24,500 Shares in Embraer-Empresa Brasileira de Aeronautica $EMBJ Purchased by Aureus Asset Management LLC

Aureus Asset Management LLC acquired a new position in Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 24,500 shares of the aerospace company’s stock, valued at approximately $1,577,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. CoreCap Advisors LLC purchased a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter worth about $39,000. 1620 Investment Advisors Inc. purchased a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter worth about $44,000. Gen Wealth Partners Inc purchased a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter worth about $74,000. Bruce G. Allen Investments LLC purchased a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the 4th quarter worth about $90,000. Finally, Jones Financial Companies Lllp boosted its position in shares of Embraer-Empresa Brasileira de Aeronautica by 98.2% in the 1st quarter. Jones Financial Companies Lllp now owns 1,508 shares of the aerospace company’s stock worth $70,000 after buying an additional 747 shares in the last quarter. 34.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Weiss Ratings lowered shares of Embraer-Empresa Brasileira de Aeronautica from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. decreased their price objective on shares of Embraer-Empresa Brasileira de Aeronautica from $84.00 to $80.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 12th. Wall Street Zen lowered shares of Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Scotiabank assumed coverage on shares of Embraer-Empresa Brasileira de Aeronautica in a report on Monday, June 8th. They issued a “sector outperform” rating and a $81.00 target price on the stock. Finally, Zacks Research lowered shares of Embraer-Empresa Brasileira de Aeronautica from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 8th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.29.

Embraer-Empresa Brasileira de Aeronautica Price Performance

NYSE:EMBJ opened at $61.51 on Thursday. The firm has a market cap of $11.11 billion, a price-to-earnings ratio of 35.97, a price-to-earnings-growth ratio of 1.44 and a beta of 1.46. Embraer-Empresa Brasileira de Aeronautica has a 12-month low of $46.54 and a 12-month high of $80.75. The company has a current ratio of 1.48, a quick ratio of 0.73 and a debt-to-equity ratio of 0.71. The company’s 50-day moving average is $61.02 and its two-hundred day moving average is $65.16.

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) last announced its quarterly earnings data on Saturday, February 14th. The aerospace company reported $0.46 earnings per share for the quarter. The business had revenue of $2.65 billion for the quarter. Embraer-Empresa Brasileira de Aeronautica had a net margin of 3.94% and a return on equity of 6.13%. Research analysts expect that Embraer-Empresa Brasileira de Aeronautica will post 2.91 EPS for the current year.

About Embraer-Empresa Brasileira de Aeronautica

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.