Gilder Gagnon Howe & Co. LLC Buys 390,094 Shares of Embraer S.A. (NYSE:ERJ)

Gilder Gagnon Howe & Co. LLC increased its position in Embraer S.A. (NYSE:ERJ - Free Report) by 19.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,439,060 shares of the aerospace company's stock after buying an additional 390,094 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned 1.33% of Embraer worth $89,465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Ballentine Partners LLC lifted its position in Embraer by 4.0% in the fourth quarter. Ballentine Partners LLC now owns 7,614 shares of the aerospace company's stock valued at $279,000 after purchasing an additional 296 shares during the last quarter. LVW Advisors LLC increased its stake in shares of Embraer by 3.3% in the 4th quarter. LVW Advisors LLC now owns 10,660 shares of the aerospace company's stock worth $391,000 after acquiring an additional 340 shares in the last quarter. Lindbrook Capital LLC increased its stake in shares of Embraer by 32.9% in the 4th quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company's stock worth $58,000 after acquiring an additional 389 shares in the last quarter. US Bancorp DE increased its stake in Embraer by 13.4% during the 4th quarter. US Bancorp DE now owns 3,336 shares of the aerospace company's stock valued at $122,000 after purchasing an additional 395 shares in the last quarter. Finally, Townsquare Capital LLC increased its stake in Embraer by 1.7% during the 4th quarter. Townsquare Capital LLC now owns 26,461 shares of the aerospace company's stock valued at $971,000 after purchasing an additional 454 shares in the last quarter. Institutional investors own 34.65% of the company's stock.

Embraer Trading Up 0.4 %

Shares of NYSE:ERJ traded up $0.18 during trading on Tuesday, reaching $45.56. The company's stock had a trading volume of 745,114 shares, compared to its average volume of 1,589,043. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. Embraer S.A. has a 12 month low of $25.05 and a 12 month high of $56.61. The firm's 50 day simple moving average is $46.53 and its two-hundred day simple moving average is $40.93. The stock has a market capitalization of $8.37 billion, a PE ratio of 16.75 and a beta of 1.36.

Embraer (NYSE:ERJ - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The aerospace company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.47. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.21 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. On average, research analysts predict that Embraer S.A. will post 2.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on ERJ shares. The Goldman Sachs Group raised their price objective on shares of Embraer from $44.00 to $50.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. Wolfe Research reissued a "peer perform" rating on shares of Embraer in a report on Monday, March 24th. UBS Group reaffirmed a "sell" rating and set a $39.00 price target (up previously from $35.00) on shares of Embraer in a report on Thursday, April 24th. Finally, StockNews.com lowered Embraer from a "buy" rating to a "hold" rating in a research report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $46.25.

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.