Burns Matteson Capital Management LLC Invests $641,000 in Embraer-Empresa Brasileira de Aeronautica $EMBJ

Burns Matteson Capital Management LLC purchased a new stake in Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,953 shares of the aerospace company’s stock, valued at approximately $641,000.

Other institutional investors have also recently bought and sold shares of the company. CoreCap Advisors LLC acquired a new position in Embraer-Empresa Brasileira de Aeronautica during the 4th quarter worth $39,000. Jones Financial Companies Lllp increased its stake 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 valued at $70,000 after buying an additional 747 shares during the period. Farther Finance Advisors LLC raised its position in shares of Embraer-Empresa Brasileira de Aeronautica by 15.7% during the third quarter. Farther Finance Advisors LLC now owns 2,149 shares of the aerospace company’s stock worth $130,000 after acquiring an additional 291 shares during the last quarter. Rexford Capital Inc. bought a new stake in shares of Embraer-Empresa Brasileira de Aeronautica during the second quarter worth $203,000. Finally, Gleason Group Inc. acquired a new position in shares of Embraer-Empresa Brasileira de Aeronautica during the fourth quarter valued at $242,000. Institutional investors own 34.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on EMBJ shares. Zacks Research upgraded Embraer-Empresa Brasileira de Aeronautica from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. Wall Street Zen downgraded shares of Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Embraer-Empresa Brasileira de Aeronautica from $80.00 to $84.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $64.43.

Embraer-Empresa Brasileira de Aeronautica Stock Up 6.7%

NYSE:EMBJ opened at $59.30 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 1.50 and a debt-to-equity ratio of 0.65. Embraer-Empresa Brasileira de Aeronautica has a 12-month low of $38.78 and a 12-month high of $80.75. The stock’s fifty day simple moving average is $67.89 and its 200-day simple moving average is $65.48. The firm has a market capitalization of $10.71 billion, a P/E ratio of 30.89, a P/E/G ratio of 1.35 and a beta of 1.55.

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) last released its quarterly earnings data on Saturday, February 14th. The aerospace company reported $0.46 EPS for the quarter. Embraer-Empresa Brasileira de Aeronautica had a return on equity of 7.45% and a net margin of 4.64%.The business had revenue of $2.65 billion during the quarter. Equities research analysts expect that Embraer-Empresa Brasileira de Aeronautica will post 2.04 earnings per share for the current year.

Embraer-Empresa Brasileira de Aeronautica Profile

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.