Natixis Advisors LLC Buys 90,187 Shares of Embraer S.A. (NYSE:ERJ)

Natixis Advisors LLC grew its stake in Embraer S.A. (NYSE:ERJ - Free Report) by 132.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 158,496 shares of the aerospace company's stock after buying an additional 90,187 shares during the quarter. Natixis Advisors LLC owned 0.09% of Embraer worth $5,814,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Embraer by 959.2% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 824,607 shares of the aerospace company's stock worth $30,247,000 after acquiring an additional 746,758 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Embraer by 680.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 8,970 shares of the aerospace company's stock valued at $329,000 after acquiring an additional 7,820 shares in the last quarter. HighTower Advisors LLC increased its position in Embraer by 151.1% during the fourth quarter. HighTower Advisors LLC now owns 41,522 shares of the aerospace company's stock worth $1,523,000 after acquiring an additional 24,986 shares during the period. SPX Gestao de Recursos Ltda acquired a new stake in shares of Embraer in the fourth quarter valued at approximately $37,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in Embraer in the 4th quarter valued at $124,000. 34.65% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on ERJ. StockNews.com lowered Embraer from a "buy" rating to a "hold" rating in a research note on Monday, March 10th. TD Cowen raised shares of Embraer to a "strong-buy" rating in a research note on Thursday, December 19th. The Goldman Sachs Group increased their target price on shares of Embraer from $44.00 to $50.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Finally, Wolfe Research reissued a "peer perform" rating on shares of Embraer in a research report on Monday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $44.50.

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Embraer Stock Performance

Shares of NYSE:ERJ traded down $0.36 during trading on Wednesday, hitting $48.53. 1,553,586 shares of the company were exchanged, compared to its average volume of 1,522,068. The company has a market cap of $8.91 billion, a PE ratio of 17.84 and a beta of 1.70. Embraer S.A. has a 52-week low of $23.42 and a 52-week 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 50 day moving average of $45.28 and a 200 day moving average of $39.34.

Embraer (NYSE:ERJ - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The aerospace company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.47 by $0.47. The firm 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%. As a group, equities research analysts predict that Embraer S.A. will post 2.04 EPS for the current 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.