Barclays PLC Increases Stock Holdings in Eve Holding, Inc. (NYSE:EVEX)

Barclays PLC grew its holdings in shares of Eve Holding, Inc. (NYSE:EVEX) by 594.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,931 shares of the company’s stock after purchasing an additional 37,602 shares during the period. Barclays PLC’s holdings in EVE were worth $141,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Blair William & Co. IL purchased a new stake in EVE during the 2nd quarter worth approximately $190,000. SG Americas Securities LLC acquired a new position in shares of EVE in the third quarter worth $35,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of EVE in the third quarter valued at $40,000. Charles Schwab Investment Management Inc. raised its stake in shares of EVE by 63.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 332,732 shares of the company’s stock valued at $1,078,000 after acquiring an additional 129,300 shares in the last quarter. Finally, Readystate Asset Management LP purchased a new position in EVE in the third quarter valued at $83,000. Institutional investors and hedge funds own 1.27% of the company’s stock.

EVE Price Performance

Shares of NYSE:EVEX opened at $5.69 on Wednesday. Eve Holding, Inc. has a 12 month low of $2.33 and a 12 month high of $7.30. The firm has a market capitalization of $1.69 billion, a P/E ratio of -11.85 and a beta of 0.42. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.21 and a quick ratio of 5.21. The company’s fifty day moving average price is $4.16 and its 200 day moving average price is $3.50.

EVE (NYSE:EVEX) last posted its earnings results on Monday, November 4th. The company reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.01. During the same period last year, the firm posted ($0.11) EPS. As a group, sell-side analysts predict that Eve Holding, Inc. will post -0.5 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on EVEX shares. Cantor Fitzgerald restated an “overweight” rating and set a $5.00 price target on shares of EVE in a report on Tuesday, November 5th. Canaccord Genuity Group upped their target price on shares of EVE from $6.75 to $7.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Finally, TD Cowen upgraded shares of EVE to a “hold” rating in a research note on Thursday, December 19th.

EVE Profile

Eve Holding, Inc, together with its subsidiaries, develops urban air mobility solutions. It is involved in the design and production of electrical vertical take-off and landing vehicles (eVTOLs); provision of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling, and data services; and development of urban air traffic management systems.