Advanced Energy Industries, Inc. (NASDAQ:AEIS) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 359.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 162,020 shares of the electronics maker's stock after acquiring an additional 126,762 shares during the quarter. BNP Paribas Financial Markets owned 0.43% of Advanced Energy Industries worth $17,647,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Signaturefd LLC boosted its holdings in shares of Advanced Energy Industries by 52.3% in the 4th quarter. Signaturefd LLC now owns 609 shares of the electronics maker's stock worth $66,000 after purchasing an additional 209 shares during the period. DekaBank Deutsche Girozentrale acquired a new stake in Advanced Energy Industries in the third quarter valued at approximately $85,000. Principal Securities Inc. purchased a new stake in Advanced Energy Industries in the fourth quarter valued at about $87,000. Group One Trading L.P. grew its position in Advanced Energy Industries by 26.0% during the 3rd quarter. Group One Trading L.P. now owns 1,106 shares of the electronics maker's stock worth $114,000 after purchasing an additional 228 shares during the last quarter. Finally, Advisor Partners II LLC raised its stake in Advanced Energy Industries by 7.9% in the 3rd quarter. Advisor Partners II LLC now owns 2,012 shares of the electronics maker's stock worth $207,000 after acquiring an additional 148 shares during the last quarter. Institutional investors own 99.67% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on AEIS shares. Benchmark reiterated a "buy" rating and set a $117.00 price objective on shares of Advanced Energy Industries in a research note on Thursday, May 2nd. Susquehanna decreased their price objective 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. StockNews.com lowered Advanced Energy Industries from a "hold" rating to a "sell" rating in a research note on Thursday, May 2nd. Wells Fargo & Company cut their target price on shares of Advanced Energy Industries from $108.00 to $97.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 7th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Advanced Energy Industries in a report on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $108.86.

Advanced Energy Industries Stock Up 2.8 %

Shares of AEIS traded up $2.90 during midday trading on Wednesday, reaching $107.47. 165,043 shares of the company were exchanged, compared to its average volume of 214,958. The stock has a 50-day moving average price of $97.99 and a 200-day moving average price of $99.77. The company has a market cap of $4.02 billion, a price-to-earnings ratio of 38.44, a P/E/G ratio of 4.01 and a beta of 1.54. Advanced Energy Industries, Inc. has a 1-year low of $81.86 and a 1-year high of $126.38. The company has a current ratio of 5.61, a quick ratio of 4.40 and a debt-to-equity ratio of 0.78.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 1st. The electronics maker reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $327.50 million during the quarter, compared to analyst estimates of $351.74 million. During the same period in the prior year, the company earned $1.10 earnings per share. The company's revenue was down 22.9% on a year-over-year basis. Research analysts expect that Advanced Energy Industries, Inc. will post 2.57 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, May 27th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.37%. 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 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.