Embraer S.A. (ERJ) Forms $25.16 Double Top; Tortoise Capital Advisors Lifted Its Laredo Petroleum (LPI) Holding

Embraer S.A. (NYSE:ERJ) Logo

Embraer S.A. (ERJ) formed double top with $26.42 target or 5.00% above today’s $25.16 share price. Embraer S.A. (ERJ) has $4.71 billion valuation. The stock increased 0.28% or $0.07 during the last trading session, reaching $25.16. About 544,009 shares traded. Embraer S.A. (NYSE:ERJ) has risen 15.99% since May 17, 2017 and is uptrending. It has outperformed by 4.44% the S&P500.

Tortoise Capital Advisors Llc increased Laredo Petroleum Inc. (LPI) stake by 11.21% reported in 2017Q4 SEC filing. Tortoise Capital Advisors Llc acquired 40,000 shares as Laredo Petroleum Inc. (LPI)’s stock declined 18.90%. The Tortoise Capital Advisors Llc holds 396,976 shares with $4.21 million value, up from 356,976 last quarter. Laredo Petroleum Inc. now has $2.28B valuation. The stock decreased 1.42% or $0.14 during the last trading session, reaching $9.75. About 4.29M shares traded or 25.90% up from the average. Laredo Petroleum, Inc. (NYSE:LPI) has declined 35.20% since May 17, 2017 and is downtrending. It has underperformed by 46.75% the S&P500.

Tortoise Capital Advisors Llc decreased Cheniere Energy Inc. (NYSEMKT:LNG) stake by 26,111 shares to 6.03M valued at $324.78 million in 2017Q4. It also reduced Phillips 66 (NYSE:PSX) stake by 5,262 shares and now owns 10,953 shares. Genesis Energy L.P. (NYSE:GEL) was reduced too.

More news for Laredo Petroleum, Inc. (NYSE:LPI) were recently published by: Globenewswire.com, which released: “New Research Coverage Highlights Tyson Foods, Windstream, Laredo Petroleum, Idera Pharmaceuticals …” on May 16, 2018. Globenewswire.com‘s article titled: “Laredo Petroleum Announces 2018 First-Quarter Financial and Operating Results” and published on May 02, 2018 is yet another important article.

Investors sentiment increased to 1.39 in 2017 Q4. Its up 0.19, from 1.2 in 2017Q3. It improved, as 17 investors sold LPI shares while 40 reduced holdings. 29 funds opened positions while 50 raised stakes. 251.28 million shares or 1.13% less from 254.15 million shares in 2017Q3 were reported. Morgan Stanley holds 0% or 204,387 shares in its portfolio. Moreover, Channing Cap Mngmt Limited Liability Corp has 1.17% invested in Laredo Petroleum, Inc. (NYSE:LPI). Swiss National Bank & Trust holds 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 264,500 shares. Wells Fargo And Co Mn accumulated 304,856 shares. Menta Llc owns 35,446 shares for 0.07% of their portfolio. Parametric Portfolio Associate Limited Liability Corp invested in 214,758 shares or 0% of the stock. Aperio Group Inc Ltd Liability Corporation has invested 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI). Raymond James Finance Svcs Advsr holds 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI) for 29,209 shares. State Of Alaska Department Of Revenue reported 11,600 shares stake. Vanguard Grp, a Pennsylvania-based fund reported 15.45M shares. Ny State Common Retirement Fund accumulated 0.02% or 1.24 million shares. Gsa Ltd Liability Partnership reported 28,980 shares stake. Dimensional Fund Advsrs Lp has invested 0.02% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI). Gradient Investments Ltd Llc has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). Guggenheim Cap Limited Liability owns 103,076 shares for 0% of their portfolio.

Among 34 analysts covering Laredo Petroleum Holdings Inc (NYSE:LPI), 12 have Buy rating, 3 Sell and 19 Hold. Therefore 35% are positive. Laredo Petroleum Holdings Inc had 105 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Credit Suisse on Wednesday, August 12. The firm has “Hold” rating by KLR given on Monday, December 7. Deutsche Bank initiated the stock with “Hold” rating in Wednesday, December 2 report. The firm earned “Buy” rating on Monday, January 29 by Stifel Nicolaus. The stock has “Outperform” rating by FBR Capital on Wednesday, February 15. BMO Capital Markets maintained Laredo Petroleum, Inc. (NYSE:LPI) rating on Friday, August 11. BMO Capital Markets has “Hold” rating and $1400 target. The rating was initiated by Nomura on Thursday, December 3 with “Neutral”. Credit Suisse maintained the stock with “Sell” rating in Monday, April 3 report. Iberia Capital Partners downgraded it to “Sector Perform” rating and $12 target in Tuesday, October 13 report. The stock of Laredo Petroleum, Inc. (NYSE:LPI) earned “Buy” rating by Piper Jaffray on Wednesday, September 6.

Analysts await Embraer S.A. (NYSE:ERJ) to report earnings on July, 27. They expect $0.45 earnings per share, down 32.84% or $0.22 from last year’s $0.67 per share. ERJ’s profit will be $84.21 million for 13.98 P/E if the $0.45 EPS becomes a reality. After $-0.13 actual earnings per share reported by Embraer S.A. for the previous quarter, Wall Street now forecasts -446.15% EPS growth.

Among 12 analysts covering Embraer Sa (NYSE:ERJ), 4 have Buy rating, 3 Sell and 5 Hold. Therefore 33% are positive. Embraer Sa has $39 highest and $19 lowest target. $24.06’s average target is -4.37% below currents $25.16 stock price. Embraer Sa had 31 analyst reports since July 31, 2015 according to SRatingsIntel. Santander downgraded Embraer S.A. (NYSE:ERJ) on Monday, October 30 to “Underperform” rating. The firm has “Outperform” rating by Credit Suisse given on Friday, March 9. The firm has “Sector Perform” rating by Scotia Capital given on Tuesday, October 17. The rating was downgraded by Deutsche Bank to “Hold” on Tuesday, October 17. As per Friday, July 28, the company rating was maintained by Cowen & Co. The company was maintained on Monday, May 2 by RBC Capital Markets. J.P. Morgan downgraded it to “Hold” rating and $21.0 target in Tuesday, October 31 report. Credit Suisse downgraded the stock to “Hold” rating in Friday, December 22 report. The rating was maintained by Cowen & Co on Monday, January 22 with “Hold”. Credit Suisse upgraded the stock to “Buy” rating in Thursday, October 26 report.

Laredo Petroleum, Inc. (NYSE:LPI) Institutional Positions Chart