Advanced Energy Industries, Inc. (NASDAQ:AEIS) Shares Acquired by Seizert Capital Partners LLC

Seizert Capital Partners LLC lifted its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 71.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,479 shares of the electronics maker's stock after acquiring an additional 11,846 shares during the period. Seizert Capital Partners LLC owned 0.08% of Advanced Energy Industries worth $3,102,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in AEIS. Channing Capital Management LLC acquired a new stake in shares of Advanced Energy Industries during the fourth quarter valued at $68,701,000. FMR LLC boosted its stake in Advanced Energy Industries by 16.8% in the 3rd quarter. FMR LLC now owns 4,026,979 shares of the electronics maker's stock worth $415,262,000 after buying an additional 577,765 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Advanced Energy Industries by 1,005.2% in 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. New York State Common Retirement Fund boosted its stake in Advanced Energy Industries by 65.0% in the 4th quarter. New York State Common Retirement Fund now owns 372,623 shares of the electronics maker's stock worth $40,586,000 after buying an additional 146,832 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Advanced Energy Industries by 359.5% in the 4th quarter. BNP Paribas Financial Markets now owns 162,020 shares of the electronics maker's stock worth $17,647,000 after buying an additional 126,762 shares during the last quarter. Institutional investors and hedge funds own 99.67% of the company's stock.

Analysts Set New Price Targets

A number of analysts have issued reports on AEIS shares. Citigroup raised their price target on Advanced Energy Industries from $107.00 to $113.00 and gave the stock a "buy" rating in a research note on Monday, May 6th. Benchmark restated a "buy" rating and issued a $117.00 price objective on shares of Advanced Energy Industries in a report on Thursday, May 2nd. StockNews.com downgraded Advanced Energy Industries from a "hold" rating to a "sell" rating in a report on Thursday, May 2nd. Wells Fargo & Company cut their price objective on Advanced Energy Industries from $108.00 to $97.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 7th. Finally, Susquehanna dropped their target price on Advanced Energy Industries from $95.00 to $90.00 and set a "neutral" rating on the stock in a report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Advanced Energy Industries presently has a consensus rating of "Hold" and a consensus price target of $108.86.

Advanced Energy Industries Stock Up 0.2 %

Shares of AEIS stock traded up $0.23 on Friday, reaching $102.13. 227,593 shares of the company's stock traded hands, compared to its average volume of 202,960. Advanced Energy Industries, Inc. has a 12-month low of $81.86 and a 12-month high of $126.38. The company has a debt-to-equity ratio of 0.78, a quick ratio of 4.40 and a current ratio of 5.61. The company has a market capitalization of $3.82 billion, a P/E ratio of 37.55, a price-to-earnings-growth ratio of 4.01 and a beta of 1.54. The business's 50 day moving average price is $97.92 and its two-hundred day moving average price is $99.48.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The electronics maker reported $0.58 earnings per share for the quarter, missing analysts' consensus estimates of $0.67 by ($0.09). Advanced Energy Industries had a net margin of 6.58% and a return on equity of 11.65%. The business had revenue of $327.50 million for the quarter, compared to analysts' expectations of $351.74 million. During the same quarter in the prior year, the firm posted $1.10 EPS. The business's quarterly revenue was down 22.9% compared to the same quarter last year. On average, equities analysts forecast that Advanced Energy Industries, Inc. will post 2.57 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Monday, May 27th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend is Thursday, May 23rd. Advanced Energy Industries's dividend payout ratio is presently 14.71%.

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.

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