Advanced Energy Industries, Inc. (NASDAQ:AEIS) Position Increased by Xponance Inc.

Xponance Inc. increased its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 10.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,687 shares of the electronics maker’s stock after buying an additional 251 shares during the quarter. Xponance Inc.’s holdings in Advanced Energy Industries were worth $311,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in AEIS. Charles Schwab Investment Management Inc. grew its position in shares of Advanced Energy Industries by 4.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 460,121 shares of the electronics maker’s stock worth $53,204,000 after acquiring an additional 18,533 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in Advanced Energy Industries by 10.2% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 139,556 shares of the electronics maker’s stock worth $16,137,000 after purchasing an additional 12,860 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Advanced Energy Industries in the fourth quarter valued at approximately $3,971,000. Amundi raised its holdings in shares of Advanced Energy Industries by 192.6% during the fourth quarter. Amundi now owns 19,405 shares of the electronics maker’s stock valued at $2,303,000 after buying an additional 12,773 shares during the last quarter. Finally, M&T Bank Corp grew its holdings in Advanced Energy Industries by 99.9% in the 4th quarter. M&T Bank Corp now owns 25,564 shares of the electronics maker’s stock worth $2,956,000 after buying an additional 12,774 shares in the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have weighed in on the company. Bank of America raised Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $140.00 target price on the stock in a research note on Monday, December 16th. Citigroup raised shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $110.00 to $138.00 in a report on Monday, January 6th. Needham & Company LLC reissued a “buy” rating and set a $145.00 target price on shares of Advanced Energy Industries in a research note on Thursday, February 13th. Robert W. Baird decreased their price objective on shares of Advanced Energy Industries from $138.00 to $136.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. Finally, Stifel Nicolaus boosted their target price on Advanced Energy Industries from $130.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Four investment 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 company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $126.56.

Insider Buying and Selling

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

Advanced Energy Industries Stock Performance

AEIS opened at $100.02 on Friday. The business has a fifty day simple moving average of $114.33 and a 200-day simple moving average of $112.25. The firm has a market cap of $3.79 billion, a PE ratio of 69.94, 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. 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 results on Wednesday, February 12th. The electronics maker reported $1.06 earnings per share for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.03). Advanced Energy Industries had a net margin of 3.66% and a return on equity of 8.90%. As a group, equities analysts predict that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Monday, February 24th were given a $0.10 dividend. The ex-dividend date was Monday, February 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.40%. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 27.97%.

About Advanced Energy Industries

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.