Robeco Institutional Asset Management B.V. Acquires Shares of 18,315 Embraer S.A. (NYSE:ERJ)

Robeco Institutional Asset Management B.V. bought a new stake in shares of Embraer S.A. (NYSE:ERJ - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,315 shares of the aerospace company's stock, valued at approximately $672,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Embraer by 25.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,280 shares of the aerospace company's stock valued at $59,000 after purchasing an additional 456 shares during the last quarter. Signaturefd LLC raised its stake in shares of Embraer by 7.9% during the 3rd quarter. Signaturefd LLC now owns 5,676 shares of the aerospace company's stock valued at $201,000 after buying an additional 414 shares during the last quarter. Brendel Financial Advisors LLC purchased a new position in shares of Embraer during the 3rd quarter valued at about $202,000. Integrated Wealth Concepts LLC purchased a new position in shares of Embraer during the 3rd quarter valued at about $242,000. Finally, OneDigital Investment Advisors LLC purchased a new position in shares of Embraer during the 3rd quarter valued at about $252,000. Institutional investors own 34.65% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. UBS Group cut Embraer from a "neutral" rating to a "sell" rating and raised their target price for the company from $29.00 to $32.00 in a research report on Tuesday, November 19th. TD Cowen upgraded Embraer to a "strong-buy" rating in a report on Thursday, December 19th. StockNews.com cut Embraer from a "buy" rating to a "hold" rating in a report on Thursday. Finally, Bank of America boosted their target price on Embraer from $40.00 to $55.00 and gave the stock a "buy" rating in a report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $40.50.

Embraer Trading Down 3.9 %

NYSE ERJ traded down $1.72 on Friday, reaching $42.93. The stock had a trading volume of 1,538,681 shares, compared to its average volume of 1,237,642. The firm has a market capitalization of $7.88 billion, a price-to-earnings ratio of 15.78 and a beta of 1.71. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 0.74. Embraer S.A. has a 12-month low of $17.19 and a 12-month high of $46.10. The stock has a fifty day moving average price of $38.47 and a two-hundred day moving average price of $35.67.

Embraer (NYSE:ERJ - Get Free Report) last posted its quarterly earnings results on Friday, November 8th. The aerospace company reported $1.20 EPS for the quarter, topping the consensus estimate of $0.28 by $0.92. The business had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.63 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. During the same quarter in the previous year, the firm posted $0.18 earnings per share. As a group, sell-side analysts forecast that Embraer S.A. will post 2.06 EPS for the current fiscal year.

About Embraer

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.