Personal CFO Solutions LLC Acquires New Holdings in Embraer S.A. (NYSE:ERJ)

Personal CFO Solutions LLC acquired a new stake in Embraer S.A. (NYSE:ERJ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 10,071 shares of the aerospace company’s stock, valued at approximately $156,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Brandes Investment Partners LP lifted its stake in Embraer by 17.6% in the 1st quarter. Brandes Investment Partners LP now owns 18,484,175 shares of the aerospace company’s stock valued at $302,586,000 after purchasing an additional 2,764,894 shares during the last quarter. FMR LLC lifted its stake in Embraer by 1.9% in the 1st quarter. FMR LLC now owns 3,935,642 shares of the aerospace company’s stock valued at $64,426,000 after purchasing an additional 72,348 shares during the last quarter. American Century Companies Inc. lifted its stake in Embraer by 36.2% in the 1st quarter. American Century Companies Inc. now owns 3,238,946 shares of the aerospace company’s stock valued at $53,022,000 after purchasing an additional 860,318 shares during the last quarter. Renaissance Technologies LLC increased its position in Embraer by 148.1% in the 1st quarter. Renaissance Technologies LLC now owns 2,869,400 shares of the aerospace company’s stock valued at $36,183,000 after acquiring an additional 1,712,800 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Embraer by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,142,006 shares of the aerospace company’s stock valued at $35,065,000 after acquiring an additional 46,572 shares during the period. Institutional investors own 34.65% of the company’s stock.

Embraer Trading Up 1.6 %

ERJ opened at $16.45 on Tuesday. Embraer S.A. has a twelve month low of $9.70 and a twelve month high of $17.14. The company has a quick ratio of 0.80, a current ratio of 1.65 and a debt-to-equity ratio of 0.98. The company has a fifty day moving average of $14.35 and a 200-day moving average of $14.80. The stock has a market cap of $3.02 billion, a PE ratio of -411.13, a price-to-earnings-growth ratio of 1.33 and a beta of 1.43.

Wall Street Analysts Forecast Growth

ERJ has been the subject of several recent research reports. StockNews.com upgraded shares of Embraer from a “hold” rating to a “buy” rating in a research report on Friday, November 10th. Citigroup upgraded shares of Embraer from a “neutral” rating to a “buy” rating and set a $16.00 price target for the company in a research report on Monday, October 16th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $20.10.

Embraer 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.