Graham Capital Management L.P. Buys 126,881 Shares of Embraer S.A. (NYSE:ERJ)

Graham Capital Management L.P. boosted its stake in shares of Embraer S.A. (NYSE:ERJ - Free Report) by 86.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 273,927 shares of the aerospace company's stock after purchasing an additional 126,881 shares during the period. Graham Capital Management L.P. owned about 0.15% of Embraer worth $10,048,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ERJ. Jones Financial Companies Lllp bought a new position in shares of Embraer in the 4th quarter worth approximately $28,000. SPX Gestao de Recursos Ltda purchased a new stake in Embraer during the fourth quarter valued at approximately $37,000. Colonial Trust Co SC bought a new position in Embraer in the fourth quarter worth approximately $42,000. Lindbrook Capital LLC boosted its stake in shares of Embraer 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 acquiring an additional 389 shares during the last quarter. Finally, Venturi Wealth Management LLC purchased a new stake in shares of Embraer in the 4th quarter worth $71,000. Institutional investors own 34.65% of the company's stock.

Wall Street Analyst Weigh In

ERJ has been the topic of several analyst reports. UBS Group reiterated 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 reissued a "peer perform" rating on shares of Embraer in a report on Monday, March 24th. The Goldman Sachs Group lifted their price target on shares of Embraer from $44.00 to $50.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Finally, StockNews.com cut shares of Embraer from a "buy" rating to a "hold" rating in a research note on Monday, March 10th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Embraer has an average rating of "Moderate Buy" and an average target price of $46.25.

Embraer Trading Down 2.6 %

ERJ stock opened at $48.22 on Friday. The company has a market capitalization of $8.86 billion, a price-to-earnings ratio of 17.73 and a beta of 1.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.76. Embraer S.A. has a 1-year low of $25.24 and a 1-year high of $56.61. The business has a 50 day simple moving average of $46.84 and a two-hundred day simple moving average of $41.63.

Embraer (NYSE:ERJ - Get Free Report) last posted its earnings results on Tuesday, May 6th. The aerospace company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.19. The company 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%. Embraer's quarterly revenue was up 23.0% on a year-over-year basis. During the same period last year, the company posted ($0.48) earnings per share. Research analysts anticipate that Embraer S.A. will post 2.04 EPS for the current fiscal year.

Embraer Announces Dividend

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

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