5,396 Shares in Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC purchased a new position in shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,396 shares of the aerospace company’s stock, valued at approximately $249,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jones Financial Companies Lllp acquired a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the fourth quarter worth $28,000. SPX Gestao de Recursos Ltda acquired a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the fourth quarter worth $37,000. Colonial Trust Co SC acquired a new stake in shares of Embraer-Empresa Brasileira de Aeronautica in the fourth quarter worth $42,000. Lindbrook Capital LLC increased its position in shares of Embraer-Empresa Brasileira de Aeronautica by 32.9% in the fourth quarter. Lindbrook Capital LLC now owns 1,572 shares of the aerospace company’s stock worth $58,000 after acquiring an additional 389 shares in the last quarter. Finally, Edmond DE Rothschild Holding S.A. increased its position in shares of Embraer-Empresa Brasileira de Aeronautica by 71.9% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 1,934 shares of the aerospace company’s stock worth $71,000 after acquiring an additional 809 shares in the last quarter. Institutional investors and hedge funds own 34.65% of the company’s stock.

Embraer-Empresa Brasileira de Aeronautica Price Performance

Shares of ERJ stock opened at $61.34 on Friday. The company has a market capitalization of $11.26 billion, a PE ratio of 28.40 and a beta of 1.72. The firm has a fifty day simple moving average of $49.86 and a 200-day simple moving average of $45.51. The company has a current ratio of 1.32, a quick ratio of 0.59 and a debt-to-equity ratio of 0.56. Embraer-Empresa Brasileira de Aeronautica has a twelve month low of $26.04 and a twelve month high of $61.05.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) last posted its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.19. Embraer-Empresa Brasileira de Aeronautica had a net margin of 6.02% and a return on equity of 16.43%. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same period in the prior year, the firm posted ($0.48) EPS. The firm’s revenue was up 23.0% compared to the same quarter last year. Equities research analysts anticipate that Embraer-Empresa Brasileira de Aeronautica will post 2.04 earnings per share for the current fiscal year.

Embraer-Empresa Brasileira de Aeronautica Announces Dividend

The business also recently disclosed a — dividend, which was paid on Monday, June 2nd. Shareholders of record on Friday, May 16th were paid a dividend of $0.049 per share. The ex-dividend date of this dividend was Friday, May 16th. Embraer-Empresa Brasileira de Aeronautica’s dividend payout ratio (DPR) is 2.31%.

Analysts Set New Price Targets

ERJ has been the subject of several recent research reports. The Goldman Sachs Group increased their price objective on shares of Embraer-Empresa Brasileira de Aeronautica from $54.00 to $60.00 and gave the stock a “buy” rating in a research report on Monday, May 12th. Wall Street Zen lowered shares of Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “hold” rating in a research report on Monday, March 10th. HSBC raised shares of Embraer-Empresa Brasileira de Aeronautica from a “hold” rating to a “buy” rating and increased their price objective for the stock from $45.00 to $57.00 in a research report on Wednesday, June 4th. Hsbc Global Res upgraded shares of Embraer-Empresa Brasileira de Aeronautica from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 4th. Finally, UBS Group restated a “sell” rating and issued a $39.00 target price (up from $35.00) on shares of Embraer-Empresa Brasileira de Aeronautica in a research note on Thursday, April 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $50.40.

Embraer-Empresa Brasileira de Aeronautica 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.