40,046 Shares in Embraer-Empresa Brasileira de Aeronautica $EMBJ Purchased by AdvisorShares Investments LLC

AdvisorShares Investments LLC acquired a new position in Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) during the 4th quarter, HoldingsChannel reports. The fund acquired 40,046 shares of the aerospace company’s stock, valued at approximately $2,578,000.

Several other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of Embraer-Empresa Brasileira de Aeronautica during the 4th quarter worth approximately $502,000. Jones Financial Companies Lllp boosted its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 98.2% during the 1st quarter. Jones Financial Companies Lllp now owns 1,508 shares of the aerospace company’s stock worth $70,000 after purchasing an additional 747 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 99.2% during the 2nd quarter. NewEdge Advisors LLC now owns 16,795 shares of the aerospace company’s stock worth $956,000 after purchasing an additional 8,365 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Embraer-Empresa Brasileira de Aeronautica by 1.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 803,640 shares of the aerospace company’s stock worth $45,735,000 after purchasing an additional 12,131 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Embraer-Empresa Brasileira de Aeronautica during the 2nd quarter worth approximately $336,000. 34.65% of the stock is currently owned by institutional investors and hedge funds.

Embraer-Empresa Brasileira de Aeronautica Stock Down 1.2%

Shares of NYSE EMBJ opened at $57.67 on Friday. The firm has a market cap of $10.42 billion, a price-to-earnings ratio of 33.73, a PEG ratio of 1.40 and a beta of 1.51. The company has a quick ratio of 0.73, a current ratio of 1.48 and a debt-to-equity ratio of 0.71. Embraer-Empresa Brasileira de Aeronautica has a 52-week low of $45.20 and a 52-week high of $80.75. The business’s 50 day moving average is $61.46 and its two-hundred day moving average is $65.87.

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) last posted its quarterly earnings data on Saturday, February 14th. The aerospace company reported $0.46 earnings per share for the quarter. Embraer-Empresa Brasileira de Aeronautica had a return on equity of 6.13% and a net margin of 3.94%.The business had revenue of $2.65 billion for the quarter. Research analysts predict that Embraer-Empresa Brasileira de Aeronautica will post 2.9 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on EMBJ shares. Weiss Ratings cut Embraer-Empresa Brasileira de Aeronautica from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, April 22nd. Zacks Research cut Embraer-Empresa Brasileira de Aeronautica from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. JPMorgan Chase & Co. lowered their target price on Embraer-Empresa Brasileira de Aeronautica from $84.00 to $80.00 and set an “overweight” rating on the stock in a report on Tuesday, May 12th. Finally, Wall Street Zen cut Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $63.86.

Embraer-Empresa Brasileira de Aeronautica Company Profile

Embraer SA (NYSE:EMBJ), legally known as Embraer – Empresa Brasileira de Aeronáutica SA, is a global aerospace company headquartered in São José dos Campos, Brazil. The company designs, develops, manufactures and sells commercial, executive, defence and agricultural aircraft. Embraer’s product portfolio includes the popular E-Jets family for regional and short-haul carriers, the advanced E2 series, a range of business jets under the Phenom, Legacy and Praetor brands, the A-29 Super Tucano military trainer and light attack aircraft, the C-390 Millennium multi-mission transport platform, and the Ipanema agricultural aircraft.

Embraer’s commercial aviation segment focuses on regional airlines and air taxi operators, offering aircraft that seat between 70 and 150 passengers.