JPMorgan Chase & Co. increased its holdings in shares of Eve Holding, Inc. (NYSE:EVEX - Free Report) by 380.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 186,462 shares of the company's stock after buying an additional 147,632 shares during the quarter. JPMorgan Chase & Co. owned 0.06% of EVE worth $1,014,000 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. Corebridge Financial Inc. lifted its position in EVE by 57.0% in the 4th quarter. Corebridge Financial Inc. now owns 25,400 shares of the company's stock valued at $138,000 after acquiring an additional 9,222 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of EVE by 112.6% during the fourth quarter. SG Americas Securities LLC now owns 22,651 shares of the company's stock worth $123,000 after buying an additional 11,996 shares in the last quarter. Rhumbline Advisers raised its position in EVE by 80.7% in the 4th quarter. Rhumbline Advisers now owns 28,069 shares of the company's stock valued at $153,000 after buying an additional 12,539 shares during the last quarter. State Street Corp lifted its stake in EVE by 3.8% in the 3rd quarter. State Street Corp now owns 378,123 shares of the company's stock valued at $1,225,000 after acquiring an additional 13,700 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new position in EVE during the 4th quarter worth approximately $85,000. 1.27% of the stock is currently owned by institutional investors.
EVE Stock Up 10.6 %
EVEX traded up $0.37 during trading on Friday, reaching $3.88. 53,377 shares of the stock were exchanged, compared to its average volume of 241,268. The stock has a market cap of $1.16 billion, a P/E ratio of -8.09 and a beta of 0.55. The company has a debt-to-equity ratio of 0.42, a quick ratio of 5.21 and a current ratio of 5.21. The stock's 50 day moving average price is $3.59 and its two-hundred day moving average price is $4.04. Eve Holding, Inc. has a twelve month low of $2.33 and a twelve month high of $6.09.
EVE (NYSE:EVEX - Get Free Report) last issued its earnings results on Friday, March 14th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.15) by $0.01. Equities analysts expect that Eve Holding, Inc. will post -0.5 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on EVEX. HC Wainwright reissued a "buy" rating and issued a $6.00 price objective on shares of EVE in a research report on Wednesday, March 12th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $5.00 target price on shares of EVE in a research report on Friday, March 14th.
Check Out Our Latest Stock Report on EVE
About EVE
(
Free Report)
Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.
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