Investors Buy Large Volume of Call Options on Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ)

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) saw some unusual options trading on Thursday. Traders bought 6,437 call options on the stock. This is an increase of 203% compared to the typical volume of 2,124 call options.

Institutional Investors Weigh In On Embraer-Empresa Brasileira de Aeronautica

A number of institutional investors have recently added to or reduced their stakes in ERJ. WPG Advisers LLC acquired a new stake in Embraer-Empresa Brasileira de Aeronautica in the first quarter worth approximately $25,000. Jones Financial Companies Lllp acquired a new stake in Embraer-Empresa Brasileira de Aeronautica in the fourth quarter worth approximately $28,000. Colonial Trust Co SC acquired a new stake in Embraer-Empresa Brasileira de Aeronautica in the fourth quarter worth approximately $42,000. Edmond DE Rothschild Holding S.A. lifted its position in Embraer-Empresa Brasileira de Aeronautica by 71.9% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 1,934 shares of the aerospace company's stock worth $71,000 after purchasing an additional 809 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Embraer-Empresa Brasileira de Aeronautica by 241.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,766 shares of the aerospace company's stock worth $82,000 after purchasing an additional 1,249 shares during the period. 34.65% of the stock is currently owned by institutional investors and hedge funds.

Embraer-Empresa Brasileira de Aeronautica Stock Performance

ERJ stock traded down $0.64 on Friday, reaching $53.90. The company's stock had a trading volume of 2,358,756 shares, compared to its average volume of 1,510,979. Embraer-Empresa Brasileira de Aeronautica has a 52 week low of $26.04 and a 52 week high of $61.65. The company has a market capitalization of $9.90 billion, a P/E ratio of 24.95 and a beta of 1.72. The firm has a fifty day moving average of $50.98 and a two-hundred day moving average of $46.29. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.32 and a quick ratio of 0.59.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.19. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.17 billion. Embraer-Empresa Brasileira de Aeronautica had a return on equity of 16.43% and a net margin of 6.02%. The business's revenue for the quarter was up 23.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.48) EPS. As a group, analysts predict that Embraer-Empresa Brasileira de Aeronautica will post 2.04 EPS for the current fiscal year.

Embraer-Empresa Brasileira de Aeronautica Announces Dividend

The company also recently announced a -- dividend, which was paid on Monday, June 2nd. Shareholders of record on Friday, May 16th were given a $0.049 dividend. The ex-dividend date of this dividend was Friday, May 16th. Embraer-Empresa Brasileira de Aeronautica's dividend payout ratio (DPR) is 2.31%.

Analysts Set New Price Targets

ERJ has been the subject of several recent research reports. Hsbc Global Res raised Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 4th. Wolfe Research reaffirmed a "peer perform" rating on shares of Embraer-Empresa Brasileira de Aeronautica in a report on Monday, March 24th. UBS Group reaffirmed a "sell" rating and set a $39.00 target price (up from $35.00) on shares of Embraer-Empresa Brasileira de Aeronautica in a report on Thursday, April 24th. HSBC raised Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "buy" rating and increased their price objective for the stock from $45.00 to $57.00 in a report on Wednesday, June 4th. Finally, The Goldman Sachs Group increased their price objective on Embraer-Empresa Brasileira de Aeronautica from $54.00 to $60.00 and gave the stock a "buy" rating in a report on Monday, May 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, three have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $50.40.

Embraer-Empresa Brasileira de Aeronautica 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.