Embraer S.A. (NYSE:ERJ) Shares Sold by OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in shares of Embraer S.A. (NYSE:ERJ - Free Report) by 49.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 108,550 shares of the aerospace company's stock after selling 104,220 shares during the quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.06% of Embraer worth $3,982,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its stake in shares of Embraer by 5.3% during the fourth quarter. Principal Financial Group Inc. now owns 177,602 shares of the aerospace company's stock worth $6,514,000 after buying an additional 8,938 shares during the period. Ninety One North America Inc. increased its holdings in Embraer by 14.5% in the fourth quarter. Ninety One North America Inc. now owns 84,451 shares of the aerospace company's stock valued at $3,098,000 after buying an additional 10,665 shares in the last quarter. QRG Capital Management Inc. acquired a new stake in shares of Embraer during the 4th quarter valued at approximately $243,000. Truist Financial Corp lifted its position in shares of Embraer by 8.1% during the 4th quarter. Truist Financial Corp now owns 6,298 shares of the aerospace company's stock valued at $231,000 after acquiring an additional 470 shares during the period. Finally, Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of Embraer during the 4th quarter worth approximately $384,000. Institutional investors and hedge funds own 34.65% of the company's stock.

Embraer Price Performance

Shares of NYSE:ERJ opened at $48.04 on Tuesday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.56. The business's fifty day moving average price is $46.74 and its two-hundred day moving average price is $41.82. The stock has a market cap of $8.82 billion, a PE ratio of 17.66 and a beta of 1.67. Embraer S.A. has a one year low of $25.24 and a one year high of $56.61.

Embraer (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, beating the consensus estimate of $0.21 by $0.19. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.17 billion. Embraer had a return on equity of 11.61% and a net margin of 8.24%. The business's revenue was up 23.0% on a year-over-year basis. During the same period in the prior year, the business earned ($0.48) earnings per share. On average, analysts forecast that Embraer S.A. will post 2.04 EPS for the current fiscal year.

Embraer Dividend Announcement

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

Analyst Ratings Changes

ERJ has been the subject of several research reports. UBS Group reaffirmed a "sell" rating and set a $39.00 price objective (up from $35.00) on shares of Embraer in a report on Thursday, April 24th. The Goldman Sachs Group raised their price target on Embraer from $54.00 to $60.00 and gave the company a "buy" rating in a research report on Monday. StockNews.com lowered shares of Embraer from a "buy" rating to a "hold" rating in a research report on Monday, March 10th. Finally, Wolfe Research reissued a "peer perform" rating on shares of Embraer in a research note on Monday, March 24th. One analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $48.75.

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.

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