Thompson Siegel & Walmsley LLC purchased a new position in shares of Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,193,300 shares of the aerospace company’s stock, valued at approximately $49,590,000. Thompson Siegel & Walmsley LLC owned 1.19% of Embraer-Empresa Brasileira de Aeronautica as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of ERJ. Brandes Investment Partners LP raised its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 6.6% in the 2nd quarter. Brandes Investment Partners LP now owns 19,847,728 shares of the aerospace company’s stock valued at $361,824,000 after acquiring an additional 1,227,021 shares during the period. Hotchkis & Wiley Capital Management LLC raised its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 10.1% in the 2nd quarter. Hotchkis & Wiley Capital Management LLC now owns 8,170,429 shares of the aerospace company’s stock valued at $148,947,000 after acquiring an additional 747,735 shares during the period. Holowesko Partners Ltd. raised its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 20.9% in the 2nd quarter. Holowesko Partners Ltd. now owns 3,843,250 shares of the aerospace company’s stock valued at $70,062,000 after acquiring an additional 665,000 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 19.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,765,620 shares of the aerospace company’s stock valued at $68,650,000 after acquiring an additional 616,851 shares during the period. Finally, Franklin Resources Inc. raised its stake in shares of Embraer-Empresa Brasileira de Aeronautica by 45.0% in the 2nd quarter. Franklin Resources Inc. now owns 2,844,323 shares of the aerospace company’s stock valued at $51,852,000 after acquiring an additional 883,361 shares during the period. 51.71% of the stock is currently owned by institutional investors.

Embraer-Empresa Brasileira de Aeronautica (NYSE ERJ) traded up $0.13 on Tuesday, reaching $18.91. 1,051,800 shares of the company were exchanged, compared to its average volume of 1,250,749. The firm has a market cap of $3,550.00, a price-to-earnings ratio of 7.99, a price-to-earnings-growth ratio of 0.61 and a beta of 0.34. Embraer-Empresa Brasileira de Aeronautica has a 1-year low of $17.58 and a 1-year high of $24.95. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.73 and a current ratio of 2.67.

Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) last released its quarterly earnings results on Friday, October 27th. The aerospace company reported $0.41 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.11. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.34 billion. Embraer-Empresa Brasileira de Aeronautica had a net margin of 6.63% and a return on equity of 10.65%. analysts forecast that Embraer-Empresa Brasileira de Aeronautica will post 1.81 earnings per share for the current year.

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A number of equities analysts have recently commented on the stock. TheStreet downgraded shares of Embraer-Empresa Brasileira de Aeronautica from a “b-” rating to a “c” rating in a research note on Thursday, November 9th. ValuEngine raised shares of Embraer-Empresa Brasileira de Aeronautica from a “hold” rating to a “buy” rating in a research note on Saturday, November 4th. Zacks Investment Research downgraded shares of Embraer-Empresa Brasileira de Aeronautica from a “hold” rating to a “sell” rating in a research note on Thursday, November 2nd. Bank of America Corporation set a $27.00 target price on shares of Embraer-Empresa Brasileira de Aeronautica and gave the company a “buy” rating in a research note on Wednesday, November 1st. Finally, J P Morgan Chase & Co downgraded shares of Embraer-Empresa Brasileira de Aeronautica from an “overweight” rating to a “neutral” rating and set a $21.00 target price on the stock. in a research note on Tuesday, October 31st. Three analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $21.67.

Embraer-Empresa Brasileira de Aeronautica Company Profile

Institutional Ownership by Quarter for Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ)

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