C WorldWide Group Holding A S Has $367,000 Stock Position in Embraer S.A. (NYSE:ERJ)

C WorldWide Group Holding A S lowered its position in shares of Embraer S.A. (NYSE:ERJ) by 5.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,010 shares of the aerospace company’s stock after selling 605 shares during the quarter. C WorldWide Group Holding A S’s holdings in Embraer were worth $367,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Navellier & Associates Inc. increased its position in shares of Embraer by 8.5% during the 4th quarter. Navellier & Associates Inc. now owns 38,410 shares of the aerospace company’s stock worth $1,409,000 after purchasing an additional 3,000 shares in the last quarter. TimesSquare Capital Management LLC increased its position in shares of Embraer by 50.5% during the 4th quarter. TimesSquare Capital Management LLC now owns 996,361 shares of the aerospace company’s stock worth $36,547,000 after purchasing an additional 334,206 shares in the last quarter. Venturi Wealth Management LLC acquired a new stake in shares of Embraer during the 4th quarter worth about $71,000. Truist Financial Corp increased its position in shares of Embraer by 8.1% during the 4th quarter. Truist Financial Corp now owns 6,298 shares of the aerospace company’s stock worth $231,000 after purchasing an additional 470 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of Embraer by 5.3% during the 4th quarter. Principal Financial Group Inc. now owns 177,602 shares of the aerospace company’s stock worth $6,514,000 after purchasing an additional 8,938 shares in the last quarter. Institutional investors and hedge funds own 34.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on ERJ. Bank of America increased their price objective 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 lowered shares of Embraer from a “buy” rating to a “hold” rating in a report on Saturday. UBS Group lowered shares of Embraer from a “neutral” rating to a “sell” rating and increased their price objective for the stock from $29.00 to $32.00 in a report on Tuesday, November 19th. Finally, TD Cowen raised shares of Embraer to a “strong-buy” rating in a report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Embraer has a consensus rating of “Moderate Buy” and an average price target of $40.50.

Embraer Stock Down 4.2 %

Shares of NYSE ERJ opened at $41.26 on Monday. The firm has a market capitalization of $7.58 billion, a PE ratio of 15.17 and a beta of 1.71. 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 S.A. has a 1 year low of $18.15 and a 1 year high of $46.10. The firm’s 50-day moving average is $39.44 and its 200-day moving average is $36.67.

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.