Two Sigma Investments LP Grows Stock Holdings in Embraer S.A. (NYSE:ERJ)

Two Sigma Investments LP boosted its holdings in shares of Embraer S.A. (NYSE:ERJ - Free Report) by 27.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 506,051 shares of the aerospace company's stock after acquiring an additional 108,740 shares during the period. Two Sigma Investments LP owned 0.28% of Embraer worth $18,562,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Carrhae Capital LLP grew its stake in shares of Embraer by 48.1% in the 4th 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 period. Gilder Gagnon Howe & Co. LLC grew its stake in shares of Embraer by 19.0% in the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 2,439,060 shares of the aerospace company's stock valued at $89,465,000 after buying an additional 390,094 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of Embraer by 8.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,210,060 shares of the aerospace company's stock valued at $81,065,000 after buying an additional 176,182 shares during the period. Invesco Ltd. grew its stake in shares of Embraer by 17,140.6% in the 4th quarter. Invesco Ltd. now owns 1,235,635 shares of the aerospace company's stock valued at $45,323,000 after buying an additional 1,228,468 shares during the period. Finally, Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Embraer in the 4th quarter valued at approximately $42,313,000. Hedge funds and other institutional investors own 34.65% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on ERJ shares. The Goldman Sachs Group increased their price target on shares of Embraer from $54.00 to $60.00 and gave the company a "buy" rating in a research note on Monday, May 12th. Wall Street Zen cut shares of Embraer from a "buy" rating to a "hold" rating in a research report on Monday, March 10th. UBS Group reaffirmed a "sell" rating and set a $39.00 price objective (up previously from $35.00) on shares of Embraer in a research report on Thursday, April 24th. Finally, Wolfe Research reaffirmed a "peer perform" rating on shares of Embraer in a research report on Monday, March 24th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $48.75.

Embraer Trading Up 0.2%

Shares of NYSE:ERJ traded up $0.08 during mid-day trading on Friday, reaching $47.49. 730,078 shares of the company were exchanged, compared to its average volume of 1,531,706. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.76. The firm has a market cap of $8.72 billion, a price-to-earnings ratio of 17.46 and a beta of 1.67. The firm's 50-day simple moving average is $46.15 and its 200 day simple moving average is $42.73. Embraer S.A. has a 1 year low of $25.24 and a 1 year high of $56.61.

Embraer (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. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter last year, the company posted ($0.48) EPS. Equities research analysts forecast that Embraer S.A. will post 2.04 EPS for the current year.

Embraer Announces Dividend

The firm also recently announced a -- dividend, which will be paid on Monday, June 2nd. Shareholders 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 (DPR) is presently 1.85%.

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.