Advanced Energy Industries, Inc. (NASDAQ:AEIS) Stake Boosted by Signaturefd LLC

Signaturefd LLC grew its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 37.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,388 shares of the electronics maker’s stock after purchasing an additional 381 shares during the quarter. Signaturefd LLC’s holdings in Advanced Energy Industries were worth $160,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Versant Capital Management Inc grew its holdings in shares of Advanced Energy Industries by 535.3% during the fourth quarter. Versant Capital Management Inc now owns 216 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 182 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Advanced Energy Industries during the third quarter valued at approximately $41,000. Venturi Wealth Management LLC bought a new position in shares of Advanced Energy Industries during the fourth quarter valued at approximately $74,000. Blue Trust Inc. grew its holdings in shares of Advanced Energy Industries by 26.3% during the fourth quarter. Blue Trust Inc. now owns 1,023 shares of the electronics maker’s stock valued at $108,000 after purchasing an additional 213 shares during the last quarter. Finally, Principal Securities Inc. grew its holdings in shares of Advanced Energy Industries by 16.1% during the fourth quarter. Principal Securities Inc. now owns 989 shares of the electronics maker’s stock valued at $114,000 after purchasing an additional 137 shares during the last quarter. 99.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AEIS has been the subject of a number of recent analyst reports. Robert W. Baird decreased their price objective on Advanced Energy Industries from $138.00 to $136.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. Stifel Nicolaus increased their price objective on Advanced Energy Industries from $130.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Citigroup raised Advanced Energy Industries from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $110.00 to $138.00 in a report on Monday, January 6th. Wells Fargo & Company decreased their price objective on Advanced Energy Industries from $115.00 to $110.00 and set an “equal weight” rating for the company in a report on Thursday, February 13th. Finally, Bank of America raised Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $140.00 price objective for the company in a report on Monday, December 16th. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Advanced Energy Industries has a consensus rating of “Moderate Buy” and a consensus price target of $126.56.

Advanced Energy Industries Stock Performance

AEIS opened at $105.26 on Friday. The firm has a market cap of $3.99 billion, a PE ratio of 73.61, a P/E/G ratio of 1.39 and a beta of 1.43. The company has a quick ratio of 3.27, a current ratio of 4.42 and a debt-to-equity ratio of 0.47. The business has a fifty day simple moving average of $115.44 and a 200-day simple moving average of $112.11. Advanced Energy Industries, Inc. has a fifty-two week low of $89.12 and a fifty-two week high of $132.16.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings data on Wednesday, February 12th. The electronics maker reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.09 by ($0.03). Advanced Energy Industries had a return on equity of 8.90% and a net margin of 3.66%. As a group, equities analysts predict that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Monday, February 24th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.38%. The ex-dividend date was Monday, February 24th. Advanced Energy Industries’s dividend payout ratio is presently 27.97%.

Insider Transactions at Advanced Energy Industries

In other news, COO Eduardo Bernal Acebedo sold 19,309 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $111.61, for a total value of $2,155,077.49. Following the completion of the sale, the chief operating officer now owns 19,822 shares of the company’s stock, valued at $2,212,333.42. This trade represents a 49.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Lanesha Minnix sold 1,600 shares of the firm’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $129.37, for a total value of $206,992.00. Following the completion of the sale, the director now directly owns 3,492 shares of the company’s stock, valued at approximately $451,760.04. This trade represents a 31.42 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.00% of the company’s stock.

Advanced Energy Industries Profile

Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.