Quantinno Capital Management LP Makes New Investment in Embraer S.A. (NYSE:ERJ)

Quantinno Capital Management LP bought a new position in shares of Embraer S.A. (NYSE:ERJ - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 6,191 shares of the aerospace company's stock, valued at approximately $227,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Invesco Ltd. increased its position in shares of Embraer by 17,140.6% during the fourth quarter. Invesco Ltd. now owns 1,235,635 shares of the aerospace company's stock worth $45,323,000 after acquiring an additional 1,228,468 shares during the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in Embraer in the fourth quarter valued at about $42,313,000. Carrhae Capital LLP increased its holdings in Embraer by 48.1% in the fourth quarter. Carrhae Capital LLP now owns 2,670,740 shares of the aerospace company's stock valued at $97,963,000 after buying an additional 866,919 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Embraer by 959.2% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 824,607 shares of the aerospace company's stock valued at $30,247,000 after buying an additional 746,758 shares during the last quarter. Finally, Victory Capital Management Inc. bought a new stake in Embraer in the fourth quarter valued at about $25,024,000. Institutional investors and hedge funds own 34.65% of the company's stock.

Embraer Stock Performance

Shares of Embraer stock traded down $1.69 during trading on Wednesday, reaching $46.89. The company's stock had a trading volume of 1,030,998 shares, compared to its average volume of 1,528,483. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.56. The business's fifty day moving average price is $45.77 and its 200-day moving average price is $42.86. The firm has a market cap of $8.61 billion, a price-to-earnings ratio of 17.24 and a beta of 1.67. Embraer S.A. has a one year low of $25.24 and a one year high of $56.61.

Embraer (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, beating the consensus estimate of $0.21 by $0.19. Embraer had a return on equity of 11.61% and a net margin of 8.24%. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.17 billion. During the same quarter in the prior year, the firm posted ($0.48) EPS. The company's revenue for the quarter was up 23.0% on a year-over-year basis. As a group, equities research analysts predict that Embraer S.A. will post 2.04 earnings per share for the current year.

Embraer Dividend Announcement

The company also recently disclosed a -- dividend, which will be paid on Monday, June 2nd. Shareholders of record on Friday, May 16th will be given a $0.049 dividend. The ex-dividend date is Friday, May 16th. Embraer's payout ratio is 1.85%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ERJ shares. The Goldman Sachs Group lifted their target price on Embraer from $54.00 to $60.00 and gave the company a "buy" rating in a research note on Monday, May 12th. Wolfe Research reiterated a "peer perform" rating on shares of Embraer in a research report on Monday, March 24th. Wall Street Zen downgraded Embraer from a "buy" rating to a "hold" rating in a research report on Monday, March 10th. Finally, UBS Group reiterated a "sell" rating and set a $39.00 price objective (up from $35.00) on shares of Embraer in a research report on Thursday, April 24th. 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 issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $48.75.

About Embraer

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.