American Trust Investment Advisors LLC Takes Position in Fibria Celulose S.A. (FBR)

American Trust Investment Advisors LLC acquired a new stake in Fibria Celulose S.A. (NYSE:FBR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 86,470 shares of the basic materials company’s stock, valued at approximately $879,000.

A number of other large investors have also bought and sold shares of the company. FMR LLC increased its position in shares of Fibria Celulose by 1.5% in the first quarter. FMR LLC now owns 4,973,800 shares of the basic materials company’s stock valued at $45,461,000 after buying an additional 71,500 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Fibria Celulose by 9.1% in the first quarter. Vanguard Group Inc. now owns 1,430,221 shares of the basic materials company’s stock valued at $13,072,000 after buying an additional 118,800 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Fibria Celulose by 124.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,159,422 shares of the basic materials company’s stock valued at $10,597,000 after buying an additional 642,400 shares in the last quarter. Partners Value Investments LP purchased a new position in shares of Fibria Celulose during the first quarter valued at about $5,945,000. Finally, Parametric Portfolio Associates LLC increased its position in shares of Fibria Celulose by 8.0% in the first quarter. Parametric Portfolio Associates LLC now owns 424,086 shares of the basic materials company’s stock valued at $3,876,000 after buying an additional 31,443 shares in the last quarter. 5.83% of the stock is currently owned by institutional investors and hedge funds.

Fibria Celulose S.A. (FBR) traded up 0.50% on Friday, hitting $12.12. 1,395,786 shares of the stock traded hands. The company’s market capitalization is $6.76 billion. Fibria Celulose S.A. has a 12 month low of $6.18 and a 12 month high of $12.45. The firm has a 50-day moving average price of $10.74 and a 200-day moving average price of $9.80.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by BNB Daily and is the sole property of of BNB Daily. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.baseball-news-blog.com/2017/08/19/american-trust-investment-advisors-llc-purchases-new-stake-in-fibria-celulose-s-a-fbr-updated-updated.html.

FBR has been the topic of several analyst reports. Credit Suisse Group upgraded shares of Fibria Celulose from a “neutral” rating to an “outperform” rating in a research note on Friday, May 19th. ValuEngine downgraded shares of Fibria Celulose from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research upgraded shares of Fibria Celulose from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Monday, June 5th. J P Morgan Chase & Co upgraded shares of Fibria Celulose from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $10.00 to $13.50 in a research note on Wednesday, June 14th. Finally, BidaskClub downgraded shares of Fibria Celulose from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 14th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $12.75.

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).

Institutional Ownership by Quarter for Fibria Celulose (NYSE:FBR)

Receive News & Ratings for Fibria Celulose S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fibria Celulose S.A. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply