Embraer-Empresa Brasileira de Aeronautica Sees Unusually Large Options Volume (NYSE:EMBJ)

Embraer-Empresa Brasileira de Aeronautica (NYSE:EMBJ) was the target of some unusual options trading on Wednesday. Investors purchased 8,018 call options on the stock. This is an increase of approximately 694% compared to the typical volume of 1,010 call options.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on EMBJ shares. Wall Street Zen upgraded shares of Embraer-Empresa Brasileira de Aeronautica from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Scotiabank initiated coverage on shares of Embraer-Empresa Brasileira de Aeronautica in a research report on Monday, June 8th. They set a “sector outperform” rating and a $81.00 price objective for the company. Weiss Ratings raised Embraer-Empresa Brasileira de Aeronautica from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Finally, JPMorgan Chase & Co. increased their target price on Embraer-Empresa Brasileira de Aeronautica from $80.00 to $104.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.00.

Embraer-Empresa Brasileira de Aeronautica Price Performance

Shares of EMBJ stock traded up $0.86 during trading on Wednesday, hitting $75.49. The company had a trading volume of 999,400 shares, compared to its average volume of 1,359,685. The firm has a market capitalization of $13.64 billion, a P/E ratio of 30.56, a price-to-earnings-growth ratio of 1.74 and a beta of 1.44. Embraer-Empresa Brasileira de Aeronautica has a one year low of $53.56 and a one year high of $80.75. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.72 and a current ratio of 1.44. The stock’s 50-day moving average price is $67.83 and its 200 day moving average price is $64.77.

Institutional Trading of Embraer-Empresa Brasileira de Aeronautica

Several large investors have recently modified their holdings of the stock. Nykredit A S acquired a new position in Embraer-Empresa Brasileira de Aeronautica in the second quarter valued at about $422,000. MBA Advisors LLC bought a new position in Embraer-Empresa Brasileira de Aeronautica in the 2nd quarter valued at about $520,000. Aubrey Capital Management Ltd bought a new position in Embraer-Empresa Brasileira de Aeronautica in the 2nd quarter valued at about $14,904,000. RPg Family Wealth Advisory LLC raised its position in shares of Embraer-Empresa Brasileira de Aeronautica by 2.7% in the 2nd quarter. RPg Family Wealth Advisory LLC now owns 289,032 shares of the aerospace company’s stock valued at $18,440,000 after buying an additional 7,556 shares in the last quarter. Finally, AlpenGlobal Capital LLC acquired a new position in shares of Embraer-Empresa Brasileira de Aeronautica in the 2nd quarter valued at approximately $1,785,000. 34.65% of the stock is owned by institutional investors and hedge funds.

Embraer-Empresa Brasileira de Aeronautica Company Profile

Embraer SA (NYSE:EMBJ), legally known as Embraer – Empresa Brasileira de Aeronáutica SA, is a global aerospace company headquartered in São José dos Campos, Brazil. The company designs, develops, manufactures and sells commercial, executive, defence and agricultural aircraft. Embraer’s product portfolio includes the popular E-Jets family for regional and short-haul carriers, the advanced E2 series, a range of business jets under the Phenom, Legacy and Praetor brands, the A-29 Super Tucano military trainer and light attack aircraft, the C-390 Millennium multi-mission transport platform, and the Ipanema agricultural aircraft.

Embraer’s commercial aviation segment focuses on regional airlines and air taxi operators, offering aircraft that seat between 70 and 150 passengers.