Stonehage Fleming Financial Services Holdings Ltd Takes Position in Embraer S.A. (NYSE:ERJ)

Stonehage Fleming Financial Services Holdings Ltd bought a new position in shares of Embraer S.A. (NYSE:ERJ) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,480 shares of the aerospace company’s stock, valued at approximately $384,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ERJ. Sei Investments Co. boosted its holdings in shares of Embraer by 30.4% during the 2nd quarter. Sei Investments Co. now owns 62,031 shares of the aerospace company’s stock worth $1,601,000 after buying an additional 14,458 shares during the period. AQR Capital Management LLC acquired a new position in Embraer during the 2nd quarter worth $448,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Embraer by 25.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,280 shares of the aerospace company’s stock valued at $59,000 after acquiring an additional 456 shares during the period. Sunbelt Securities Inc. acquired a new stake in shares of Embraer in the second quarter valued at about $41,000. Finally, Cetera Investment Advisers increased its stake in shares of Embraer by 30.4% in the second quarter. Cetera Investment Advisers now owns 58,457 shares of the aerospace company’s stock worth $1,508,000 after purchasing an additional 13,611 shares during the period. Institutional investors and hedge funds own 34.65% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on ERJ shares. UBS Group downgraded Embraer from a “neutral” rating to a “sell” rating and increased their target price for the company from $29.00 to $32.00 in a research note on Tuesday, November 19th. Bank of America boosted their target price on shares of Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. TD Cowen raised shares of Embraer to a “strong-buy” rating in a report on Thursday, December 19th. Finally, StockNews.com upgraded shares of Embraer from a “hold” rating to a “buy” rating in a report on Wednesday, December 25th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $37.43.

Embraer Trading Down 0.8 %

Shares of Embraer stock opened at $41.18 on Monday. Embraer S.A. has a 52-week low of $17.19 and a 52-week high of $41.90. The firm has a market capitalization of $7.56 billion, a PE ratio of 15.14 and a beta of 1.71. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.76. The company’s fifty day moving average price is $37.84 and its two-hundred day moving average price is $34.85.

Embraer (NYSE:ERJ) last posted its quarterly earnings results on Friday, November 8th. The aerospace company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.92. Embraer had a net margin of 8.24% and a return on equity of 11.61%. The firm had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the business posted $0.18 earnings per share. On average, analysts expect that Embraer S.A. will post 2.06 EPS for the current year.

About Embraer

Embraer SA designs, develops, manufactures, and sells aircraft and systems in North America, Latin America, the Asia Pacific, Brazil, Europe, and internationally. The company operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment designs, develops, manufactures, and sells commercial jets, as well as leases aircraft.