Captrust Financial Advisors Raises Stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Captrust Financial Advisors raised its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 30.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,318 shares of the electronics maker's stock after buying an additional 2,660 shares during the period. Captrust Financial Advisors' holdings in Advanced Energy Industries were worth $1,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. lifted its position in shares of Advanced Energy Industries by 61.6% in 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 period. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in shares of Advanced Energy Industries in the fourth quarter worth $51,000. Venturi Wealth Management LLC purchased a new stake in Advanced Energy Industries during the fourth quarter worth $74,000. Principal Securities Inc. boosted its holdings in Advanced Energy Industries by 16.1% during the fourth quarter. Principal Securities Inc. now owns 989 shares of the electronics maker's stock worth $114,000 after buying an additional 137 shares in the last quarter. Finally, Blue Trust Inc. lifted 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 in the last quarter. 99.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Energy Industries

In related news, Director Lanesha Minnix sold 1,600 shares of Advanced Energy Industries 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 approximately $451,760.04. The trade was a 31.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Eduardo Bernal Acebedo sold 19,309 shares of Advanced Energy Industries 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 transaction, 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 position. The disclosure for this sale can be found here. Company insiders own 1.20% of the company's stock.

Advanced Energy Industries Trading Up 1.0%

Shares of AEIS traded up $1.16 during trading on Tuesday, reaching $118.13. 13,919 shares of the company traded hands, compared to its average volume of 264,563. Advanced Energy Industries, Inc. has a twelve month low of $75.01 and a twelve month high of $132.16. The stock has a market cap of $4.45 billion, a PE ratio of 82.60, a price-to-earnings-growth ratio of 1.39 and a beta of 1.50. The stock has a 50-day simple moving average of $99.68 and a 200-day simple moving average of $110.62. 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 announced its quarterly earnings results on Wednesday, April 30th. The electronics maker reported $1.23 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $392.36 million. During the same period last year, the business earned $0.58 earnings per share. The business's revenue for the quarter was up 23.5% on a year-over-year basis. On average, analysts anticipate that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Monday, May 26th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date of this dividend is Friday, May 23rd. Advanced Energy Industries's dividend payout ratio is presently 20.62%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AEIS. Stifel Nicolaus reaffirmed a "buy" rating and set a $130.00 price objective (down from $135.00) on shares of Advanced Energy Industries in a report on Thursday, May 1st. StockNews.com raised shares of Advanced Energy Industries from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Citigroup raised their price target on shares of Advanced Energy Industries from $138.00 to $140.00 and gave the stock a "buy" rating in a research note on Monday, May 5th. Wells Fargo & Company decreased their price target on shares of Advanced Energy Industries from $115.00 to $110.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 13th. Finally, Needham & Company LLC decreased their price target on shares of Advanced Energy Industries from $145.00 to $135.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $124.67.

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.