Embraer S.A. (NYSE:ERJ) Shares Sold by Marshall Wace LLP

Marshall Wace LLP trimmed its position in Embraer S.A. (NYSE:ERJ - Free Report) by 2.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 371,668 shares of the aerospace company's stock after selling 10,357 shares during the period. Marshall Wace LLP owned about 0.20% of Embraer worth $13,633,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ERJ. Carrhae Capital LLP grew its stake in Embraer by 48.1% during the 4th quarter. Carrhae Capital LLP now owns 2,670,740 shares of the aerospace company's stock valued at $97,963,000 after acquiring 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 worth $81,065,000 after acquiring an additional 176,182 shares during the last quarter. Invesco Ltd. boosted its position in shares of Embraer by 17,140.6% during the 4th quarter. Invesco Ltd. now owns 1,235,635 shares of the aerospace company's stock valued at $45,323,000 after acquiring an additional 1,228,468 shares during the last quarter. Vaughan Nelson Investment Management L.P. purchased a new position in Embraer during the fourth quarter worth about $42,313,000. Finally, TimesSquare Capital Management LLC grew its stake in shares of Embraer by 50.5% in the 4th quarter. TimesSquare Capital Management LLC now owns 996,361 shares of the aerospace company's stock valued at $36,547,000 after buying an additional 334,206 shares during the period. 34.65% of the stock is owned by institutional investors and hedge funds.

Embraer Stock Up 0.3 %

ERJ traded up $0.13 during trading hours on Friday, hitting $44.72. 587,672 shares of the company's stock were exchanged, compared to its average volume of 1,601,847. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. Embraer S.A. has a 12-month low of $25.05 and a 12-month high of $56.61. The firm has a market cap of $8.21 billion, a P/E ratio of 16.44 and a beta of 1.36. The firm has a 50 day moving average of $46.47 and a 200 day moving average of $40.74.

Embraer (NYSE:ERJ - Get Free Report) last released its earnings results on Thursday, February 27th. The aerospace company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.47. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.21 billion. Embraer had a return on equity of 11.61% and a net margin of 8.24%. Analysts predict that Embraer S.A. will post 2.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ERJ has been the topic of a number of recent analyst reports. The Goldman Sachs Group upped their price objective on Embraer from $44.00 to $50.00 and gave the company a "buy" rating in a report on Monday, March 3rd. UBS Group reaffirmed a "sell" rating and set a $39.00 target price (up previously from $35.00) on shares of Embraer in a research note on Thursday. Wolfe Research restated a "peer perform" rating on shares of Embraer in a report on Monday, March 24th. Finally, StockNews.com lowered Embraer from a "buy" rating to a "hold" rating in a research report on Monday, March 10th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $46.25.

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.