MBA Advisors LLC Makes New $413,000 Investment in Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ)

MBA Advisors LLC purchased a new position in Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,930 shares of the aerospace company's stock, valued at approximately $413,000.

Several other institutional investors also recently added to or reduced their stakes in ERJ. Jones Financial Companies Lllp bought a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter valued at about $28,000. SPX Gestao de Recursos Ltda purchased a new stake in Embraer-Empresa Brasileira de Aeronautica during the 4th quarter worth approximately $37,000. Colonial Trust Co SC purchased a new stake in Embraer-Empresa Brasileira de Aeronautica during the 4th quarter worth approximately $42,000. Lindbrook Capital LLC grew its position in Embraer-Empresa Brasileira de Aeronautica by 32.9% during 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 during the last quarter. Finally, Edmond DE Rothschild Holding S.A. grew its position in Embraer-Empresa Brasileira de Aeronautica by 71.9% during the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 1,934 shares of the aerospace company's stock worth $71,000 after purchasing an additional 809 shares during the last quarter. Hedge funds and other institutional investors own 34.65% of the company's stock.

Embraer-Empresa Brasileira de Aeronautica Price Performance

NYSE:ERJ traded down $1.12 during trading hours on Monday, reaching $59.90. 1,893,997 shares of the company were exchanged, compared to its average volume of 1,493,685. The company has a current ratio of 1.32, a quick ratio of 0.59 and a debt-to-equity ratio of 0.56. The stock's 50-day moving average is $49.86 and its 200-day moving average is $45.57. The firm has a market cap of $11.00 billion, a PE ratio of 27.73 and a beta of 1.72. Embraer-Empresa Brasileira de Aeronautica has a twelve month low of $26.04 and a twelve month high of $61.70.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $1.17 billion. During the same period in the prior year, the business posted ($0.48) earnings per share. The firm'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 issued a $0.049 dividend. The ex-dividend date was Friday, May 16th. Embraer-Empresa Brasileira de Aeronautica's dividend payout ratio is currently 2.31%.

Wall Street Analyst Weigh In

Several brokerages have commented on ERJ. The Goldman Sachs Group lifted their price objective on shares of Embraer-Empresa Brasileira de Aeronautica from $54.00 to $60.00 and gave the company a "buy" rating in a research note on Monday, May 12th. Wall Street Zen lowered Embraer-Empresa Brasileira de Aeronautica from a "buy" rating to a "hold" rating in a report on Monday, March 10th. UBS Group reaffirmed a "sell" rating and set a $39.00 target price (up from $35.00) on shares of Embraer-Empresa Brasileira de Aeronautica in a report on Thursday, April 24th. Wolfe Research reiterated a "peer perform" rating on shares of Embraer-Empresa Brasileira de Aeronautica in a research note on Monday, March 24th. Finally, HSBC upgraded shares of Embraer-Empresa Brasileira de Aeronautica from a "hold" rating to a "buy" rating and boosted their target price for the company from $45.00 to $57.00 in a research note on Wednesday, June 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Embraer-Empresa Brasileira de Aeronautica currently has a consensus rating of "Moderate Buy" and an average price target of $50.40.

Embraer-Empresa Brasileira de Aeronautica 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.