Angeles Investment Advisors LLC Has $420,000 Holdings in Embraer S.A. (NYSE:ERJ)

Angeles Investment Advisors LLC lessened its position in Embraer S.A. (NYSE:ERJ) by 2.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,441 shares of the aerospace company’s stock after selling 312 shares during the quarter. Angeles Investment Advisors LLC’s holdings in Embraer were worth $420,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Jones Financial Companies Lllp bought a new position in shares of Embraer in the fourth quarter worth about $28,000. SPX Gestao de Recursos Ltda acquired a new stake in Embraer in the 4th quarter valued at approximately $37,000. Lindbrook Capital LLC increased its position in Embraer by 32.9% in the 4th quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company’s stock worth $58,000 after buying an additional 389 shares during the period. Venturi Wealth Management LLC acquired a new position in shares of Embraer during the fourth quarter worth approximately $71,000. Finally, Quantbot Technologies LP bought a new stake in shares of Embraer in the fourth quarter valued at approximately $121,000. Institutional investors and hedge funds own 34.65% of the company’s stock.

Embraer Trading Up 0.4 %

Shares of Embraer stock opened at $52.72 on Monday. Embraer S.A. has a 52-week low of $23.42 and a 52-week high of $56.61. The firm has a market capitalization of $9.68 billion, a PE ratio of 19.38 and a beta of 1.70. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.76. The company’s fifty day moving average price is $44.81 and its two-hundred day moving average price is $39.13.

Embraer (NYSE:ERJ) last posted its earnings results on Thursday, February 27th. The aerospace company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.47. The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.21 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. On average, analysts expect that Embraer S.A. will post 2.04 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on ERJ shares. TD Cowen raised shares of Embraer to a “strong-buy” rating in a research report on Thursday, December 19th. The Goldman Sachs Group upped their price objective on shares of Embraer from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Finally, StockNews.com downgraded Embraer from a “buy” rating to a “hold” rating in a research report on Monday, March 10th. One analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Embraer has an average rating of “Moderate Buy” and a consensus price target of $44.50.

Embraer Company 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.