investment Research cut shares of Cosan from a “buy” rating to a “hold” rating in a research report on Tuesday, December 19th. ValuEngine cut shares of Cosan from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. Credit Suisse Group raised shares of Cosan from a “neutral” rating to an “outperform” rating in a research report on Monday, October 9th. Finally, Morgan Stanley cut shares of Cosan from an “overweight” rating to an “equal weight” rating in a report on Friday, October 6th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Cosan presently has an average rating of “Buy” and an average target price of $10.00.
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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).
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