LVW Advisors LLC Has $391,000 Stake in Embraer S.A. (NYSE:ERJ)

LVW Advisors LLC raised its position in Embraer S.A. (NYSE:ERJ) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,660 shares of the aerospace company’s stock after acquiring an additional 340 shares during the quarter. LVW Advisors LLC’s holdings in Embraer were worth $391,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Sunbelt Securities Inc. bought a new stake in shares of Embraer in the 2nd quarter valued at about $41,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Embraer by 25.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,280 shares of the aerospace company’s stock valued at $59,000 after buying an additional 456 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Embraer by 7.9% during the 3rd quarter. Signaturefd LLC now owns 5,676 shares of the aerospace company’s stock worth $201,000 after acquiring an additional 414 shares during the period. Brendel Financial Advisors LLC acquired a new position in shares of Embraer during the 3rd quarter worth approximately $202,000. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Embraer during the 3rd quarter worth approximately $242,000. Institutional investors own 34.65% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on ERJ. UBS Group cut shares of Embraer from a “neutral” rating to a “sell” rating and lifted their price objective for the stock from $29.00 to $32.00 in a research report on Tuesday, November 19th. Bank of America lifted their target price on shares of Embraer from $40.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. TD Cowen upgraded shares of Embraer to a “strong-buy” rating in a research report on Thursday, December 19th. Finally, StockNews.com raised Embraer from a “hold” rating to a “buy” rating in a research report on Wednesday, December 25th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $37.43.

Embraer Stock Down 0.9 %

NYSE ERJ opened at $39.37 on Tuesday. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 0.74. The company has a market cap of $7.23 billion, a price-to-earnings ratio of 14.47 and a beta of 1.71. The company has a 50 day moving average of $37.59 and a 200-day moving average of $34.47. Embraer S.A. has a 1-year low of $16.89 and a 1-year high of $40.34.

About Embraer

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.