Stonehage Fleming Financial Services Holdings Ltd Purchases New Shares in Embraer S.A. (NYSE:ERJ)

Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Embraer S.A. (NYSE:ERJ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,480 shares of the aerospace company’s stock, valued at approximately $384,000.

Several other large investors also recently made changes to their positions in ERJ. Sunbelt Securities Inc. bought a new position in Embraer in the 2nd quarter valued at $41,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Embraer by 25.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,280 shares of the aerospace company’s stock worth $59,000 after buying an additional 456 shares during the period. Signaturefd LLC raised its stake in shares of Embraer by 7.9% during the third quarter. Signaturefd LLC now owns 5,676 shares of the aerospace company’s stock worth $201,000 after buying an additional 414 shares during the last quarter. Brendel Financial Advisors LLC acquired a new position in Embraer in the third quarter valued at approximately $202,000. Finally, Integrated Wealth Concepts LLC bought a new position in Embraer in the third quarter valued at approximately $242,000. Institutional investors own 34.65% of the company’s stock.

Embraer Trading Down 0.8 %

NYSE ERJ opened at $41.18 on Monday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.76. The stock’s 50-day moving average is $37.84 and its 200-day moving average is $34.85. Embraer S.A. has a one year low of $17.19 and a one year high of $41.90. The firm has a market cap of $7.56 billion, a P/E ratio of 15.14 and a beta of 1.71.

Embraer (NYSE:ERJ) last posted its quarterly earnings data on Friday, November 8th. The aerospace company reported $1.20 EPS for the quarter, beating the consensus estimate of $0.28 by $0.92. The business had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. During the same period in the previous year, the firm posted $0.18 EPS. Sell-side analysts anticipate that Embraer S.A. will post 2.06 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on ERJ. StockNews.com upgraded shares of Embraer from a “hold” rating to a “buy” rating in a research report on Wednesday, December 25th. TD Cowen upgraded Embraer to a “strong-buy” rating in a report on Thursday, December 19th. Bank of America raised their target price on Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, UBS Group cut Embraer from a “neutral” rating to a “sell” rating and upped their price target for the company from $29.00 to $32.00 in a research note on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Embraer presently has an average rating of “Moderate Buy” and a consensus price target of $37.43.

Embraer 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.