Tudor Investment Corp ET AL Purchases 789 Shares of Embraer S.A. (NYSE:ERJ)

Tudor Investment Corp ET AL grew its position in shares of Embraer S.A. (NYSE:ERJ) by 13.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,689 shares of the aerospace company’s stock after purchasing an additional 789 shares during the period. Tudor Investment Corp ET AL’s holdings in Embraer were worth $245,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ERJ. Jones Financial Companies Lllp purchased a new position in Embraer during the fourth quarter worth about $28,000. SPX Gestao de Recursos Ltda bought a new position in shares of Embraer in the 4th quarter worth $37,000. Lindbrook Capital LLC raised its position in shares of Embraer by 32.9% during the 4th quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company’s stock valued at $58,000 after buying an additional 389 shares in the last quarter. Venturi Wealth Management LLC purchased a new position in Embraer in the fourth quarter worth $71,000. Finally, Edmond DE Rothschild Holding S.A. increased its stake in Embraer by 71.9% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 1,934 shares of the aerospace company’s stock valued at $71,000 after acquiring an additional 809 shares during the last quarter. Institutional investors own 34.65% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ERJ shares. UBS Group reissued a “sell” rating and set a $39.00 price objective (up from $35.00) on shares of Embraer in a report on Thursday, April 24th. The Goldman Sachs Group boosted their price objective on shares of Embraer from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. Wolfe Research reaffirmed a “peer perform” rating on shares of Embraer in a report on Monday, March 24th. Finally, StockNews.com downgraded shares of Embraer from a “buy” rating to a “hold” rating in a research note on Monday, March 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $46.25.

Embraer Stock Performance

Shares of NYSE:ERJ opened at $48.22 on Friday. Embraer S.A. has a 12 month low of $25.24 and a 12 month high of $56.61. The company has a market cap of $8.86 billion, a price-to-earnings ratio of 17.73 and a beta of 1.67. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. The company has a 50-day moving average price of $46.84 and a 200-day moving average price of $41.63.

Embraer (NYSE:ERJ) last released its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.19. Embraer had a net margin of 8.24% and a return on equity of 11.61%. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the previous year, the business posted ($0.48) earnings per share. The firm’s revenue for the quarter was up 23.0% compared to the same quarter last year. As a group, equities analysts anticipate that Embraer S.A. will post 2.04 EPS for the current year.

Embraer Announces Dividend

The company also recently announced a — dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, May 16th will be paid a $0.049 dividend. The ex-dividend date of this dividend is Friday, May 16th. Embraer’s payout ratio is presently 1.85%.

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.