Cosan Limited (CZZ) Shares Bought by Van ECK Associates Corp

Van ECK Associates Corp boosted its position in shares of Cosan Limited (NYSE:CZZ) by 2.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 668,491 shares of the basic materials company’s stock after acquiring an additional 15,705 shares during the quarter. Van ECK Associates Corp owned 0.25% of Cosan Limited worth $4,285,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in CZZ. Wells Fargo & Company MN boosted its holdings in Cosan Limited by 551.1% during the 1st quarter. Wells Fargo & Company MN now owns 1,173,546 shares of the basic materials company’s stock valued at $10,022,000 after acquiring an additional 993,318 shares during the period. Advisors Asset Management Inc. boosted its holdings in Cosan Limited by 66.2% during the 1st quarter. Advisors Asset Management Inc. now owns 40,099 shares of the basic materials company’s stock valued at $342,000 after acquiring an additional 15,976 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in Cosan Limited by 9.7% during the 1st quarter. BNP Paribas Arbitrage SA now owns 35,995 shares of the basic materials company’s stock valued at $307,000 after acquiring an additional 3,183 shares during the period. Parametric Portfolio Associates LLC boosted its holdings in Cosan Limited by 4.6% during the 1st quarter. Parametric Portfolio Associates LLC now owns 185,245 shares of the basic materials company’s stock valued at $1,582,000 after acquiring an additional 8,097 shares during the period. Finally, Trexquant Investment LP purchased a new position in Cosan Limited during the 1st quarter valued at about $216,000. Institutional investors own 43.22% of the company’s stock.

Cosan Limited (NYSE:CZZ) opened at 8.29 on Friday. The company’s 50-day moving average price is $7.70 and its 200-day moving average price is $7.51. Cosan Limited has a one year low of $5.63 and a one year high of $9.50. The stock has a market capitalization of $2.19 billion, a PE ratio of 76.06 and a beta of 2.31.

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A number of equities analysts recently commented on CZZ shares. BidaskClub upgraded Cosan Limited from a “hold” rating to a “buy” rating in a report on Tuesday, August 22nd. ValuEngine cut Cosan Limited from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 6th. Zacks Investment Research cut Cosan Limited from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 13th. Finally, UBS AG upgraded Cosan Limited from a “neutral” rating to a “buy” rating in a report on Thursday, June 1st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Cosan Limited currently has a consensus rating of “Buy” and a consensus target price of $8.75.

Cosan Limited Company Profile

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

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