Embraer S.A. (NYSE:ERJ) Shares Bought by U S Global Investors Inc.

U S Global Investors Inc. increased its holdings in Embraer S.A. (NYSE:ERJ) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 145,991 shares of the aerospace company’s stock after acquiring an additional 6,220 shares during the quarter. Embraer makes up 0.5% of U S Global Investors Inc.’s portfolio, making the stock its 27th biggest position. U S Global Investors Inc.’s holdings in Embraer were worth $5,355,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Venturi Wealth Management LLC purchased a new stake in Embraer during the 4th quarter worth approximately $71,000. Truist Financial Corp increased its stake in shares of Embraer by 8.1% in the fourth quarter. Truist Financial Corp now owns 6,298 shares of the aerospace company’s stock worth $231,000 after buying an additional 470 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Embraer in the third quarter valued at $242,000. QRG Capital Management Inc. acquired a new stake in Embraer in the fourth quarter valued at $243,000. Finally, OneDigital Investment Advisors LLC bought a new position in Embraer during the 3rd quarter valued at $252,000. Hedge funds and other institutional investors own 34.65% of the company’s stock.

Embraer Stock Performance

Shares of ERJ opened at $47.51 on Friday. The firm has a market capitalization of $8.72 billion, a PE ratio of 17.47 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. The firm has a 50-day moving average price of $40.02 and a 200 day moving average price of $36.94. Embraer S.A. has a 52-week low of $18.83 and a 52-week high of $48.40.

Embraer (NYSE:ERJ) last posted its quarterly earnings data on Thursday, February 27th. The aerospace company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.47. Embraer had a net margin of 8.24% and a return on equity of 11.61%. On average, sell-side analysts anticipate that Embraer S.A. will post 2.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ERJ shares. UBS Group lowered shares of Embraer from a “neutral” rating to a “sell” rating and upped their target price for the company from $29.00 to $32.00 in a research note on Tuesday, November 19th. TD Cowen upgraded shares of Embraer to a “strong-buy” rating in a research report on Thursday, December 19th. Bank of America lifted their price objective on shares of Embraer from $40.00 to $55.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Finally, StockNews.com cut shares of Embraer from a “buy” rating to a “hold” rating in a research report on Saturday, February 22nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Embraer presently has a consensus rating of “Moderate Buy” and a consensus target price of $40.50.

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.