159,433 Shares in Embraer S.A. (NYSE:ERJ) Bought by Bearing Point Capital LLC

Bearing Point Capital LLC purchased a new position in shares of Embraer S.A. (NYSE:ERJ - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 159,433 shares of the aerospace company's stock, valued at approximately $5,848,000. Embraer accounts for approximately 1.2% of Bearing Point Capital LLC's investment portfolio, making the stock its 29th biggest holding. Bearing Point Capital LLC owned approximately 0.09% of Embraer as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Ballentine Partners LLC lifted its stake in Embraer by 4.0% in the fourth quarter. Ballentine Partners LLC now owns 7,614 shares of the aerospace company's stock valued at $279,000 after acquiring an additional 296 shares during the last quarter. LVW Advisors LLC lifted its stake in shares of Embraer by 3.3% in the 4th quarter. LVW Advisors LLC now owns 10,660 shares of the aerospace company's stock valued at $391,000 after purchasing an additional 340 shares during the last quarter. Lindbrook Capital LLC boosted its holdings in Embraer by 32.9% in the fourth quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company's stock worth $58,000 after purchasing an additional 389 shares in the last quarter. US Bancorp DE increased its position in Embraer by 13.4% during the fourth quarter. US Bancorp DE now owns 3,336 shares of the aerospace company's stock worth $122,000 after buying an additional 395 shares during the last quarter. Finally, Townsquare Capital LLC raised its holdings in Embraer by 1.7% during the fourth quarter. Townsquare Capital LLC now owns 26,461 shares of the aerospace company's stock valued at $971,000 after buying an additional 454 shares in the last quarter. 34.65% of the stock is owned by hedge funds and other institutional investors.

Embraer Stock Performance

Shares of ERJ stock traded down $0.12 during trading hours on Tuesday, reaching $46.45. 2,146,102 shares of the company's stock were exchanged, compared to its average volume of 1,579,844. Embraer S.A. has a fifty-two week low of $25.24 and a fifty-two week high of $56.61. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $8.53 billion, a P/E ratio of 17.08 and a beta of 1.67. The business has a fifty day moving average price of $46.90 and a 200-day moving average price of $41.40.

Embraer (NYSE:ERJ - Get Free Report) last released its earnings results on Thursday, February 27th. The aerospace company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.47 by $0.47. Embraer had a net margin of 8.24% and a return on equity of 11.61%. The firm had revenue of $2.31 billion during the quarter, compared to analysts' expectations of $2.21 billion. Analysts predict that Embraer S.A. will post 2.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on ERJ shares. UBS Group reiterated a "sell" rating and set a $39.00 price target (up previously from $35.00) on shares of Embraer in a research note on Thursday, April 24th. Wolfe Research reiterated a "peer perform" rating on shares of Embraer in a report on Monday, March 24th. The Goldman Sachs Group lifted their price target on shares of Embraer from $44.00 to $50.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Finally, StockNews.com lowered shares of Embraer from a "buy" rating to a "hold" rating in a research note on Monday, March 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Embraer has a consensus rating of "Moderate Buy" and a consensus target price of $46.25.

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.