Baader Bank Aktiengesellschaft Boosts Stake in Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ)

Baader Bank Aktiengesellschaft lifted its holdings in shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Free Report) by 56.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,669 shares of the aerospace company's stock after buying an additional 5,669 shares during the period. Baader Bank Aktiengesellschaft's holdings in Embraer-Empresa Brasileira de Aeronautica were worth $713,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of ERJ. Jennison Associates LLC lifted its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 215.7% in the 1st quarter. Jennison Associates LLC now owns 4,126,160 shares of the aerospace company's stock valued at $190,629,000 after purchasing an additional 2,819,306 shares during the period. Gilder Gagnon Howe & Co. LLC boosted its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 19.0% during the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 2,439,060 shares of the aerospace company's stock worth $89,465,000 after buying an additional 390,094 shares in the last quarter. Invesco Ltd. grew its position in shares of Embraer-Empresa Brasileira de Aeronautica by 17,140.6% during the 4th quarter. Invesco Ltd. now owns 1,235,635 shares of the aerospace company's stock worth $45,323,000 after buying an additional 1,228,468 shares during the period. AQR Capital Management LLC increased its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 104.4% in the 4th quarter. AQR Capital Management LLC now owns 795,528 shares of the aerospace company's stock valued at $28,909,000 after acquiring an additional 406,384 shares in the last quarter. Finally, Nicholas Investment Partners LP lifted its position in shares of Embraer-Empresa Brasileira de Aeronautica by 11.0% during the 4th quarter. Nicholas Investment Partners LP now owns 648,085 shares of the aerospace company's stock valued at $23,772,000 after acquiring an additional 64,098 shares during the period. 34.65% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. HSBC raised shares of Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "buy" rating and lifted their price target for the company from $45.00 to $57.00 in a research note on Wednesday, June 4th. UBS Group reaffirmed a "sell" rating and set a $39.00 price target (up from $35.00) on shares of Embraer-Empresa Brasileira de Aeronautica in a research note on Thursday, April 24th. The Goldman Sachs Group boosted their price objective on Embraer-Empresa Brasileira de Aeronautica from $54.00 to $60.00 and gave the company a "buy" rating in a report on Monday, May 12th. Wolfe Research upgraded Embraer-Empresa Brasileira de Aeronautica from a "peer perform" rating to an "outperform" rating and set a $64.00 target price on the stock in a report on Thursday. Finally, Hsbc Global Res upgraded shares of Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 4th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Embraer-Empresa Brasileira de Aeronautica presently has an average rating of "Moderate Buy" and an average price target of $52.67.

Embraer-Empresa Brasileira de Aeronautica Stock Performance

Shares of NYSE ERJ traded up $2.73 during midday trading on Thursday, reaching $57.56. The company's stock had a trading volume of 6,436,703 shares, compared to its average volume of 2,659,351. The stock has a market capitalization of $10.57 billion, a P/E ratio of 26.65 and a beta of 1.72. The firm has a 50 day moving average price of $51.65 and a 200-day moving average price of $47.47. 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 has a 12-month low of $26.04 and a 12-month high of $61.65.

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

Embraer-Empresa Brasileira de Aeronautica Announces Dividend

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 of this dividend was Friday, May 16th. Embraer-Empresa Brasileira de Aeronautica's payout ratio is presently 2.31%.

About Embraer-Empresa Brasileira de Aeronautica

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.