Invesco Ltd. Takes Position in Eve Holding, Inc. (NYSE:EVEX)

Invesco Ltd. acquired a new position in shares of Eve Holding, Inc. (NYSE:EVEX) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,445 shares of the company’s stock, valued at approximately $62,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Barclays PLC boosted its position in EVE by 594.1% in the third quarter. Barclays PLC now owns 43,931 shares of the company’s stock valued at $141,000 after buying an additional 37,602 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of EVE by 65.4% in the 3rd quarter. Geode Capital Management LLC now owns 850,022 shares of the company’s stock valued at $2,754,000 after acquiring an additional 336,133 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of EVE by 296.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 38,830 shares of the company’s stock valued at $126,000 after acquiring an additional 29,029 shares in the last quarter. SG Americas Securities LLC grew its position in EVE by 112.6% during the 4th quarter. SG Americas Securities LLC now owns 22,651 shares of the company’s stock worth $123,000 after acquiring an additional 11,996 shares during the last quarter. Finally, Rhumbline Advisers grew its position in EVE by 80.7% during the 4th quarter. Rhumbline Advisers now owns 28,069 shares of the company’s stock worth $153,000 after acquiring an additional 12,539 shares during the last quarter. 1.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. HC Wainwright reiterated a “buy” rating and set a $6.00 target price on shares of EVE in a research report on Wednesday, March 12th. Cantor Fitzgerald reiterated an “overweight” rating and set a $5.00 price target on shares of EVE in a report on Friday, March 14th.

EVE Price Performance

EVE stock opened at $3.56 on Tuesday. The firm has a market cap of $1.06 billion, a P/E ratio of -7.41 and a beta of 0.53. The stock’s 50 day moving average is $3.57 and its 200 day moving average is $4.05. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.21 and a quick ratio of 5.21. Eve Holding, Inc. has a one year low of $2.33 and a one year high of $6.09.

EVE (NYSE:EVEX) last posted its quarterly earnings data on Friday, March 14th. The company reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.01. As a group, research analysts expect that Eve Holding, Inc. will post -0.5 EPS for the current year.

EVE Company Profile

Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.