Gleason Group Inc. Has $41,000 Stake in Embraer S.A. (NYSE:ERJ)

Gleason Group Inc. lowered its stake in Embraer S.A. (NYSE:ERJ – Get Rating) by 84.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,750 shares of the aerospace company’s stock after selling 20,000 shares during the quarter. Gleason Group Inc.’s holdings in Embraer were worth $41,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Eagle Bay Advisors LLC acquired a new stake in shares of Embraer in the second quarter valued at approximately $27,000. Atlas Capital Advisors LLC increased its holdings in shares of Embraer by 241.4% in the third quarter. Atlas Capital Advisors LLC now owns 4,404 shares of the aerospace company’s stock valued at $38,000 after purchasing an additional 3,114 shares in the last quarter. Advisors Asset Management Inc. acquired a new stake in shares of Embraer in the first quarter valued at approximately $60,000. US Bancorp DE increased its holdings in shares of Embraer by 23.0% in the third quarter. US Bancorp DE now owns 7,832 shares of the aerospace company’s stock valued at $67,000 after purchasing an additional 1,462 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Embraer by 268.3% in the third quarter. Tower Research Capital LLC TRC now owns 13,126 shares of the aerospace company’s stock valued at $113,000 after purchasing an additional 9,562 shares in the last quarter. Institutional investors and hedge funds own 37.89% of the company’s stock.

Wall Street Analyst Weigh In

ERJ has been the subject of a number of research reports. The Goldman Sachs Group raised their price target on shares of Embraer from $16.00 to $18.00 and gave the company a “buy” rating in a report on Monday, March 13th. TheStreet raised shares of Embraer from a “d+” rating to a “c-” rating in a report on Wednesday, February 8th. JPMorgan Chase & Co. lifted their target price on shares of Embraer from $26.00 to $26.50 and gave the stock an “overweight” rating in a report on Tuesday, December 6th. StockNews.com raised shares of Embraer from a “hold” rating to a “buy” rating in a report on Saturday. Finally, UBS Group started coverage on shares of Embraer in a report on Monday, January 9th. They set a “buy” rating and a $14.00 target price for the company. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $16.85.

Embraer Trading Down 0.3 %

Shares of NYSE ERJ opened at $15.19 on Friday. The company’s fifty day moving average is $12.98 and its 200-day moving average is $11.16. The stock has a market cap of $2.79 billion, a price-to-earnings ratio of 79.95, a P/E/G ratio of 1.03 and a beta of 1.24. Embraer S.A. has a twelve month low of $7.91 and a twelve month high of $15.40. The company has a quick ratio of 0.92, a current ratio of 1.79 and a debt-to-equity ratio of 1.02.

About Embraer

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Embraer SA engages in the design, manufacture, and sale of aircraft and its parts for commercial, defense, and executive aviation sectors. It operates through the following segments: Commercial Aviation, Defense and Security, Executive Jet Business, Service & Support and Others. The Commercial Aviation segment is involved in the development, production, and sale of commercial jets; and the provision of support services to regional aviation and aircraft leasing.