Diversify Wealth Management LLC Has $1.47 Million Stake in Embraer S.A. (NYSE:ERJ)

Diversify Wealth Management LLC raised its holdings in Embraer S.A. (NYSE:ERJ) by 19.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,889 shares of the aerospace company’s stock after purchasing an additional 6,225 shares during the period. Diversify Wealth Management LLC’s holdings in Embraer were worth $1,465,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Townsquare Capital LLC boosted its stake in shares of Embraer by 1.2% in the third quarter. Townsquare Capital LLC now owns 26,007 shares of the aerospace company’s stock valued at $920,000 after buying an additional 310 shares during the period. Angeles Investment Advisors LLC raised its holdings in Embraer by 3.0% in the 3rd quarter. Angeles Investment Advisors LLC now owns 11,753 shares of the aerospace company’s stock valued at $416,000 after acquiring an additional 338 shares in the last quarter. LVW Advisors LLC lifted its position in shares of Embraer by 3.4% during the 3rd quarter. LVW Advisors LLC now owns 10,320 shares of the aerospace company’s stock valued at $365,000 after acquiring an additional 340 shares during the period. Signaturefd LLC increased its position in shares of Embraer by 7.9% in the third quarter. Signaturefd LLC now owns 5,676 shares of the aerospace company’s stock worth $201,000 after purchasing an additional 414 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Embraer by 25.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,280 shares of the aerospace company’s stock worth $59,000 after purchasing an additional 456 shares during the period. Institutional investors and hedge funds own 34.65% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Embraer Trading Down 0.9 %

Shares of ERJ stock opened at $39.37 on Tuesday. Embraer S.A. has a twelve month low of $16.89 and a twelve month high of $40.34. The stock’s fifty day simple moving average is $37.59 and its 200 day simple moving average is $34.47. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $7.23 billion, a P/E ratio of 14.47 and a beta of 1.71.

Embraer Company 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.