Kapitalo Investimentos Ltda Takes Position in Embraer S.A. (NYSE:ERJ)

Kapitalo Investimentos Ltda purchased a new stake in shares of Embraer S.A. (NYSE:ERJ) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 101,818 shares of the aerospace company’s stock, valued at approximately $1,879,000. Embraer comprises about 0.4% of Kapitalo Investimentos Ltda’s portfolio, making the stock its 29th largest position.

Other large investors have also recently modified their holdings of the company. Advisors Preferred LLC bought a new position in Embraer during the fourth quarter worth $28,000. PNC Financial Services Group Inc. bought a new stake in Embraer in the fourth quarter valued at $30,000. Bruce G. Allen Investments LLC bought a new stake in Embraer in the fourth quarter valued at $47,000. Blue Trust Inc. increased its stake in Embraer by 189.6% in the fourth quarter. Blue Trust Inc. now owns 2,563 shares of the aerospace company’s stock valued at $47,000 after purchasing an additional 1,678 shares in the last quarter. Finally, MQS Management LLC acquired a new position in shares of Embraer during the third quarter valued at about $142,000. Institutional investors own 34.65% of the company’s stock.

Embraer Trading Down 2.6 %

Shares of NYSE ERJ traded down $0.72 during midday trading on Tuesday, hitting $27.03. The company’s stock had a trading volume of 444,550 shares, compared to its average volume of 1,655,919. The stock has a fifty day moving average price of $27.24 and a 200 day moving average price of $22.56. Embraer S.A. has a one year low of $12.48 and a one year high of $31.12. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.71 and a current ratio of 1.51.

Embraer (NYSE:ERJ) last posted its earnings results on Tuesday, May 7th. The aerospace company reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.05. Embraer had a net margin of 4.84% and a return on equity of 5.35%. The business had revenue of $896.60 million for the quarter, compared to analyst estimates of $883.92 million. On average, equities analysts expect that Embraer S.A. will post 1.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Embraer from $21.00 to $40.00 and gave the company an “overweight” rating in a report on Friday, March 22nd. UBS Group reiterated a “neutral” rating and set a $28.50 price objective (up from $21.00) on shares of Embraer in a report on Tuesday, March 26th. The Goldman Sachs Group lifted their price objective on shares of Embraer from $21.00 to $35.00 and gave the company a “buy” rating in a report on Friday, March 22nd. Morgan Stanley lifted their price objective on shares of Embraer from $19.50 to $40.00 and gave the company an “overweight” rating in a report on Thursday, March 14th. Finally, StockNews.com cut shares of Embraer from a “buy” rating to a “hold” rating in a report on Monday, June 3rd. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Embraer has a consensus rating of “Moderate Buy” and an average price target of $29.75.

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.