Advanced Energy Industries, Inc. (NASDAQ:AEIS) Shares Bought by Dean Capital Management

Dean Capital Management grew its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 77.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,635 shares of the electronics maker's stock after purchasing an additional 15,504 shares during the period. Advanced Energy Industries accounts for about 1.8% of Dean Capital Management's investment portfolio, making the stock its largest position. Dean Capital Management owned about 0.09% of Advanced Energy Industries worth $4,120,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Captrust Financial Advisors boosted its position in shares of Advanced Energy Industries by 30.7% in the fourth quarter. Captrust Financial Advisors now owns 11,318 shares of the electronics maker's stock worth $1,309,000 after acquiring an additional 2,660 shares during the last quarter. Baird Financial Group Inc. acquired a new position in shares of Advanced Energy Industries in the 4th quarter valued at $218,000. 4D Advisors LLC purchased a new stake in shares of Advanced Energy Industries during the 4th quarter valued at $2,602,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Advanced Energy Industries during the 4th quarter worth $335,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of Advanced Energy Industries in the 4th quarter worth $623,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Energy Industries Stock Up 5.2%

AEIS stock traded up $5.81 during trading hours on Monday, hitting $118.51. The company's stock had a trading volume of 167,771 shares, compared to its average volume of 261,636. The stock has a 50 day moving average price of $98.29 and a two-hundred day moving average price of $110.22. Advanced Energy Industries, Inc. has a 12 month low of $75.01 and a 12 month high of $132.16. The company has a market capitalization of $4.46 billion, a PE ratio of 82.87, a price-to-earnings-growth ratio of 1.39 and a beta of 1.50. 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 results on Wednesday, April 30th. The electronics maker reported $1.23 EPS for the quarter, beating analysts' consensus estimates of $0.97 by $0.26. The company had revenue of $404.60 million for the quarter, compared to analyst estimates of $392.36 million. Advanced Energy Industries had a net margin of 3.66% and a return on equity of 8.90%. The company's quarterly revenue was up 23.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.58 earnings per share. On average, equities research analysts expect 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 will be paid on Friday, June 6th. Stockholders 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%.

Analyst Upgrades and Downgrades

AEIS has been the subject of a number of analyst reports. Citigroup upped their price target on Advanced Energy Industries from $138.00 to $140.00 and gave the stock a "buy" rating in a report on Monday, May 5th. Stifel Nicolaus restated a "buy" rating and issued a $130.00 price target (down previously from $135.00) on shares of Advanced Energy Industries in a research note on Thursday, May 1st. Wells Fargo & Company lowered their target price 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. StockNews.com raised Advanced Energy Industries from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Finally, Robert W. Baird raised their price objective on Advanced Energy Industries from $124.00 to $132.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Four 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. According to data from MarketBeat.com, Advanced Energy Industries has an average rating of "Moderate Buy" and an average target price of $124.67.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, Director Lanesha Minnix sold 1,600 shares of the firm'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 sale, the director now directly owns 3,492 shares in the company, valued at approximately $451,760.04. This trade represents a 31.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Eduardo Bernal Acebedo sold 19,309 shares of the business'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 completion of the sale, the chief operating officer now directly owns 19,822 shares in the company, valued at $2,212,333.42. This represents a 49.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by insiders.

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.