Embraer S.A. (NYSE:ERJ) Holdings Boosted by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. raised its stake in Embraer S.A. (NYSE:ERJ) by 71.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,934 shares of the aerospace company’s stock after buying an additional 809 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Embraer were worth $71,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in ERJ. Vaughan Nelson Investment Management L.P. acquired a new position in Embraer during the 4th quarter valued at approximately $42,313,000. Carrhae Capital LLP lifted its stake in Embraer by 48.1% in the fourth quarter. Carrhae Capital LLP now owns 2,670,740 shares of the aerospace company’s stock valued at $97,963,000 after buying an additional 866,919 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Embraer by 959.2% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 824,607 shares of the aerospace company’s stock valued at $30,247,000 after acquiring an additional 746,758 shares during the period. Victory Capital Management Inc. bought a new position in shares of Embraer during the fourth quarter worth about $25,024,000. Finally, TimesSquare Capital Management LLC increased its holdings 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 worth $36,547,000 after acquiring an additional 334,206 shares during the period. 34.65% of the stock is owned by institutional investors.

Embraer Trading Down 0.9 %

Embraer stock opened at $45.93 on Thursday. Embraer S.A. has a 12-month low of $23.42 and a 12-month high of $56.61. 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 has a market capitalization of $8.44 billion, a PE ratio of 16.89 and a beta of 1.70. The firm has a 50 day simple moving average of $46.10 and a 200-day simple moving average of $39.79.

Embraer (NYSE:ERJ) last issued its quarterly 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. Embraer had a return on equity of 11.61% and a net margin of 8.24%. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.21 billion. As a group, equities research analysts expect that Embraer S.A. will post 2.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. TD Cowen raised shares of Embraer to a “strong-buy” rating in a research note on Thursday, December 19th. Wolfe Research reaffirmed a “peer perform” rating on shares of Embraer in a report on Monday, March 24th. StockNews.com lowered Embraer from a “buy” rating to a “hold” rating in a report on Monday, March 10th. Finally, The Goldman Sachs Group lifted their target price on Embraer from $44.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $44.50.

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.