7,529 Shares in Embraer S.A. (NYSE:ERJ) Acquired by Yeomans Consulting Group Inc.

Yeomans Consulting Group Inc. bought a new stake in shares of Embraer S.A. (NYSE:ERJ) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,529 shares of the aerospace company’s stock, valued at approximately $276,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Driehaus Capital Management LLC boosted its position in Embraer by 102.5% during the second quarter. Driehaus Capital Management LLC now owns 1,439,579 shares of the aerospace company’s stock valued at $37,141,000 after purchasing an additional 728,592 shares in the last quarter. Jennison Associates LLC boosted its holdings in shares of Embraer by 102.1% in the 3rd quarter. Jennison Associates LLC now owns 1,331,631 shares of the aerospace company’s stock valued at $47,100,000 after buying an additional 672,644 shares in the last quarter. Itau Unibanco Holding S.A. boosted its holdings in shares of Embraer by 54.8% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 1,112,314 shares of the aerospace company’s stock valued at $39,343,000 after buying an additional 393,696 shares in the last quarter. Artemis Investment Management LLP purchased a new position in shares of Embraer in the 3rd quarter worth approximately $30,358,000. Finally, Marshall Wace LLP raised its stake in shares of Embraer by 76.5% during the 2nd quarter. Marshall Wace LLP now owns 712,112 shares of the aerospace company’s stock worth $18,372,000 after acquiring an additional 308,729 shares in the last quarter. 34.65% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on ERJ shares. Bank of America lifted their price target on shares of Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. StockNews.com upgraded Embraer from a “hold” rating to a “buy” rating in a research note on Wednesday, December 25th. TD Cowen upgraded Embraer to a “strong-buy” rating in a research note on Thursday, December 19th. Finally, UBS Group cut shares of Embraer from a “neutral” rating to a “sell” rating and raised their price target for the stock from $29.00 to $32.00 in a report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $37.43.

Embraer Stock Performance

Shares of NYSE ERJ opened at $41.52 on Friday. The stock has a market cap of $7.62 billion, a price-to-earnings ratio of 15.26 and a beta of 1.71. Embraer S.A. has a 12 month low of $17.19 and a 12 month high of $41.90. The company has a 50 day simple moving average of $37.77 and a two-hundred day simple moving average of $34.67. 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) last posted its quarterly earnings results on Friday, November 8th. The aerospace company reported $1.20 EPS for the quarter, beating the consensus estimate of $0.28 by $0.92. The company had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.63 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. During the same period in the prior year, the company earned $0.18 earnings per share. As a group, analysts predict that Embraer S.A. will post 2.06 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.