Fibria Celulose SA (FBR) Holding Trimmed by Mitsubishi UFJ Trust & Banking Corp

Fibria Celulose SA (FBR) Holding Trimmed by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp reduced its position in Fibria Celulose SA (NYSE:FBR) by 18.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,803 shares of the basic materials company’s stock after selling 7,425 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Fibria Celulose SA were worth $300,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Karp Capital Management Corp purchased a new position in Fibria Celulose SA during the first quarter worth $421,000. Teza Capital Management LLC purchased a new position in Fibria Celulose SA during the first quarter worth $151,000. World Asset Management Inc raised its position in Fibria Celulose SA by 1.6% in the first quarter. World Asset Management Inc now owns 34,474 shares of the basic materials company’s stock worth $315,000 after buying an additional 537 shares during the last quarter. Comerica Bank raised its position in Fibria Celulose SA by 1.3% in the first quarter. Comerica Bank now owns 31,760 shares of the basic materials company’s stock worth $291,000 after buying an additional 413 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new position in Fibria Celulose SA during the first quarter worth $1,010,000. Institutional investors and hedge funds own 6.31% of the company’s stock.

Fibria Celulose SA (NYSE:FBR) traded up 1.21% during midday trading on Friday, reaching $11.67. 1,517,280 shares of the company were exchanged. 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 P/E ratio of 21.73 and a beta of 0.46. The firm’s 50 day moving average price is $9.69 and its 200-day moving average price is $9.28.

Fibria Celulose SA (NYSE:FBR) last announced its earnings results on Wednesday, April 26th. The basic materials company reported $0.19 earnings per share (EPS) for the quarter, missing the 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 business had revenue of $663.26 million for the quarter. Equities analysts forecast that Fibria Celulose SA will post $0.43 EPS for the current fiscal year.

The business also recently declared an annual dividend, which was paid on Thursday, May 25th. Stockholders of record on Friday, May 12th were issued a dividend of $0.204 per share. The ex-dividend date of this dividend was Wednesday, May 10th.

FBR has been the topic of several research analyst reports. ValuEngine downgraded shares of Fibria Celulose SA from a “buy” rating to a “hold” rating in a report on Friday. Credit Suisse Group AG raised shares of Fibria Celulose SA from a “neutral” rating to an “outperform” rating in a report on Friday, May 19th. Finally, Zacks Investment Research downgraded shares of Fibria Celulose SA from a “buy” rating to a “hold” rating in a report on Tuesday, March 21st. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Fibria Celulose SA presently has a consensus rating of “Hold” and a consensus target price of $8.95.

Fibria Celulose SA 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).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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