Diversify Wealth Management LLC Purchases 5,061 Shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ)

Diversify Wealth Management LLC lifted its position in Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Free Report) by 13.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 43,950 shares of the aerospace company's stock after purchasing an additional 5,061 shares during the quarter. Diversify Wealth Management LLC's holdings in Embraer-Empresa Brasileira de Aeronautica were worth $2,004,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. US Bancorp DE grew its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 13.4% in the 4th quarter. US Bancorp DE now owns 3,336 shares of the aerospace company's stock worth $122,000 after purchasing an additional 395 shares during the last quarter. Townsquare Capital LLC grew its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 1.7% in the 4th quarter. Townsquare Capital LLC now owns 26,461 shares of the aerospace company's stock worth $971,000 after purchasing an additional 454 shares during the last quarter. Stifel Financial Corp grew its holdings in Embraer-Empresa Brasileira de Aeronautica 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 last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in Embraer-Empresa Brasileira de Aeronautica by 5.3% during the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 12,312 shares of the aerospace company's stock worth $569,000 after acquiring an additional 624 shares during the last quarter. Finally, Jones Financial Companies Lllp bought a new stake in Embraer-Empresa Brasileira de Aeronautica during the 4th quarter worth about $28,000. Institutional investors own 34.65% of the company's stock.

Wall Street Analyst Weigh In

ERJ has been the topic of a number of research analyst reports. Hsbc Global Res raised shares of Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "strong-buy" rating in a report on Wednesday, June 4th. HSBC raised shares of 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. Wolfe Research reissued a "peer perform" rating on shares of Embraer-Empresa Brasileira de Aeronautica in a report on Monday, March 24th. The Goldman Sachs Group increased their price objective on shares of 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. Finally, UBS Group restated a "sell" rating and set a $39.00 target price (up from $35.00) on shares of Embraer-Empresa Brasileira de Aeronautica in a research report on Thursday, April 24th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, Embraer-Empresa Brasileira de Aeronautica currently has a consensus rating of "Moderate Buy" and a consensus target price of $50.40.

Embraer-Empresa Brasileira de Aeronautica Trading Down 1.2%

Shares of NYSE ERJ traded down $0.64 during mid-day trading on Friday, hitting $53.90. The company's stock had a trading volume of 2,358,756 shares, compared to its average volume of 1,510,448. The stock has a market cap of $9.90 billion, a price-to-earnings ratio of 24.95 and a beta of 1.72. 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 one year low of $26.04 and a one year high of $61.65. The company's fifty day simple moving average is $50.98 and its 200-day simple moving average is $46.16.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) last issued its earnings results 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. Embraer-Empresa Brasileira de Aeronautica had a net margin of 6.02% and a return on equity of 16.43%. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.17 billion. During the same quarter last year, the firm earned ($0.48) EPS. The company's revenue for the quarter was up 23.0% on a year-over-year basis. On average, sell-side analysts anticipate that Embraer-Empresa Brasileira de Aeronautica will post 2.04 earnings per share for the current fiscal year.

Embraer-Empresa Brasileira de Aeronautica Dividend Announcement

The company also recently disclosed a -- dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 16th were paid a dividend of $0.049 per share. The ex-dividend date was Friday, May 16th. Embraer-Empresa Brasileira de Aeronautica's payout ratio is 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.