Barclays PLC Purchases New Shares in Embraer S.A. (NYSE:ERJ)

Barclays PLC acquired a new stake in Embraer S.A. (NYSE:ERJ - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,847 shares of the aerospace company's stock, valued at approximately $471,000.

A number of other large investors also recently bought and sold shares of ERJ. Jones Financial Companies Lllp acquired a new position in Embraer in the 4th quarter valued at about $28,000. SPX Gestao de Recursos Ltda acquired a new stake in Embraer during the 4th quarter worth approximately $37,000. Lindbrook Capital LLC increased its position in shares of Embraer by 32.9% during the fourth quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company's stock worth $58,000 after acquiring an additional 389 shares during the period. Venturi Wealth Management LLC purchased a new stake in shares of Embraer during the fourth quarter worth $71,000. Finally, Edmond DE Rothschild Holding S.A. raised its stake in shares of Embraer by 71.9% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 1,934 shares of the aerospace company's stock valued at $71,000 after acquiring an additional 809 shares in the last quarter. Institutional investors and hedge funds own 34.65% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ERJ shares. Wolfe Research restated a "peer perform" rating on shares of Embraer in a report on Monday, March 24th. StockNews.com cut shares of Embraer from a "buy" rating to a "hold" rating in a report on Monday, March 10th. UBS Group reiterated a "sell" rating and set a $39.00 price target (up previously from $35.00) on shares of Embraer in a report on Thursday, April 24th. Finally, The Goldman Sachs Group increased their price objective on shares of Embraer from $54.00 to $60.00 and gave the company a "buy" rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $48.75.

Embraer Stock Up 2.8%

ERJ stock traded up $1.35 during trading on Tuesday, hitting $49.40. 1,751,355 shares of the company's stock were exchanged, compared to its average volume of 1,580,760. The business has a 50-day moving average price of $46.74 and a two-hundred day moving average price of $41.82. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $9.07 billion, a price-to-earnings ratio of 18.16 and a beta of 1.67. Embraer S.A. has a 52-week low of $25.24 and a 52-week high of $56.61.

Embraer (NYSE:ERJ - Get Free Report) last issued its earnings results on Tuesday, May 6th. The aerospace company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.19. Embraer had a net margin of 8.24% and a return on equity of 11.61%. The business had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.17 billion. During the same quarter in the prior year, the business posted ($0.48) EPS. The company's revenue for the quarter was up 23.0% on a year-over-year basis. As a group, equities research analysts expect that Embraer S.A. will post 2.04 EPS for the current year.

Embraer Dividend Announcement

The company also recently announced a -- dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, May 16th will be issued a $0.049 dividend. The ex-dividend date is Friday, May 16th. Embraer's payout ratio is currently 1.85%.

Embraer Company Profile

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.