Holistic Financial Partners Sells 1,770 Shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ)

Holistic Financial Partners decreased its stake in Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) by 18.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,702 shares of the aerospace company’s stock after selling 1,770 shares during the period. Holistic Financial Partners’ holdings in Embraer-Empresa Brasileira de Aeronautica were worth $356,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ERJ. Townsquare Capital LLC boosted its position in Embraer-Empresa Brasileira de Aeronautica by 1.7% during the 4th quarter. Townsquare Capital LLC now owns 26,461 shares of the aerospace company’s stock valued at $971,000 after buying an additional 454 shares during the period. Stifel Financial Corp boosted its position in Embraer-Empresa Brasileira de Aeronautica by 0.8% during the 4th quarter. Stifel Financial Corp now owns 75,785 shares of the aerospace company’s stock valued at $2,780,000 after buying an additional 566 shares during the period. U.S. Capital Wealth Advisors LLC boosted its position in Embraer-Empresa Brasileira de Aeronautica by 5.3% during the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 12,312 shares of the aerospace company’s stock valued at $569,000 after buying an additional 624 shares during the period. Tudor Investment Corp ET AL boosted its position in Embraer-Empresa Brasileira de Aeronautica by 13.4% during the 4th quarter. Tudor Investment Corp ET AL now owns 6,689 shares of the aerospace company’s stock valued at $245,000 after buying an additional 789 shares during the period. Finally, Bank of Montreal Can boosted its position in Embraer-Empresa Brasileira de Aeronautica by 2.0% during the 4th quarter. Bank of Montreal Can now owns 41,389 shares of the aerospace company’s stock valued at $1,518,000 after buying an additional 799 shares during the period. Institutional investors own 34.65% of the company’s stock.

Embraer-Empresa Brasileira de Aeronautica Trading Up 2.4%

ERJ stock opened at $49.83 on Thursday. The stock has a market capitalization of $9.15 billion, a price-to-earnings ratio of 23.07 and a beta of 1.72. Embraer-Empresa Brasileira de Aeronautica has a twelve month low of $26.04 and a twelve month high of $61.65. The company has a quick ratio of 0.59, a current ratio of 1.32 and a debt-to-equity ratio of 0.56. The firm’s fifty day simple moving average is $51.39 and its two-hundred day simple moving average is $46.90.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) last issued its earnings results on Tuesday, May 6th. The aerospace company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.19. Embraer-Empresa Brasileira de Aeronautica had a net margin of 6.02% and a return on equity of 16.43%. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same period in the previous year, the firm earned ($0.48) earnings per share. The business’s revenue was up 23.0% on a year-over-year basis. As a group, analysts anticipate that Embraer-Empresa Brasileira de Aeronautica will post 2.04 earnings per share for the current year.

Embraer-Empresa Brasileira de Aeronautica Dividend Announcement

The company also recently announced a — dividend, which was paid on Monday, June 2nd. Shareholders of record on Friday, May 16th were issued a $0.049 dividend. The ex-dividend date was Friday, May 16th. Embraer-Empresa Brasileira de Aeronautica’s dividend payout ratio is presently 2.31%.

Wall Street Analysts Forecast Growth

ERJ has been the subject of several research reports. UBS Group restated a “sell” rating and issued a $39.00 price objective (up from $35.00) on shares of Embraer-Empresa Brasileira de Aeronautica in a report on Thursday, April 24th. Hsbc Global Res upgraded shares of Embraer-Empresa Brasileira de Aeronautica from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 4th. HSBC upgraded shares of Embraer-Empresa Brasileira de Aeronautica from a “hold” rating to a “buy” rating and increased their price target for the stock from $45.00 to $57.00 in a research note on Wednesday, June 4th. Finally, The Goldman Sachs Group increased their price target on shares of Embraer-Empresa Brasileira de Aeronautica from $54.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, May 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $50.40.

About Embraer-Empresa Brasileira de Aeronautica

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.