Baader Bank Aktiengesellschaft Acquires 1,500 Shares of Embraer S.A. (NYSE:ERJ)

Baader Bank Aktiengesellschaft grew its stake in shares of Embraer S.A. (NYSE:ERJ) by 17.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,000 shares of the aerospace company’s stock after purchasing an additional 1,500 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Embraer were worth $367,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Brendel Financial Advisors LLC bought a new stake in Embraer during the 3rd quarter valued at $202,000. Stifel Financial Corp raised its position in shares of Embraer by 33.0% in the 3rd quarter. Stifel Financial Corp now owns 75,219 shares of the aerospace company’s stock valued at $2,661,000 after purchasing an additional 18,656 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Embraer during the 3rd quarter worth about $10,611,000. Thrivent Financial for Lutherans purchased a new position in shares of Embraer during the 3rd quarter valued at about $981,000. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in Embraer during the fourth quarter worth about $384,000. Hedge funds and other institutional investors own 34.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. UBS Group downgraded Embraer from a “neutral” rating to a “sell” rating and boosted their price target for the company from $29.00 to $32.00 in a report 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 report on Thursday, November 21st. TD Cowen raised shares of Embraer to a “strong-buy” rating in a report on Thursday, December 19th. Finally, StockNews.com raised shares of Embraer from a “hold” rating to a “buy” rating in a research note on Wednesday, December 25th. 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Embraer presently has a consensus rating of “Moderate Buy” and an average price target of $37.43.

Embraer Trading Up 1.5 %

NYSE ERJ opened at $40.95 on Friday. Embraer S.A. has a 12 month low of $17.19 and a 12 month high of $41.90. The company has a market capitalization of $7.52 billion, a price-to-earnings ratio of 15.05 and a beta of 1.71. 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 firm’s fifty day moving average price is $38.02 and its 200 day moving average price is $35.08.

Embraer (NYSE:ERJ) last posted its earnings results on Friday, November 8th. The aerospace company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 11.61% and a net margin of 8.24%. During the same quarter in the previous year, the firm earned $0.18 earnings per share. On average, sell-side analysts expect that Embraer S.A. will post 2.06 earnings per share for the current fiscal year.

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.