US Bancorp DE maintained its position in shares of Fibria Celulose S.A. (NYSE:FBR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,721 shares of the basic materials company’s stock at the end of the second quarter. US Bancorp DE’s holdings in Fibria Celulose were worth $637,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Virtu Financial LLC acquired a new position in shares of Fibria Celulose during the first quarter worth approximately $113,000. Advisory Services Network LLC acquired a new position in shares of Fibria Celulose during the first quarter worth approximately $1,010,000. Comerica Bank boosted its position in shares of Fibria Celulose 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. World Asset Management Inc boosted its position in shares of Fibria Celulose 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. Finally, Teza Capital Management LLC acquired a new position in shares of Fibria Celulose during the first quarter worth approximately $151,000. Institutional investors own 5.83% of the company’s stock.

Fibria Celulose S.A. (NYSE FBR) traded up 0.303% during trading on Tuesday, hitting $11.585. 368,957 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $10.54 and a 200 day moving average price of $9.74. The company’s market cap is $6.46 billion. Fibria Celulose S.A. has a 52-week low of $6.18 and a 52-week high of $11.95.

WARNING: This story was reported by Watch List News and is owned by of Watch List News. If you are reading this story on another website, it was copied illegally and reposted in violation of US and international copyright & trademark legislation. The original version of this story can be accessed at https://www.watchlistnews.com/us-bancorp-de-has-637000-stake-in-fibria-celulose-s-a-fbr/1491080.html.

FBR has been the topic of a number of analyst reports. Credit Suisse Group upgraded shares of Fibria Celulose from a “neutral” rating to an “outperform” rating in a research report on Friday, May 19th. ValuEngine cut shares of Fibria Celulose from a “buy” rating to a “hold” rating in a research report 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 report on Monday, June 5th. J P Morgan Chase & Co upgraded shares of Fibria Celulose from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $10.00 to $13.50 in a research report on Wednesday, June 14th. Finally, BidaskClub cut shares of Fibria Celulose from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 14th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Fibria Celulose currently 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).

Want to see what other hedge funds are holding FBR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fibria Celulose S.A. (NYSE:FBR).

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 Analyst Ratings Network's FREE daily email newsletter.