138,600 Shares in Embraer S.A. (NYSE:ERJ) Acquired by Aubrey Capital Management Ltd

Aubrey Capital Management Ltd acquired a new position in shares of Embraer S.A. (NYSE:ERJ - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 138,600 shares of the aerospace company's stock, valued at approximately $6,403,000. Embraer accounts for 2.6% of Aubrey Capital Management Ltd's holdings, making the stock its 10th largest holding. Aubrey Capital Management Ltd owned approximately 0.08% of Embraer at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Lindbrook Capital LLC raised its stake in Embraer by 32.9% in the 4th 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 raised its position in shares of Embraer by 13.4% in the fourth quarter. US Bancorp DE now owns 3,336 shares of the aerospace company's stock valued at $122,000 after buying an additional 395 shares in the last quarter. Townsquare Capital LLC boosted its stake in shares of Embraer by 1.7% in 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 during the period. Truist Financial Corp grew its position in Embraer by 8.1% during the fourth quarter. Truist Financial Corp now owns 6,298 shares of the aerospace company's stock worth $231,000 after buying an additional 470 shares in the last quarter. Finally, Stifel Financial Corp increased its stake in Embraer by 0.8% during the 4th quarter. Stifel Financial Corp now owns 75,785 shares of the aerospace company's stock worth $2,780,000 after acquiring an additional 566 shares during the period. Institutional investors and hedge funds own 34.65% of the company's stock.

Embraer Trading Up 5.7%

Embraer stock traded up $2.77 during trading hours on Monday, hitting $51.06. The stock had a trading volume of 2,065,605 shares, compared to its average volume of 1,500,058. The business's 50 day simple moving average is $46.20 and its 200-day simple moving average is $43.67. Embraer S.A. has a one year low of $25.24 and a one year high of $56.61. The stock has a market cap of $9.38 billion, a price-to-earnings ratio of 18.77 and a beta of 1.68. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 0.74.

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 analysts' consensus estimates of $0.21 by $0.19. Embraer had a net margin of 8.24% and a return on equity of 11.61%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same quarter last year, the business earned ($0.48) EPS. The firm's quarterly revenue was up 23.0% on a year-over-year basis. On average, equities analysts predict that Embraer S.A. will post 2.04 EPS for the current fiscal year.

Embraer Dividend Announcement

The business also recently announced a -- dividend, which was paid on Monday, June 2nd. Shareholders of record on Friday, May 16th were issued a dividend of $0.049 per share. The ex-dividend date was Friday, May 16th. Embraer's payout ratio is presently 1.85%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ERJ. UBS Group reissued a "sell" rating and set a $39.00 target price (up from $35.00) on shares of Embraer in a report on Thursday, April 24th. Hsbc Global Res raised shares of Embraer from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 4th. The Goldman Sachs Group upped their price target on shares of Embraer from $54.00 to $60.00 and gave the stock a "buy" rating in a report on Monday, May 12th. HSBC upgraded Embraer from a "hold" rating to a "buy" rating and upped their target price for the stock from $45.00 to $57.00 in a research note on Wednesday, June 4th. Finally, Wall Street Zen lowered Embraer from a "buy" rating to a "hold" rating in a research note on Monday, March 10th. One 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 stock. Based on data from MarketBeat, Embraer presently has a consensus rating of "Moderate Buy" and a consensus price target of $50.40.

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.