Natixis Advisors LLC Increases Stake in Embraer S.A. (NYSE:ERJ)

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

Other hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp bought a new position in Embraer in the 4th quarter valued at $28,000. SPX Gestao de Recursos Ltda purchased a new stake in shares of Embraer in the fourth quarter worth $37,000. Lindbrook Capital LLC boosted its stake in Embraer by 32.9% during the fourth quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company's stock valued at $58,000 after buying an additional 389 shares during the period. Venturi Wealth Management LLC purchased a new position in Embraer during the fourth quarter worth about $71,000. Finally, US Bancorp DE increased its stake in Embraer by 13.4% in the 4th quarter. US Bancorp DE now owns 3,336 shares of the aerospace company's stock worth $122,000 after acquiring an additional 395 shares during the last quarter. Hedge funds and other institutional investors own 34.65% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on ERJ shares. Wolfe Research reiterated a "peer perform" rating on shares of Embraer in a research report on Monday. The Goldman Sachs Group lifted 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. TD Cowen raised shares of Embraer to a "strong-buy" rating in a report on Thursday, December 19th. Finally, StockNews.com cut shares of Embraer from a "buy" rating to a "hold" rating in a research report on Monday, March 10th. One 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 assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Embraer has a consensus rating of "Moderate Buy" and an average target price of $44.50.

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Embraer Price Performance

NYSE:ERJ traded up $0.27 during mid-day trading on Tuesday, reaching $49.76. The stock had a trading volume of 778,145 shares, compared to its average volume of 1,530,226. The stock has a market capitalization of $9.14 billion, a P/E ratio of 18.29 and a beta of 1.70. The firm has a 50 day moving average price of $45.05 and a two-hundred day moving average price of $39.23. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.56. Embraer S.A. has a one year low of $23.42 and a one year high of $56.61.

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 for the quarter, topping analysts' consensus estimates of $0.47 by $0.47. Embraer had a net margin of 8.24% and a return on equity of 11.61%. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.21 billion. As a group, analysts expect that Embraer S.A. will post 2.04 earnings per share 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.