Gilder Gagnon Howe & Co. LLC Buys 390,094 Shares of Embraer S.A. (NYSE:ERJ)

Gilder Gagnon Howe & Co. LLC boosted its stake in shares of Embraer S.A. (NYSE:ERJ - Free Report) by 19.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,439,060 shares of the aerospace company's stock after acquiring an additional 390,094 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned approximately 1.33% of Embraer worth $89,465,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Carrhae Capital LLP increased its holdings in shares of 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 purchasing an additional 866,919 shares in the last quarter. Arrowstreet Capital Limited Partnership increased 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. raised 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. acquired a new position in shares of Embraer during the fourth quarter valued at $42,313,000. Finally, TimesSquare Capital Management LLC boosted its holdings in Embraer by 50.5% in the fourth quarter. TimesSquare Capital Management LLC now owns 996,361 shares of the aerospace company's stock valued at $36,547,000 after acquiring an additional 334,206 shares during the last quarter. Institutional investors and hedge funds own 34.65% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. UBS Group restated a "sell" rating and set a $39.00 target price (up from $35.00) on shares of Embraer in a research report on Thursday, April 24th. Wolfe Research reaffirmed a "peer perform" rating on shares of Embraer in a research note on Monday, March 24th. The Goldman Sachs Group upped their target price on shares of Embraer from $44.00 to $50.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Finally, StockNews.com downgraded Embraer from a "buy" rating to a "hold" rating in a report on Monday, March 10th. One 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 data from MarketBeat, Embraer presently has a consensus rating of "Moderate Buy" and an average price target of $46.25.

Embraer Stock Down 0.5 %

Shares of NYSE:ERJ traded down $0.24 during trading on Thursday, hitting $45.71. 253,200 shares of the company's stock traded hands, compared to its average volume of 1,584,366. The company has a 50-day moving average price of $46.67 and a 200-day moving average price of $41.00. Embraer S.A. has a 52 week low of $25.05 and a 52 week high of $56.61. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. The company has a market cap of $8.39 billion, a price-to-earnings ratio of 16.80 and a beta of 1.36.

Embraer (NYSE:ERJ - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The aerospace company reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.47. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.21 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. As a group, research analysts forecast that Embraer S.A. will post 2.04 EPS for the current fiscal year.

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.