Man Group plc Acquires 5,291 Shares of Embraer S.A. (NYSE:ERJ)

Man Group plc lifted its holdings in Embraer S.A. (NYSE:ERJ - Free Report) by 3.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 168,345 shares of the aerospace company's stock after buying an additional 5,291 shares during the quarter. Man Group plc owned approximately 0.09% of Embraer worth $6,175,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ERJ. Jones Financial Companies Lllp bought a new position in Embraer during the 4th quarter worth $28,000. SPX Gestao de Recursos Ltda bought a new position in shares of Embraer during the fourth quarter worth about $37,000. Colonial Trust Co SC acquired a new stake in shares of Embraer in the 4th quarter worth about $42,000. Lindbrook Capital LLC lifted its position in Embraer by 32.9% in the 4th quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company's stock valued at $58,000 after purchasing an additional 389 shares during the last quarter. Finally, Venturi Wealth Management LLC bought a new stake in Embraer in the 4th quarter valued at about $71,000. 34.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wolfe Research restated a "peer perform" rating on shares of Embraer in a research note on Monday, March 24th. UBS Group restated a "sell" rating and issued a $39.00 target price (up from $35.00) on shares of Embraer in a research report on Thursday, April 24th. Wall Street Zen lowered Embraer from a "buy" rating to a "hold" rating in a research report on Monday, March 10th. Finally, The Goldman Sachs Group increased their price target on Embraer from $54.00 to $60.00 and gave the stock a "buy" rating in a research note on Monday, May 12th. One research 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 company. Based on data from MarketBeat, Embraer currently has an average rating of "Moderate Buy" and an average price target of $48.75.

Embraer Price Performance

NYSE ERJ traded up $0.08 on Monday, reaching $47.49. 730,078 shares of the stock traded hands, compared to its average volume of 1,531,706. The firm's fifty day simple moving average is $46.15 and its 200 day simple moving average is $42.73. Embraer S.A. has a 12 month low of $25.24 and a 12 month high of $56.61. The company has a market cap of $8.72 billion, a price-to-earnings ratio of 17.46 and a beta of 1.67. 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 posted its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.19. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.17 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. The firm's quarterly revenue was up 23.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.48) earnings per share. As a group, research analysts predict that Embraer S.A. will post 2.04 EPS for the current fiscal year.

Embraer Announces Dividend

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 of this dividend is Friday, May 16th. Embraer's dividend payout ratio is 1.85%.

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.