Embraer S.A. (NYSE:ERJ) Shares Acquired by FIL Ltd

FIL Ltd boosted its stake in shares of Embraer S.A. (NYSE:ERJ - Free Report) by 153.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 109,573 shares of the aerospace company's stock after buying an additional 66,264 shares during the period. FIL Ltd owned approximately 0.06% of Embraer worth $4,019,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Jones Financial Companies Lllp bought a new stake in shares of Embraer in the 4th quarter worth about $28,000. SPX Gestao de Recursos Ltda purchased a new stake in Embraer in the 4th quarter worth about $37,000. Lindbrook Capital LLC lifted its stake 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 during the last quarter. Venturi Wealth Management LLC purchased a new position in shares of Embraer during the fourth quarter valued at approximately $71,000. Finally, Edmond DE Rothschild Holding S.A. grew its stake in shares of Embraer by 71.9% during 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 buying an additional 809 shares during the last quarter. 34.65% of the stock is currently owned by institutional investors.

Embraer Stock Up 2.3 %

Shares of Embraer stock traded up $1.00 during trading on Friday, hitting $43.56. 1,389,701 shares of the stock traded hands, compared to its average volume of 1,620,203. 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's fifty day simple moving average is $46.28 and its 200 day simple moving average is $40.34. The firm has a market cap of $8.00 billion, a P/E ratio of 16.01 and a beta of 1.36. Embraer S.A. has a 52-week low of $23.57 and a 52-week high of $56.61.

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

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ERJ. Wolfe Research restated a "peer perform" rating on shares of Embraer in a report on Monday, March 24th. TD Cowen raised shares of Embraer to a "strong-buy" rating in a research note on Thursday, December 19th. StockNews.com downgraded shares of Embraer from a "buy" rating to a "hold" rating in a research note on Monday, March 10th. Finally, The Goldman Sachs Group boosted their price objective 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. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $44.50.

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.