Shilanski & Associates Inc. Has $371,000 Stock Holdings in Embraer S.A. (NYSE:ERJ)

Shilanski & Associates Inc. lowered its holdings in shares of Embraer S.A. (NYSE:ERJ) by 5.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,115 shares of the aerospace company’s stock after selling 561 shares during the period. Shilanski & Associates Inc.’s holdings in Embraer were worth $371,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Sunbelt Securities Inc. acquired a new position in Embraer during the second quarter worth about $41,000. Northwestern Mutual Wealth Management Co. increased its position 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 purchasing an additional 456 shares in the last quarter. Signaturefd LLC lifted its stake in Embraer by 7.9% in the 3rd quarter. Signaturefd LLC now owns 5,676 shares of the aerospace company’s stock valued at $201,000 after purchasing an additional 414 shares during the last quarter. Brendel Financial Advisors LLC bought a new stake in shares of Embraer during the third quarter worth $202,000. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Embraer during the third quarter worth $242,000. 34.65% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Embraer Price Performance

Shares of NYSE ERJ opened at $41.52 on Friday. The company has a market capitalization of $7.62 billion, a PE ratio of 15.26 and a beta of 1.71. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 0.74. Embraer S.A. has a twelve month low of $17.19 and a twelve month high of $41.90. The firm has a fifty day simple moving average of $37.77 and a 200 day simple moving average of $34.67.

Embraer (NYSE:ERJ) last announced its quarterly earnings data on Friday, November 8th. The aerospace company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the business earned $0.18 EPS. On average, sell-side analysts forecast that Embraer S.A. will post 2.06 EPS for the current year.

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.