Price T Rowe Associates Inc. MD Has $109,000 Position in Eve Holding, Inc. (NYSE:EVEX)

Price T Rowe Associates Inc. MD boosted its holdings in shares of Eve Holding, Inc. (NYSE:EVEX) by 65.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 19,928 shares of the company’s stock after acquiring an additional 7,919 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in EVE were worth $109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Summit Investment Advisors Inc. grew its holdings in shares of EVE by 257.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 5,345 shares of the company’s stock worth $29,000 after purchasing an additional 3,850 shares during the last quarter. Legal & General Group Plc lifted its holdings in EVE by 118.0% during the 4th quarter. Legal & General Group Plc now owns 5,545 shares of the company’s stock valued at $30,000 after purchasing an additional 3,001 shares during the last quarter. Invesco Ltd. bought a new position in EVE during the 4th quarter valued at about $62,000. Intech Investment Management LLC bought a new position in EVE during the 4th quarter valued at about $85,000. Finally, Sei Investments Co. bought a new position in EVE during the 4th quarter valued at about $108,000. Institutional investors and hedge funds own 1.27% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on EVEX. HC Wainwright reissued a “buy” rating and set a $6.00 price target on shares of EVE in a report on Wednesday, March 12th. Cantor Fitzgerald reissued an “overweight” rating and set a $5.00 price target on shares of EVE in a report on Friday, March 14th.

EVE Trading Up 3.6%

Shares of EVEX stock opened at $4.70 on Friday. Eve Holding, Inc. has a 12-month low of $2.33 and a 12-month high of $6.09. The company has a market capitalization of $1.40 billion, a P/E ratio of -9.78 and a beta of 0.53. The firm has a 50-day moving average price of $3.59 and a 200 day moving average price of $4.08. The company has a quick ratio of 5.21, a current ratio of 5.21 and a debt-to-equity ratio of 0.42.

EVE (NYSE:EVEX) last announced its earnings results on Monday, May 12th. The company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.03). Research analysts forecast that Eve Holding, Inc. will post -0.5 earnings per share for the current fiscal year.

EVE Company Profile

Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.