Charles Schwab Investment Management Inc. boosted its stake in Eve Holding, Inc. (NYSE:EVEX - Free Report) by 22.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 408,274 shares of the company's stock after acquiring an additional 75,542 shares during the period. Charles Schwab Investment Management Inc. owned 0.14% of EVE worth $2,221,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in EVEX. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of EVE in the 3rd quarter valued at about $40,000. Franklin Resources Inc. bought a new stake in EVE in the third quarter worth approximately $53,000. Readystate Asset Management LP acquired a new position in EVE in the third quarter valued at approximately $83,000. SG Americas Securities LLC boosted its holdings in shares of EVE by 112.6% during the 4th quarter. SG Americas Securities LLC now owns 22,651 shares of the company's stock worth $123,000 after buying an additional 11,996 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of EVE by 296.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 38,830 shares of the company's stock worth $126,000 after buying an additional 29,029 shares during the period. Institutional investors own 1.27% of the company's stock.
EVE Stock Up 5.4 %
EVEX stock traded up $0.18 during midday trading on Wednesday, reaching $3.52. 153,024 shares of the company's stock traded hands, compared to its average volume of 231,727. The company has a quick ratio of 5.21, a current ratio of 5.21 and a debt-to-equity ratio of 0.42. The firm's fifty day moving average price is $4.12 and its 200-day moving average price is $3.99. Eve Holding, Inc. has a 52 week low of $2.33 and a 52 week high of $6.09. The company has a market cap of $1.05 billion, a price-to-earnings ratio of -7.33 and a beta of 0.45.
EVE (NYSE:EVEX - Get Free Report) last posted its earnings results on Friday, March 14th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.01. As a group, sell-side analysts forecast that Eve Holding, Inc. will post -0.5 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. TD Cowen upgraded shares of EVE to a "hold" rating in a research report on Thursday, December 19th. Cantor Fitzgerald reissued an "overweight" rating and set a $5.00 price objective on shares of EVE in a research report on Friday, March 14th. Finally, HC Wainwright restated a "buy" rating and issued a $6.00 target price on shares of EVE in a research note on Wednesday, March 12th.
Read Our Latest Research Report on EVE
About EVE
(
Free Report)
Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.
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