Daiwa Securities Group Inc. boosted its stake in Fibria Celulose S.A. (NYSE:FBR) by 98.3% during the second quarter, Holdings Channel reports. The firm owned 93,200 shares of the basic materials company’s stock after buying an additional 46,200 shares during the period. Daiwa Securities Group Inc.’s holdings in Fibria Celulose were worth $947,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of FBR. Two Sigma Securities LLC purchased a new stake in shares of Fibria Celulose during the first quarter valued at about $107,000. Virtu Financial LLC purchased a new stake in shares of Fibria Celulose during the first quarter valued at about $113,000. Teza Capital Management LLC purchased a new stake in shares of Fibria Celulose during the first quarter valued at about $151,000. Tower Research Capital LLC TRC raised its stake in shares of Fibria Celulose by 6,485.4% in the first quarter. Tower Research Capital LLC TRC now owns 18,439 shares of the basic materials company’s stock valued at $169,000 after buying an additional 18,159 shares during the period. Finally, Sensato Investors LLC purchased a new stake in shares of Fibria Celulose during the first quarter valued at about $246,000. 6.14% of the stock is owned by hedge funds and other institutional investors.

Shares of Fibria Celulose S.A. (NYSE:FBR) opened at 10.99 on Friday. Fibria Celulose S.A. has a 1-year low of $6.18 and a 1-year high of $11.95. The company’s market cap is $6.13 billion. The stock has a 50 day moving average price of $10.48 and a 200-day moving average price of $9.72.

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Several equities research analysts have issued reports on the company. ValuEngine lowered Fibria Celulose from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub lowered Fibria Celulose from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 14th. Credit Suisse Group raised Fibria Celulose from a “neutral” rating to an “outperform” rating in a research note on Friday, May 19th. Zacks Investment Research lowered Fibria Celulose from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Finally, TheStreet lowered Fibria Celulose from a “c” rating to a “d+” rating in a research note on Wednesday, July 26th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $12.75.

Fibria Celulose 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).

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

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