Eisler Capital Management Ltd. Purchases New Holdings in Embraer S.A. (NYSE:ERJ)

Eisler Capital Management Ltd. purchased a new position in shares of Embraer S.A. (NYSE:ERJ - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 26,250 shares of the aerospace company's stock, valued at approximately $988,000.

Other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp acquired a new position in Embraer during the fourth quarter worth approximately $28,000. SPX Gestao de Recursos Ltda acquired a new position in Embraer during the fourth quarter worth approximately $37,000. Colonial Trust Co SC acquired a new position in Embraer during the fourth quarter worth approximately $42,000. Lindbrook Capital LLC increased its position in 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 buying an additional 389 shares during the last quarter. Finally, Venturi Wealth Management LLC acquired a new position in Embraer during the fourth quarter worth approximately $71,000. Institutional investors and hedge funds own 34.65% of the company's stock.

Embraer Stock Performance

Shares of NYSE:ERJ traded down $0.17 during trading on Monday, reaching $48.04. 1,207,270 shares of the stock were exchanged, compared to its average volume of 1,580,078. Embraer S.A. has a 12 month low of $25.24 and a 12 month high of $56.61. The firm has a market cap of $8.82 billion, a PE ratio of 17.66 and a beta of 1.67. The stock has a 50-day moving average price of $46.74 and a 200-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.

Embraer (NYSE:ERJ - Get Free Report) last issued its quarterly 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. The business had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.17 billion. Embraer had a return on equity of 11.61% and a net margin of 8.24%. The firm's revenue for the quarter was up 23.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.48) earnings per share. Research analysts expect that Embraer S.A. will post 2.04 EPS for the current fiscal year.

Embraer Dividend Announcement

The business also recently declared a -- dividend, which will be paid on Monday, June 2nd. Investors of record on Friday, May 16th will be paid a $0.049 dividend. The ex-dividend date is Friday, May 16th. Embraer's dividend payout ratio (DPR) is currently 1.85%.

Analyst Ratings Changes

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

Embraer 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.