The stock of Fibria Celulose SA (ADR) (NYSE:FBR) is a huge mover today! About 848,322 shares traded hands. Fibria Celulose SA (ADR) (NYSE:FBR) has declined 0.98% since April 25, 2016 and is downtrending. It has underperformed by 6.99% the S&P500.
The move comes after 7 months positive chart setup for the $5.27B company. It was reported on Nov, 28 by Barchart.com. We have $9.53 PT which if reached, will make NYSE:FBR worth $210.80M more.
Fibria Celulose SA (ADR) (NYSE:FBR) Ratings Coverage
Out of 4 analysts covering Fibria Celulose (NYSE:FBR), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. Fibria Celulose has been the topic of 6 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was downgraded by Zacks on Monday, August 10 to “Buy”. Citigroup upgraded the shares of FBR in a report on Friday, October 9 to “Buy” rating. The stock has “Neutral” rating given by Goldman Sachs on Monday, December 14. The company was downgraded on Thursday, July 21 by Bank of America. Morgan Stanley upgraded it to “Equal Weight” rating and $14.70 target price in Friday, July 24 report.
According to Zacks Investment Research, “Fibria Celulose S.A., is a Brazil-based paper product company which produces bleached eucalyptus pulp exclusively from renewable plantations, which is mainly targeted to the main consumer markets and is also used for their own manufacturing of paper products. The Company’s paper products can be divided into three major categories: uncoated and coated printing and writing papers; carbonless papers and thermal papers. Coated printing and writing paper is used for promotional materials, folders, internal sheets and cover of magazines, books, tabloids, inserts and mailing. Uncoated printing and writing paper is used in reels, sheets and cut-size designed for maximum performance in photocopying machines and laser and inkjet printers, and alkaline offset paper. Carbonless paper is used in producing multi-copy forms for credit card receipts, invoices and other applications. Thermal paper is used in fax machines, supermarket receipts, bar code labels, toll tickets and receipts for automated teller machines.”
Insitutional Activity: The institutional sentiment increased to 0.99 in Q2 2016. Its up 0.10, from 0.89 in 2016Q1. The ratio improved, as 35 funds sold all Fibria Celulose SA (ADR) shares owned while 39 reduced positions. 20 funds bought stakes while 46 increased positions. They now own 33.90 million shares or 18.52% more from 28.60 million shares in 2016Q1.
Sensato Ltd Com accumulated 0.13% or 122,700 shares. Scopus Asset Mngmt Limited Partnership holds 276,000 shares or 0.02% of its portfolio. Guggenheim Cap Limited Liability Corp reported 277,857 shares or 0.01% of all its holdings. Nomura Inc last reported 0% of its portfolio in the stock. Moreover, Dimensional Fund Advsr Ltd Partnership has 0.02% invested in Fibria Celulose SA (ADR) (NYSE:FBR) for 5.90M shares. Rhumbline Advisers holds 30,615 shares or 0% of its portfolio. Blackrock Gp holds 1.35 million shares or 0% of its portfolio. Grace & White has invested 0.86% of its portfolio in Fibria Celulose SA (ADR) (NYSE:FBR). Susquehanna Grp Llp last reported 0% of its portfolio in the stock. Bancorp Of Montreal Can has invested 0% of its portfolio in Fibria Celulose SA (ADR) (NYSE:FBR). Fincl Architects accumulated 0% or 12 shares. Hanson And Doremus Mngmt, a Vermont-based fund reported 1,009 shares. Allianz Asset Mgmt Ag has 148,914 shares for 0% of their US portfolio. Dekabank Deutsche Girozentrale reported 2,370 shares or 0% of all its holdings. Tiaa Cref Inv Mngmt Llc accumulated 0% or 66,015 shares.
Insider Transactions: Since June 3, 2016, the stock had 1 insider purchase, and 0 sales for $251,516 net activity. 18,516 Fibria Celulose SA (ADR) (NYSE:FBR) shares with value of $251,516 were bought by BILLINGS ERIC F.
More news for Fibria Celulose SA (ADR) (NYSE:FBR) were recently published by: Marketwatch.com, which released: “Fibria Celulose SA ADR” on December 21, 2009. Quotes.Wsj.com‘s article titled: “DOW JONES, A NEWS CORP COMPANY” and published on February 11, 2011 is yet another important article.
FBR Company Profile
Fibria Celulose S.A. (Fibria), incorporated on July 25, 1941, is a pulp and paper producer. The Company’s activities are focused on the renewable and sustainable forests and the manufacture and sale of bleached eucalyptus kraft pulp. Forests in formation are located in the states of Sao Paulo, Mato Grosso do Sul, Minas Gerais, Rio de Janeiro, Espirito Santo, Bahia and Rio Grande do Sul. The Company’s segment is engaged in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz (State of EspÃrito Santo), Tres Lagoas (State of Mato Grosso do Sul), JacareÃ (State of Sao Paulo) and Veracel (State of Bahia). The Firm has approximately 970 thousand hectares (owned and leased, excluding the forestry partnership program areas, the forest base linked to the sale of forest assets in Southern Bahia State and Losango) located in over seven Brazilian states. Approximately 570 thousand hectares of its total forestry land consisted of planted areas, approximately 340 thousand hectares of conservation areas with native vegetation, or preserved areas, and over 60 thousand hectares related to other uses, such as roads. The Firm produces bleached eucalyptus kraft pulp at three pulp mills, which include Aracruz mill, Tres Lagoas pulp mill and Jacarei pulp mill.
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