4 days Ago By ABMN Staff
Russell Investments Group Ltd. decreased its position in Embraer S.A.
( NYSE:ERJ – Free Report ) by 27.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 125,235 shares of the aerospace company’s stock after selling 46,430 shares during the quarter.
Russell Investments Group Ltd. owned 0.07% of Embraer worth $4,594,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp bought a new stake in shares of Embraer in the 4th quarter worth approximately $28,000. SPX Gestao de Recursos Ltda bought a new stake in Embraer in the fourth quarter worth $37,000.
Lindbrook Capital LLC boosted its position in Embraer by 32.9% during the fourth 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 during the period.
Venturi Wealth Management LLC bought a new position in shares of Embraer during the fourth quarter valued at about $71,000. Finally, Edmond DE Rothschild Holding S.A.
increased its holdings in shares of 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 worth $71,000 after buying an additional 809 shares during the period. Hedge funds and other institutional investors own 34.
65% of the company’s stock. Embraer Price Performance Shares of ERJ stock opened at $44.12 on Wednesday.
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 S.A.
has a fifty-two week low of $23.42 and a fifty-two week high of $56.61.
The firm has a market cap of $8.10 billion, a P/E ratio of 16.22 and a beta of 1.
36. The business’s 50 day moving average price is $46.25 and its 200-day moving average price is $40.
26. Wall Street Analysts Forecast Growth Several equities research analysts recently weighed in on the company. StockNews.
com cut Embraer from a “buy” rating to a “hold” rating in a report on Monday, March 10th. The Goldman Sachs Group increased their price objective on Embraer from $44.00 to $50.
00 and gave the company a “buy” rating in a research note on Monday, March 3rd. TD Cowen raised shares of Embraer to a “strong-buy” rating in a research note on Thursday, December 19th. Finally, Wolfe Research reiterated a “peer perform” rating on shares of Embraer in a report on Monday, March 24th.
One research analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $44.
50. View Our Latest Analysis on ERJ Embraer Company Profile ( Free Report ) 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. Further Reading Receive News & Ratings for Embraer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Embraer and related companies with MarketBeat.com's FREE daily email newsletter .
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