Goldman Sachs Group Inc. boosted its position in shares of Fibria Celulose S.A. (NYSE:FBR) by 124.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,159,422 shares of the basic materials company’s stock after buying an additional 642,400 shares during the period. Goldman Sachs Group Inc.’s holdings in Fibria Celulose were worth $10,597,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sensato Investors LLC purchased a new position in shares of Fibria Celulose during the first quarter worth approximately $246,000. Highbridge Capital Management LLC bought a new position in Fibria Celulose during the first quarter valued at about $1,172,000. Two Sigma Securities LLC bought a new position in Fibria Celulose during the first quarter valued at about $107,000. KCG Holdings Inc. bought a new position in Fibria Celulose during the first quarter valued at about $315,000. Finally, Citadel Advisors LLC raised its position in Fibria Celulose by 427.3% in the first quarter. Citadel Advisors LLC now owns 63,095 shares of the basic materials company’s stock valued at $577,000 after buying an additional 51,129 shares in the last quarter. Institutional investors and hedge funds own 6.15% of the company’s stock.
Fibria Celulose S.A. (NYSE:FBR) opened at 10.74 on Wednesday. The firm has a market cap of $5.94 billion, a price-to-earnings ratio of 19.60 and a beta of 0.02. Fibria Celulose S.A. has a 52-week low of $5.79 and a 52-week high of $11.95. The firm’s 50 day moving average price is $10.71 and its 200 day moving average price is $9.60.
Fibria Celulose (NYSE:FBR) last announced its quarterly earnings data on Wednesday, April 26th. The basic materials company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.27 by $0.08. Fibria Celulose had a net margin of 10.55% and a return on equity of 7.04%. The firm had revenue of $663.26 million for the quarter. Equities research analysts anticipate that Fibria Celulose S.A. will post $0.49 EPS for the current fiscal year.
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Several research analysts have issued reports on the company. BidaskClub lowered Fibria Celulose from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 14th. Zacks Investment Research upgraded Fibria Celulose from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a report on Wednesday, June 14th. ValuEngine cut Fibria Celulose from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. J P Morgan Chase & Co upgraded Fibria Celulose from a “neutral” rating to an “overweight” rating and raised their price target for the company from $10.00 to $13.50 in a report on Wednesday, June 14th. Finally, Credit Suisse Group upgraded Fibria Celulose from a “neutral” rating to an “outperform” rating in a report on Friday, May 19th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $10.80.
About Fibria Celulose
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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