LVW Advisors LLC Has $391,000 Position in Embraer S.A. (NYSE:ERJ)

LVW Advisors LLC increased its position in shares of Embraer S.A. (NYSE:ERJ) by 3.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,660 shares of the aerospace company’s stock after acquiring an additional 340 shares during the period. LVW Advisors LLC’s holdings in Embraer were worth $391,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Artemis Investment Management LLP bought a new stake in Embraer during the third quarter worth $30,358,000. Driehaus Capital Management LLC lifted its position in shares of Embraer by 102.5% during the 2nd quarter. Driehaus Capital Management LLC now owns 1,439,579 shares of the aerospace company’s stock worth $37,141,000 after buying an additional 728,592 shares during the last quarter. Jennison Associates LLC boosted its stake in Embraer by 102.1% in the third quarter. Jennison Associates LLC now owns 1,331,631 shares of the aerospace company’s stock valued at $47,100,000 after buying an additional 672,644 shares in the last quarter. Itau Unibanco Holding S.A. grew its position in Embraer by 54.8% in the third quarter. Itau Unibanco Holding S.A. now owns 1,112,314 shares of the aerospace company’s stock valued at $39,343,000 after acquiring an additional 393,696 shares during the last quarter. Finally, Marshall Wace LLP raised its stake in Embraer by 76.5% during the second quarter. Marshall Wace LLP now owns 712,112 shares of the aerospace company’s stock worth $18,372,000 after acquiring an additional 308,729 shares in the last quarter. 34.65% of the stock is owned by institutional investors.

Embraer Stock Performance

NYSE ERJ opened at $39.37 on Tuesday. The company has a market capitalization of $7.23 billion, a price-to-earnings ratio of 14.47 and a beta of 1.71. Embraer S.A. has a twelve month low of $16.89 and a twelve month high of $40.34. The stock has a fifty day simple moving average of $37.59 and a 200 day simple moving average of $34.47. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 0.74.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. StockNews.com raised shares of Embraer from a “hold” rating to a “buy” rating in a report on Wednesday, December 25th. TD Cowen raised shares of Embraer to a “strong-buy” rating in a research note on Thursday, December 19th. UBS Group cut Embraer from a “neutral” rating to a “sell” rating and increased their price target for the company from $29.00 to $32.00 in a research note on Tuesday, November 19th. Finally, Bank of America boosted their price objective on Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. One analyst has rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $37.43.

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.