Bearing Point Capital LLC Makes New Investment in Embraer S.A. (NYSE:ERJ)

Bearing Point Capital LLC bought a new stake in shares of Embraer S.A. (NYSE:ERJ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 159,433 shares of the aerospace company’s stock, valued at approximately $5,848,000. Embraer comprises approximately 1.2% of Bearing Point Capital LLC’s investment portfolio, making the stock its 29th biggest holding. Bearing Point Capital LLC owned approximately 0.09% of Embraer as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ERJ. Jones Financial Companies Lllp bought a new position in Embraer during the 4th quarter worth $28,000. SPX Gestao de Recursos Ltda bought a new position in shares of Embraer during the fourth quarter worth about $37,000. Lindbrook Capital LLC grew its position in shares of Embraer by 32.9% during the fourth quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company’s stock worth $58,000 after acquiring an additional 389 shares during the last quarter. Venturi Wealth Management LLC acquired a new stake in shares of Embraer in the 4th quarter worth about $71,000. Finally, Edmond DE Rothschild Holding S.A. lifted its position in 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 valued at $71,000 after purchasing an additional 809 shares during the last quarter. 34.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ERJ has been the topic of several analyst reports. StockNews.com lowered shares of Embraer from a “buy” rating to a “hold” rating in a research note on Monday, March 10th. The Goldman Sachs Group lifted their target price on Embraer from $44.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Wolfe Research reissued a “peer perform” rating on shares of Embraer in a research note on Monday, March 24th. Finally, UBS Group reissued a “sell” rating and set a $39.00 price target (up from $35.00) on shares of Embraer in a report on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Embraer has a consensus rating of “Moderate Buy” and a consensus target price of $46.25.

Embraer Stock Performance

Shares of NYSE ERJ opened at $46.73 on Friday. Embraer S.A. has a 1 year low of $25.24 and a 1 year high of $56.61. The firm has a market cap of $8.58 billion, a P/E ratio of 17.18 and a beta of 1.36. The stock has a fifty day moving average price of $46.84 and a two-hundred day moving average price of $41.23. 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 (NYSE:ERJ) last released its earnings results on Thursday, February 27th. The aerospace company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.47. Embraer had a return on equity of 11.61% and a net margin of 8.24%. The firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.21 billion. Research analysts forecast that Embraer S.A. will post 2.04 EPS for the current fiscal year.

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.