Xponance Inc. Acquires 251 Shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Xponance Inc. lifted its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 10.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,687 shares of the electronics maker’s stock after purchasing an additional 251 shares during the period. Xponance Inc.’s holdings in Advanced Energy Industries were worth $311,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of AEIS. Versant Capital Management Inc lifted its position in shares of Advanced Energy Industries by 535.3% in the fourth quarter. Versant Capital Management Inc now owns 216 shares of the electronics maker’s stock worth $25,000 after buying an additional 182 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Advanced Energy Industries in the 3rd quarter worth approximately $41,000. Venturi Wealth Management LLC bought a new stake in Advanced Energy Industries during the fourth quarter worth approximately $74,000. Blue Trust Inc. grew its holdings in 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. raised its position in shares of Advanced Energy Industries by 16.1% in 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 period. 99.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AEIS has been the subject of several recent analyst reports. Bank of America raised shares of 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. Needham & Company LLC reaffirmed a “buy” rating and issued a $145.00 price target on shares of Advanced Energy Industries in a research report on Thursday, February 13th. Citigroup raised Advanced Energy Industries from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $110.00 to $138.00 in a research report on Monday, January 6th. Wells Fargo & Company lowered their target price on Advanced Energy Industries from $115.00 to $110.00 and set an “equal weight” rating on the stock in a report on Thursday, February 13th. Finally, Robert W. Baird cut their price target 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. Four analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $126.56.

Advanced Energy Industries Stock Down 4.9 %

Shares of AEIS stock opened at $100.02 on Friday. The stock has a market cap of $3.79 billion, a P/E ratio of 69.94, a price-to-earnings-growth ratio of 1.39 and a beta of 1.43. The company has a debt-to-equity ratio of 0.47, a current ratio of 4.42 and a quick ratio of 3.27. The stock has a fifty day moving average price of $114.33 and a 200 day moving average price of $112.25. Advanced Energy Industries, Inc. has a one year low of $89.12 and a one year 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 net margin of 3.66% and a return on equity of 8.90%. Analysts predict that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

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

Insider Activity at Advanced Energy Industries

In related news, 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 value of $206,992.00. Following the completion of the transaction, the director now owns 3,492 shares in the company, valued at $451,760.04. The trade was a 31.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Eduardo Bernal Acebedo sold 19,309 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $111.61, for a total value of $2,155,077.49. Following the transaction, the chief operating officer now directly owns 19,822 shares in the company, valued at $2,212,333.42. This trade represents a 49.34 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

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.