Trexquant Investment LP Has $7.75 Million Stock Holdings in Embraer S.A. (NYSE:ERJ)

Trexquant Investment LP raised its position in Embraer S.A. (NYSE:ERJ - Free Report) by 514.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 211,168 shares of the aerospace company's stock after purchasing an additional 176,826 shares during the period. Trexquant Investment LP owned about 0.11% of Embraer worth $7,746,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC acquired a new stake in shares of Embraer in the third quarter worth approximately $242,000. Stifel Financial Corp increased its stake in shares of Embraer by 33.0% in the third quarter. Stifel Financial Corp now owns 75,219 shares of the aerospace company's stock worth $2,661,000 after buying an additional 18,656 shares during the last quarter. State Street Corp lifted its position in shares of Embraer by 1.3% during the third quarter. State Street Corp now owns 368,662 shares of the aerospace company's stock worth $13,040,000 after purchasing an additional 4,666 shares during the last quarter. XTX Topco Ltd acquired a new position in Embraer in the third quarter worth $1,203,000. Finally, Orion Portfolio Solutions LLC raised its stake in Embraer by 2.9% during the third quarter. Orion Portfolio Solutions LLC now owns 44,174 shares of the aerospace company's stock worth $1,562,000 after acquiring an additional 1,241 shares during the period. Institutional investors and hedge funds own 34.65% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on ERJ shares. StockNews.com cut Embraer from a "buy" rating to a "hold" rating in a research report on Monday, March 10th. Wolfe Research reissued a "peer perform" rating on shares of Embraer in a research note on Monday, March 24th. TD Cowen upgraded Embraer to a "strong-buy" rating in a report on Thursday, December 19th. Finally, The Goldman Sachs Group upped their price target on Embraer from $44.00 to $50.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $44.50.

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Embraer Stock Performance

Embraer stock traded up $0.67 on Tuesday, reaching $41.36. 1,719,206 shares of the stock were exchanged, compared to its average volume of 1,594,582. The stock has a market cap of $7.60 billion, a PE ratio of 15.25 and a beta of 1.36. The firm has a fifty day moving average price of $46.19 and a two-hundred day moving average price of $39.98. Embraer S.A. has a twelve month low of $23.42 and a twelve month high of $56.61. 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 (NYSE:ERJ - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The aerospace company reported $0.94 EPS 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 company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2.21 billion. Sell-side analysts anticipate that Embraer S.A. will post 2.04 EPS for the current year.

Embraer 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.