Advanced Energy Industries, Inc. (NASDAQ:AEIS) Shares Acquired by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. grew its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 4.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 422,253 shares of the electronics maker's stock after buying an additional 17,290 shares during the quarter. Vaughan Nelson Investment Management L.P. owned 1.13% of Advanced Energy Industries worth $45,991,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of AEIS. FMR LLC boosted its holdings in Advanced Energy Industries by 16.8% in the third quarter. FMR LLC now owns 4,026,979 shares of the electronics maker's stock valued at $415,262,000 after purchasing an additional 577,765 shares during the period. Norges Bank purchased a new stake in Advanced Energy Industries during the 4th quarter worth about $32,190,000. The Manufacturers Life Insurance Company lifted its holdings in Advanced Energy Industries by 1,005.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 346,271 shares of the electronics maker's stock worth $35,707,000 after buying an additional 314,941 shares during the last quarter. Millennium Management LLC lifted its holdings in Advanced Energy Industries by 122.7% during the 4th quarter. Millennium Management LLC now owns 500,028 shares of the electronics maker's stock worth $42,892,000 after buying an additional 275,452 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in Advanced Energy Industries by 55.4% during the 1st quarter. First Trust Advisors LP now owns 505,753 shares of the electronics maker's stock worth $49,564,000 after buying an additional 180,232 shares during the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Advanced Energy Industries Stock Performance

AEIS stock traded up $0.54 during trading on Friday, hitting $97.96. The company had a trading volume of 185,253 shares, compared to its average volume of 228,741. The firm has a market cap of $3.66 billion, a PE ratio of 28.81, a price-to-earnings-growth ratio of 3.41 and a beta of 1.55. Advanced Energy Industries, Inc. has a 1-year low of $81.86 and a 1-year high of $126.38. The firm has a 50-day moving average price of $100.99 and a 200-day moving average price of $99.78. The company has a quick ratio of 4.10, a current ratio of 5.10 and a debt-to-equity ratio of 0.78.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 6th. The electronics maker reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.10. The firm had revenue of $405.27 million for the quarter, compared to analysts' expectations of $407.66 million. Advanced Energy Industries had a return on equity of 14.32% and a net margin of 7.75%. On average, analysts expect that Advanced Energy Industries, Inc. will post 2.88 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Monday, February 19th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.41%. The ex-dividend date was Thursday, February 15th. Advanced Energy Industries's payout ratio is 11.76%.

Wall Street Analysts Forecast Growth

AEIS has been the subject of a number of recent analyst reports. TheStreet raised Advanced Energy Industries from a "c+" rating to a "b-" rating in a report on Thursday, December 21st. Wells Fargo & Company reduced their target price on Advanced Energy Industries from $108.00 to $97.00 and set an "equal weight" rating for the company in a report on Wednesday, February 7th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $115.14.

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.