Integrated Investment Consultants LLC Has $531,000 Holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Integrated Investment Consultants LLC raised its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 2.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,594 shares of the electronics maker’s stock after acquiring an additional 100 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Advanced Energy Industries were worth $531,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company lifted its stake in Advanced Energy Industries by 22.4% in the second quarter. The Manufacturers Life Insurance Company now owns 647,682 shares of the electronics maker’s stock valued at $70,442,000 after buying an additional 118,328 shares during the period. Public Sector Pension Investment Board increased its holdings in shares of Advanced Energy Industries by 7.8% during the second quarter. Public Sector Pension Investment Board now owns 82,345 shares of the electronics maker’s stock valued at $8,956,000 after acquiring an additional 5,930 shares in the last quarter. Earnest Partners LLC increased its holdings in shares of Advanced Energy Industries by 13.5% during the second quarter. Earnest Partners LLC now owns 1,681,776 shares of the electronics maker’s stock valued at $182,910,000 after acquiring an additional 199,578 shares in the last quarter. Pinnacle Associates Ltd. increased its holdings in shares of Advanced Energy Industries by 3.6% during the third quarter. Pinnacle Associates Ltd. now owns 176,683 shares of the electronics maker’s stock valued at $19,244,000 after acquiring an additional 6,217 shares in the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of Advanced Energy Industries by 12.4% during the third quarter. Principal Financial Group Inc. now owns 483,848 shares of the electronics maker’s stock valued at $50,920,000 after acquiring an additional 53,566 shares in the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Lanesha Minnix sold 1,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $111.72, for a total transaction of $111,720.00. Following the transaction, the director now owns 5,092 shares of the company’s stock, valued at $568,878.24. This represents a 16.41 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.87% of the company’s stock.

Advanced Energy Industries Stock Up 1.3 %

Shares of NASDAQ:AEIS opened at $121.16 on Friday. The company has a market capitalization of $4.56 billion, a PE ratio of 106.28, a price-to-earnings-growth ratio of 3.77 and a beta of 1.46. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.62 and a quick ratio of 3.32. The business has a fifty day moving average price of $116.47 and a two-hundred day moving average price of $109.76. Advanced Energy Industries, Inc. has a 1 year low of $89.11 and a 1 year high of $128.70.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings data on Wednesday, October 30th. The electronics maker reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.07. The firm had revenue of $374.20 million during the quarter, compared to the consensus estimate of $372.49 million. Advanced Energy Industries had a return on equity of 9.02% and a net margin of 2.91%. The business’s revenue for the quarter was down 8.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.12 EPS. Analysts forecast that Advanced Energy Industries, Inc. will post 2.52 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were paid a $0.10 dividend. The ex-dividend date of this dividend was Monday, November 25th. This represents a $0.40 dividend on an annualized basis and a yield of 0.33%. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 35.09%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on AEIS. TD Cowen decreased their price objective on Advanced Energy Industries from $120.00 to $118.00 and set a “hold” rating for the company in a report on Thursday, October 31st. Citigroup upgraded Advanced Energy Industries from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $110.00 to $138.00 in a report on Monday, January 6th. Robert W. Baird boosted their price objective on Advanced Energy Industries from $124.00 to $134.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Needham & Company LLC restated a “buy” rating and set a $145.00 price objective on shares of Advanced Energy Industries in a report on Wednesday. Finally, StockNews.com upgraded Advanced Energy Industries from a “sell” rating to a “hold” rating in a report on Monday, November 4th. Four analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Advanced Energy Industries presently has a consensus rating of “Moderate Buy” and an average target price of $126.89.

Advanced Energy Industries Company 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.