Blue Trust Inc. Has $566,000 Stock Position in Embraer S.A. (NYSE:ERJ)

Blue Trust Inc. increased its stake in shares of Embraer S.A. (NYSE:ERJ) by 21.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,007 shares of the aerospace company’s stock after purchasing an additional 2,851 shares during the period. Blue Trust Inc.’s holdings in Embraer were worth $566,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ERJ. Sunbelt Securities Inc. acquired a new position in shares of Embraer during the 2nd quarter worth about $41,000. Northwestern Mutual Wealth Management Co. raised its stake in Embraer by 25.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,280 shares of the aerospace company’s stock worth $59,000 after buying an additional 456 shares during the period. Signaturefd LLC lifted its holdings in Embraer by 7.9% during the third quarter. Signaturefd LLC now owns 5,676 shares of the aerospace company’s stock worth $201,000 after acquiring an additional 414 shares in the last quarter. Brendel Financial Advisors LLC acquired a new position in Embraer in the third quarter valued at about $202,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Embraer in the third quarter worth about $242,000. Institutional investors own 34.65% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on ERJ shares. StockNews.com upgraded Embraer from a “hold” rating to a “buy” rating in a research report on Wednesday, December 25th. TD Cowen upgraded shares of Embraer to a “strong-buy” rating in a report on Thursday, December 19th. Bank of America raised their price objective on shares of Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Finally, UBS Group lowered shares of Embraer from a “neutral” rating to a “sell” rating and upped their target price for the stock from $29.00 to $32.00 in a research note on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $37.43.

Embraer Stock Performance

Shares of ERJ opened at $40.95 on Friday. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. Embraer S.A. has a 12 month low of $17.19 and a 12 month high of $41.90. The firm has a fifty day simple moving average of $38.02 and a 200 day simple moving average of $35.08. The stock has a market capitalization of $7.52 billion, a price-to-earnings ratio of 15.05 and a beta of 1.71.

Embraer (NYSE:ERJ) last announced its quarterly earnings data on Friday, November 8th. The aerospace company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.92. Embraer had a return on equity of 11.61% and a net margin of 8.24%. The company had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter last year, the company earned $0.18 EPS. Research analysts forecast that Embraer S.A. will post 2.06 EPS for the current fiscal year.

About Embraer

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.