Atlas Capital Advisors Inc. Increases Stock Position in Embraer S.A. (NYSE:ERJ)

Atlas Capital Advisors Inc. lifted its holdings in Embraer S.A. (NYSE:ERJ) by 18.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,354 shares of the aerospace company’s stock after buying an additional 1,592 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Embraer were worth $380,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Trexquant Investment LP increased its stake in shares of Embraer by 514.9% during the fourth quarter. Trexquant Investment LP now owns 211,168 shares of the aerospace company’s stock valued at $7,746,000 after purchasing an additional 176,826 shares in the last quarter. Edmond DE Rothschild Holding S.A. grew its stake in shares of Embraer by 71.9% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 1,934 shares of the aerospace company’s stock worth $71,000 after buying an additional 809 shares during the last quarter. Axiom Investors LLC DE increased its position in Embraer by 19.6% during the 4th quarter. Axiom Investors LLC DE now owns 772,282 shares of the aerospace company’s stock valued at $28,327,000 after buying an additional 126,500 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in Embraer by 3.4% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 81,160 shares of the aerospace company’s stock worth $2,977,000 after acquiring an additional 2,649 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Embraer by 8.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,210,060 shares of the aerospace company’s stock worth $81,065,000 after acquiring an additional 176,182 shares during the last quarter. 34.65% of the stock is currently owned by institutional investors.

Embraer Price Performance

ERJ opened at $41.64 on Friday. The company’s 50-day simple moving average is $46.18 and its two-hundred day simple moving average is $39.87. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.56. The stock has a market capitalization of $7.65 billion, a P/E ratio of 15.31 and a beta of 1.36. Embraer S.A. has a 52-week low of $23.42 and a 52-week high of $56.61.

Embraer (NYSE:ERJ) last issued its quarterly earnings data on Thursday, February 27th. The aerospace company reported $0.94 earnings per share for the quarter, beating 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 for the quarter, compared to the consensus estimate of $2.21 billion. As a group, analysts predict that Embraer S.A. will post 2.04 EPS for the current year.

Analyst Ratings Changes

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

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.