The Daiwa Securities Group Inc. Cuts Stake in Fibria Celulose SA (FBR)

The Daiwa Securities Group Inc. Cuts Stake in Fibria Celulose SA (FBR)

Several other large investors also recently made changes to their positions in the stock. Comerica Bank raised its stake in shares of Fibria Celulose SA by 12.6% in the fourth quarter. Comerica Bank now owns 31,347 shares of the basic materials company’s stock valued at $302,000 after buying an additional 3,500 shares in the last quarter. First Trust Advisors LP increased its stake in shares of Fibria Celulose SA by 90.5% in the third quarter. First Trust Advisors LP now owns 22,939 shares of the basic materials company’s stock valued at $162,000 after buying an additional 10,896 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in shares of Fibria Celulose SA during the fourth quarter valued at $105,000. Virtu Financial LLC bought a new stake in shares of Fibria Celulose SA during the first quarter valued at $113,000. Finally, PEAK6 Investments L.P. increased its stake in shares of Fibria Celulose SA by 893.0% in the fourth quarter. PEAK6 Investments L.P. now owns 12,275 shares of the basic materials company’s stock valued at $118,000 after buying an additional 13,823 shares during the last quarter. Hedge funds and other institutional investors own 6.31% of the company’s stock.

Daiwa Securities Group Inc. lowered its stake in shares of Fibria Celulose SA (NYSE:FBR) by 73.1% during the first quarter, according to its most recent filing with the SEC. The fund owned 47,000 shares of the basic materials company’s stock after selling 127,500 shares during the period. Daiwa Securities Group Inc.’s holdings in Fibria Celulose SA were worth $430,000 as of its most recent SEC filing.

Shares of Fibria Celulose SA (NYSE FBR) opened at 11.67 on Monday. The company’s 50 day moving average price is $9.69 and its 200 day moving average price is $9.28. Fibria Celulose SA has a 52-week low of $5.79 and a 52-week high of $11.69. The stock has a market capitalization of $6.46 billion, a PE ratio of 21.73 and a beta of 0.46.

Fibria Celulose SA (NYSE:FBR) last posted its earnings results on Wednesday, April 26th. The basic materials company reported $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.08. Fibria Celulose SA had a return on equity of 9.28% and a net margin of 15.97%. The firm had revenue of $663.26 million for the quarter. On average, equities research analysts anticipate that Fibria Celulose SA will post $0.43 EPS for the current year. The business also recently declared an annual dividend, which was paid on Thursday, May 25th. Investors of record on Friday, May 12th were issued a dividend of $0.204 per share. The ex-dividend date was Wednesday, May 10th.

Fibria Celulose SA (NYSE:FBR) last posted its earnings results on Wednesday, April 26th. The basic materials company reported $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.08. Fibria Celulose SA had a return on equity of 9.28% and a net margin of 15.97%. The firm had revenue of $663.26 million for the quarter. On average, equities research analysts anticipate that Fibria Celulose SA will post $0.43 EPS for the current year. A number of brokerages recently commented on FBR. ValuEngine downgraded Fibria Celulose SA from a “buy” rating to a “hold” rating in a report on Friday. Credit Suisse Group AG upgraded Fibria Celulose SA from a “neutral” rating to an “outperform” rating in a report on Friday, May 19th. Finally, Zacks Investment Research downgraded Fibria Celulose SA from a “buy” rating to a “hold” rating in a report on Tuesday, March 21st. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $8.95.

About Fibria Celulose SA 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).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “FBR”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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