4D Advisors LLC Acquires Shares of 22,500 Advanced Energy Industries, Inc. (NASDAQ:AEIS)

4D Advisors LLC purchased a new position in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 22,500 shares of the electronics maker's stock, valued at approximately $2,602,000. Advanced Energy Industries accounts for approximately 1.8% of 4D Advisors LLC's investment portfolio, making the stock its 27th largest holding. 4D Advisors LLC owned about 0.06% of Advanced Energy Industries at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AEIS. Versant Capital Management Inc boosted its position in Advanced Energy Industries by 535.3% during the 4th quarter. Versant Capital Management Inc now owns 216 shares of the electronics maker's stock valued at $25,000 after acquiring an additional 182 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in shares of Advanced Energy Industries by 61.6% during the 4th quarter. Russell Investments Group Ltd. now owns 354 shares of the electronics maker's stock worth $41,000 after purchasing an additional 135 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC bought a new stake in Advanced Energy Industries during the fourth quarter valued at about $51,000. Venturi Wealth Management LLC purchased a new position in Advanced Energy Industries in the fourth quarter valued at about $74,000. Finally, Blue Trust Inc. raised its holdings in Advanced Energy Industries by 26.3% in the fourth quarter. Blue Trust Inc. now owns 1,023 shares of the electronics maker's stock worth $108,000 after purchasing an additional 213 shares in the last quarter. 99.67% of the stock is currently owned by institutional investors.

Advanced Energy Industries Stock Performance

Shares of NASDAQ:AEIS traded down $1.25 during trading on Monday, hitting $110.04. The stock had a trading volume of 367,044 shares, compared to its average volume of 260,889. The stock has a 50-day simple moving average of $98.68 and a two-hundred day simple moving average of $110.14. The stock has a market capitalization of $4.14 billion, a price-to-earnings ratio of 76.95, a price-to-earnings-growth ratio of 1.39 and a beta of 1.50. Advanced Energy Industries, Inc. has a 12-month low of $75.01 and a 12-month high of $132.16. 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 (NASDAQ:AEIS - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The electronics maker reported $1.23 EPS for the quarter, beating the consensus estimate of $0.97 by $0.26. Advanced Energy Industries had a net margin of 3.66% and a return on equity of 8.90%. The business had revenue of $404.60 million for the quarter, compared to the consensus estimate of $392.36 million. During the same period in the prior year, the firm earned $0.58 EPS. The business's revenue for the quarter was up 23.5% on a year-over-year basis. On average, equities research analysts expect that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Saturday, May 24th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.36%. Advanced Energy Industries's payout ratio is 20.62%.

Insider Buying and Selling

In related news, COO Eduardo Bernal Acebedo sold 19,309 shares of the firm's stock in a transaction 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 sale, the chief operating officer now 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Lanesha Minnix sold 1,600 shares of the company's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $129.37, for a total transaction of $206,992.00. Following the completion of the transaction, the director now 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. 1.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

AEIS has been the topic of a number of analyst reports. Citigroup lifted their price objective on shares of Advanced Energy Industries from $138.00 to $140.00 and gave the stock a "buy" rating in a research report on Monday. Stifel Nicolaus reaffirmed a "buy" rating and issued a $130.00 price target (down from $135.00) on shares of Advanced Energy Industries in a report on Thursday. StockNews.com lowered Advanced Energy Industries from a "hold" rating to a "sell" rating in a report on Monday, April 28th. Robert W. Baird upped their target price on Advanced Energy Industries from $124.00 to $132.00 and gave the company an "outperform" rating in a research report on Thursday. Finally, Wells Fargo & Company decreased their price target on Advanced Energy Industries from $115.00 to $110.00 and set an "equal weight" rating for the company in a research note on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $124.67.

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.