7,215 Shares in Embraer S.A. (NYSE:ERJ) Acquired by Quantessence Capital LLC

Quantessence Capital LLC bought a new stake in Embraer S.A. (NYSE:ERJ - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,215 shares of the aerospace company's stock, valued at approximately $265,000.

Other large investors also recently modified their holdings of the company. State Street Corp raised its holdings in Embraer by 1.3% during the 3rd quarter. State Street Corp now owns 368,662 shares of the aerospace company's stock worth $13,040,000 after purchasing an additional 4,666 shares during the last quarter. Virtu Financial LLC raised its holdings in Embraer by 164.4% in the third quarter. Virtu Financial LLC now owns 37,082 shares of the aerospace company's stock worth $1,312,000 after purchasing an additional 23,056 shares during the period. Ritholtz Wealth Management boosted its position in shares of Embraer by 3.5% during the fourth quarter. Ritholtz Wealth Management now owns 43,107 shares of the aerospace company's stock worth $1,581,000 after purchasing an additional 1,456 shares in the last quarter. LVW Advisors LLC grew its holdings in shares of Embraer by 3.3% in the 4th quarter. LVW Advisors LLC now owns 10,660 shares of the aerospace company's stock valued at $391,000 after buying an additional 340 shares during the period. Finally, Diversify Wealth Management LLC raised its stake in Embraer by 19.1% during the 4th quarter. Diversify Wealth Management LLC now owns 38,889 shares of the aerospace company's stock worth $1,465,000 after buying an additional 6,225 shares during the period. 34.65% of the stock is currently owned by institutional investors and hedge funds.

Embraer Price Performance

NYSE ERJ traded up $0.53 during trading on Monday, hitting $45.32. 361,325 shares of the company's stock were exchanged, compared to its average volume of 1,595,306. The stock's 50 day moving average price is $46.47 and its two-hundred day moving average price is $40.84. Embraer S.A. has a fifty-two week low of $25.05 and a fifty-two 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 $8.32 billion, a PE ratio of 16.59 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, beating the consensus estimate of $0.47 by $0.47. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.21 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. Research analysts expect that Embraer S.A. will post 2.04 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. StockNews.com cut Embraer from a "buy" rating to a "hold" rating in a research note on Monday, March 10th. UBS Group reissued a "sell" rating and issued a $39.00 target price (up from $35.00) on shares of Embraer in a research note on Thursday. Wolfe Research reissued a "peer perform" rating on shares of Embraer in a research report on Monday, March 24th. Finally, The Goldman Sachs Group lifted their price target on Embraer from $44.00 to $50.00 and gave the stock a "buy" rating in a report on Monday, March 3rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently 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.