KCS Wealth Advisory Takes $219,000 Position in Embraer SA (ERJ)

KCS Wealth Advisory purchased a new position in shares of Embraer SA (NYSE:ERJ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 9,165 shares of the aerospace company’s stock, valued at approximately $219,000.

A number of other large investors also recently bought and sold shares of ERJ. Thompson Siegel & Walmsley LLC purchased a new position in Embraer during the third quarter worth approximately $49,590,000. Franklin Resources Inc. raised its stake in Embraer by 45.0% during the second quarter. Franklin Resources Inc. now owns 2,844,323 shares of the aerospace company’s stock worth $51,852,000 after purchasing an additional 883,361 shares during the period. Hotchkis & Wiley Capital Management LLC raised its stake in Embraer by 10.1% during the second quarter. Hotchkis & Wiley Capital Management LLC now owns 8,170,429 shares of the aerospace company’s stock worth $148,947,000 after purchasing an additional 747,735 shares during the period. Dimensional Fund Advisors LP raised its stake in Embraer by 19.6% during the second quarter. Dimensional Fund Advisors LP now owns 3,765,620 shares of the aerospace company’s stock worth $68,650,000 after purchasing an additional 616,851 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in Embraer by 92.2% during the third quarter. Ameriprise Financial Inc. now owns 1,123,279 shares of the aerospace company’s stock worth $25,383,000 after purchasing an additional 538,997 shares during the period. 50.09% of the stock is currently owned by institutional investors.

ERJ has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded shares of Embraer from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. Deutsche Bank downgraded shares of Embraer from a “buy” rating to a “hold” rating and set a $23.00 price target on the stock. in a research note on Tuesday, October 17th. Scotiabank downgraded shares of Embraer from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, October 17th. Credit Suisse Group raised shares of Embraer from a “neutral” rating to an “outperform” rating in a research note on Thursday, October 26th. Finally, Santander lowered shares of Embraer from a “hold” rating to an “underperform” rating in a research report on Monday, October 30th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Embraer presently has an average rating of “Hold” and an average target price of $22.67.

Shares of Embraer SA (NYSE:ERJ) opened at $25.35 on Friday. Embraer SA has a 52-week low of $17.58 and a 52-week high of $27.45. The stock has a market cap of $4,655.27, a price-to-earnings ratio of 10.79, a PEG ratio of 1.59 and a beta of 0.32. The company has a quick ratio of 1.73, a current ratio of 2.67 and a debt-to-equity ratio of 1.05.

Embraer (NYSE:ERJ) last released its quarterly earnings data on Friday, October 27th. The aerospace company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.11. Embraer had a net margin of 6.63% and a return on equity of 10.65%. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.34 billion. research analysts forecast that Embraer SA will post 1.81 EPS for the current fiscal year.

The firm also recently disclosed a special dividend, which will be paid on Friday, February 2nd. Stockholders of record on Thursday, December 28th will be given a $0.1079 dividend. The ex-dividend date of this dividend is Wednesday, December 27th. This is a positive change from Embraer’s previous special dividend of $0.05. Embraer’s dividend payout ratio is presently 15.38%.

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About Embraer

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Institutional Ownership by Quarter for Embraer (NYSE:ERJ)

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