Embraer S.A. (NYSE:ERJ) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. trimmed its stake in Embraer S.A. (NYSE:ERJ) by 10.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 74,950 shares of the aerospace company’s stock after selling 8,968 shares during the period. Hantz Financial Services Inc.’s holdings in Embraer were worth $2,749,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ballentine Partners LLC raised its holdings in Embraer by 4.0% during the 4th quarter. Ballentine Partners LLC now owns 7,614 shares of the aerospace company’s stock worth $279,000 after buying an additional 296 shares during the period. Townsquare Capital LLC raised its holdings in shares of Embraer by 1.2% during the third quarter. Townsquare Capital LLC now owns 26,007 shares of the aerospace company’s stock valued at $920,000 after acquiring an additional 310 shares during the period. Angeles Investment Advisors LLC boosted its stake in Embraer by 3.0% in the 3rd quarter. Angeles Investment Advisors LLC now owns 11,753 shares of the aerospace company’s stock worth $416,000 after purchasing an additional 338 shares during the period. LVW Advisors LLC grew its position in Embraer by 3.4% during the 3rd quarter. LVW Advisors LLC now owns 10,320 shares of the aerospace company’s stock worth $365,000 after purchasing an additional 340 shares in the last quarter. Finally, Signaturefd LLC raised its stake in Embraer by 7.9% during 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 period. 34.65% of the stock is owned by institutional investors and hedge funds.

Embraer Price Performance

Shares of ERJ opened at $40.95 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.76 and a current ratio of 1.56. The firm has a market cap of $7.52 billion, a PE ratio of 15.05 and a beta of 1.71. The firm’s 50 day moving average price is $38.02 and its 200 day moving average price is $35.08. Embraer S.A. has a twelve month low of $17.19 and a twelve month high of $41.90.

Embraer (NYSE:ERJ) last released its quarterly earnings results on Friday, November 8th. The aerospace company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.92. The business had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.63 billion. Embraer had a net margin of 8.24% and a return on equity of 11.61%. During the same quarter last year, the firm earned $0.18 EPS. As a group, research analysts expect that Embraer S.A. will post 2.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ERJ shares. UBS Group downgraded Embraer from a “neutral” rating to a “sell” rating and lifted their price target for the company from $29.00 to $32.00 in a report on Tuesday, November 19th. Bank of America upped their target price 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 shares of Embraer from a “hold” rating to a “buy” rating in a report on Wednesday, December 25th. Finally, TD Cowen upgraded shares of Embraer to a “strong-buy” rating in a research note on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, one has assigned 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, Embraer has an average 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.