Morgan Stanley Has $4.57 Million Position in Fibria Celulose S.A. (FBR)

Morgan Stanley decreased its position in shares of Fibria Celulose S.A. (NYSE:FBR) by 48.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 500,494 shares of the basic materials company’s stock after selling 466,355 shares during the period. Morgan Stanley owned about 0.09% of Fibria Celulose worth $4,574,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Lazard Asset Management LLC increased its position in Fibria Celulose by 66.9% in the first quarter. Lazard Asset Management LLC now owns 30,920 shares of the basic materials company’s stock worth $282,000 after buying an additional 12,389 shares during the period. Vanguard Group Inc. increased its position in 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 worth $13,072,000 after buying an additional 118,800 shares during the period. Partners Value Investments LP bought a new position in Fibria Celulose during the first quarter worth about $5,945,000. FMR LLC increased its position in Fibria Celulose by 1.5% in the first quarter. FMR LLC now owns 4,973,800 shares of the basic materials company’s stock worth $45,461,000 after buying an additional 71,500 shares during the period. Finally, Alliancebernstein L.P. increased its position in Fibria Celulose by 161.1% in the first quarter. Alliancebernstein L.P. now owns 323,333 shares of the basic materials company’s stock worth $2,955,000 after buying an additional 199,509 shares during the period. Institutional investors and hedge funds own 6.14% of the company’s stock.

Shares of Fibria Celulose S.A. (FBR) traded up 3.55% during trading on Friday, hitting $11.38. The stock had a trading volume of 477,444 shares. Fibria Celulose S.A. has a 52-week low of $6.18 and a 52-week high of $11.95. The firm’s market cap is $6.34 billion. The stock has a 50 day moving average of $10.48 and a 200 day moving average of $9.72.

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A number of research firms have issued reports on FBR. BidaskClub upgraded Fibria Celulose from a “hold” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research downgraded Fibria Celulose from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. TheStreet downgraded Fibria Celulose from a “c” rating to a “d+” rating in a research note on Wednesday, July 26th. J P Morgan Chase & Co upgraded Fibria Celulose from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $10.00 to $13.50 in a research note on Wednesday, June 14th. Finally, ValuEngine downgraded Fibria Celulose from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus 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)

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