Holistic Financial Partners Has $237,000 Holdings in Embraer SA (ERJ)

Holistic Financial Partners raised its holdings in Embraer SA (NYSE:ERJ) by 17.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,455 shares of the aerospace company’s stock after purchasing an additional 1,879 shares during the quarter. Holistic Financial Partners’ holdings in Embraer were worth $237,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. raised its position in shares of Embraer by 10.3% during the 3rd quarter. BlackRock Inc. now owns 600,853 shares of the aerospace company’s stock worth $11,772,000 after purchasing an additional 56,048 shares during the last quarter. American Century Companies Inc. boosted its position in Embraer by 442.9% during the 4th quarter. American Century Companies Inc. now owns 709,385 shares of the aerospace company’s stock worth $15,699,000 after purchasing an additional 578,725 shares during the period. Community Financial Services Group LLC boosted its position in Embraer by 4.2% during the 4th quarter. Community Financial Services Group LLC now owns 271,470 shares of the aerospace company’s stock worth $6,007,000 after purchasing an additional 11,025 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Embraer during the fourth quarter valued at about $112,000. Finally, Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Embraer by 73.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 39,000 shares of the aerospace company’s stock valued at $863,000 after acquiring an additional 16,500 shares in the last quarter. 45.70% of the stock is currently owned by institutional investors.

Embraer stock traded down $0.67 on Thursday, reaching $17.37. 23,653 shares of the stock were exchanged, compared to its average volume of 857,899. The firm has a market cap of $3.49 billion, a price-to-earnings ratio of -58.30 and a beta of -0.25. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.33 and a quick ratio of 1.51. Embraer SA has a twelve month low of $17.99 and a twelve month high of $27.70.

Embraer (NYSE:ERJ) last announced its quarterly earnings data on Wednesday, May 15th. The aerospace company reported ($0.34) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.21) by ($0.13). The company had revenue of $823.30 million for the quarter, compared to analyst estimates of $1.03 billion. Embraer had a negative net margin of 3.51% and a negative return on equity of 1.35%. The firm’s quarterly revenue was down 14.3% on a year-over-year basis. During the same period in the prior year, the company posted ($0.13) EPS. As a group, sell-side analysts expect that Embraer SA will post -0.04 earnings per share for the current year.

A number of research firms recently commented on ERJ. Morgan Stanley downgraded Embraer from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $24.50 to $24.00 in a research note on Wednesday, January 16th. Credit Suisse Group cut Embraer from an “outperform” rating to a “neutral” rating in a report on Tuesday, January 22nd. ValuEngine raised Embraer from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. Cowen reissued a “hold” rating and set a $24.00 target price on shares of Embraer in a report on Thursday, January 17th. Finally, Zacks Investment Research cut Embraer from a “buy” rating to a “hold” rating in a report on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. Embraer has an average rating of “Hold” and a consensus price target of $26.75.

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Embraer Company Profile

Embraer SA designs, develops, manufactures, and sells aircraft and systems in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. It operates through Commercial Aviation, Defense and Security, Executive Jets, Service & Support, and Other segments. The Commercial Aviation segment develops, produces, and sells commercial jets; and provides support services, as well as leases aircraft.

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Institutional Ownership by Quarter for Embraer (NYSE:ERJ)

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