Embraer S.A. (NYSE:ERJ) Shares Acquired by Leavell Investment Management Inc.

Leavell Investment Management Inc. grew its holdings in Embraer S.A. (NYSE:ERJ) by 14.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,200 shares of the aerospace company’s stock after purchasing an additional 1,150 shares during the quarter. Leavell Investment Management Inc.’s holdings in Embraer were worth $337,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Signaturefd LLC grew its stake in shares of Embraer by 7.9% in the third quarter. Signaturefd LLC now owns 5,676 shares of the aerospace company’s stock worth $201,000 after acquiring an additional 414 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Embraer in the third quarter valued at $242,000. OneDigital Investment Advisors LLC acquired a new position in Embraer during the 3rd quarter worth $252,000. Oppenheimer & Co. Inc. purchased a new position in shares of Embraer in the 3rd quarter valued at about $253,000. Finally, Ballentine Partners LLC acquired a new position in shares of Embraer during the third quarter worth about $259,000. Institutional investors and hedge funds own 34.65% of the company’s stock.

Embraer Stock Up 0.2 %

Embraer stock opened at $42.24 on Friday. The company has a market capitalization of $7.76 billion, a P/E ratio of 15.53 and a beta of 1.71. 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 fifty-two week low of $18.00 and a fifty-two week high of $46.10. The stock has a 50-day simple moving average of $38.91 and a 200-day simple moving average of $36.07.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Bank of America raised their target price on shares of Embraer from $40.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, November 21st. StockNews.com raised shares of Embraer from a “hold” rating to a “buy” rating in a research report on Friday. TD Cowen raised Embraer to a “strong-buy” rating in a report on Thursday, December 19th. Finally, UBS Group cut Embraer from a “neutral” rating to a “sell” rating and upped their price objective for the stock from $29.00 to $32.00 in a research report on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $40.50.

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.