1,153,560 Shares in Embraer S.A. (NYSE:ERJ) Bought by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. acquired a new position in Embraer S.A. (NYSE:ERJ - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,153,560 shares of the aerospace company's stock, valued at approximately $42,313,000. Vaughan Nelson Investment Management L.P. owned approximately 0.63% of Embraer at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Ninety One North America Inc. increased its position in Embraer by 14.5% in the fourth quarter. Ninety One North America Inc. now owns 84,451 shares of the aerospace company's stock worth $3,098,000 after buying an additional 10,665 shares in the last quarter. Stifel Financial Corp increased its position in shares of Embraer by 33.0% during the 3rd quarter. Stifel Financial Corp now owns 75,219 shares of the aerospace company's stock valued at $2,661,000 after purchasing an additional 18,656 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Embraer during the 3rd quarter valued at $10,611,000. Thrivent Financial for Lutherans bought a new stake in Embraer in the third quarter worth $981,000. Finally, Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Embraer during the fourth quarter worth $384,000. 34.65% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Bank of America increased their target price on shares of Embraer from $40.00 to $55.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. StockNews.com lowered shares of Embraer from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. TD Cowen upgraded Embraer to a "strong-buy" rating in a research report on Thursday, December 19th. Finally, UBS Group downgraded Embraer from a "neutral" rating to a "sell" rating and increased their price target for the stock from $29.00 to $32.00 in a report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $40.50.

Embraer Trading Down 0.8 %

NYSE:ERJ traded down $0.33 during midday trading on Wednesday, hitting $41.46. The stock had a trading volume of 885,589 shares, compared to its average volume of 1,178,700. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 0.74. The stock has a 50-day moving average of $38.73 and a 200 day moving average of $35.94. The company has a market capitalization of $7.61 billion, a price-to-earnings ratio of 15.24 and a beta of 1.71. Embraer S.A. has a one year low of $17.46 and a one year high of $46.10.

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.