Peak6 LLC Makes New $476,000 Investment in Advanced Energy Industries, Inc. (NASDAQ:AEIS)

PEAK6 LLC purchased a new position in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,116 shares of the electronics maker's stock, valued at approximately $476,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Nisa Investment Advisors LLC boosted its holdings in Advanced Energy Industries by 1.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 5,008 shares of the electronics maker's stock worth $579,000 after buying an additional 85 shares during the last quarter. Integrated Investment Consultants LLC boosted its stake in shares of Advanced Energy Industries by 2.2% in the fourth quarter. Integrated Investment Consultants LLC now owns 4,594 shares of the electronics maker's stock worth $531,000 after acquiring an additional 100 shares during the last quarter. Stifel Financial Corp increased its position in shares of Advanced Energy Industries by 1.0% during the third quarter. Stifel Financial Corp now owns 10,752 shares of the electronics maker's stock worth $1,132,000 after purchasing an additional 102 shares in the last quarter. Heritage Family Offices LLP raised its stake in Advanced Energy Industries by 6.1% in the 4th quarter. Heritage Family Offices LLP now owns 2,019 shares of the electronics maker's stock valued at $233,000 after purchasing an additional 116 shares during the last quarter. Finally, Summit Investment Advisors Inc. lifted its holdings in Advanced Energy Industries by 3.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 3,916 shares of the electronics maker's stock valued at $453,000 after purchasing an additional 124 shares in the last quarter. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Needham & Company LLC reissued a "buy" rating and set a $145.00 price target on shares of Advanced Energy Industries in a research report on Thursday, February 13th. Citigroup upgraded shares of Advanced Energy Industries from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $110.00 to $138.00 in a research note on Monday, January 6th. Stifel Nicolaus increased their price objective on Advanced Energy Industries from $130.00 to $135.00 and gave the company a "buy" rating in a research note on Thursday, February 13th. Wells Fargo & Company lowered their target price on Advanced Energy Industries from $115.00 to $110.00 and set an "equal weight" rating for the company in a research note on Thursday, February 13th. Finally, Robert W. Baird reduced their price target on Advanced Energy Industries from $136.00 to $124.00 and set an "outperform" rating on the stock in a research report on Friday. Four analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $125.22.

Advanced Energy Industries Stock Performance

AEIS traded up $3.75 on Friday, reaching $100.67. The company had a trading volume of 412,151 shares, compared to its average volume of 254,388. The stock has a 50-day moving average price of $101.13 and a 200-day moving average price of $110.34. The stock has a market capitalization of $3.81 billion, a PE ratio of 70.40, a P/E/G ratio of 1.39 and a beta of 1.47. Advanced Energy Industries, Inc. has a 1 year low of $75.01 and a 1 year high of $132.16. 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 issued its quarterly earnings data on Wednesday, February 12th. The electronics maker reported $1.06 earnings per share for the quarter, missing analysts' consensus estimates of $1.09 by ($0.03). Advanced Energy Industries had a net margin of 3.66% and a return on equity of 8.90%. As a group, research analysts forecast that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, February 24th were paid a $0.10 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.40%. Advanced Energy Industries's dividend payout ratio (DPR) is currently 27.97%.

Insider Transactions at Advanced Energy Industries

In other news, Director Lanesha Minnix sold 1,600 shares of Advanced Energy Industries stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $129.37, for a total value of $206,992.00. Following the sale, the director now owns 3,492 shares of the company's stock, valued at $451,760.04. The trade was a 31.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Eduardo Bernal Acebedo sold 19,309 shares of the firm's stock in a transaction dated 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 owns 19,822 shares of the company's stock, valued at approximately $2,212,333.42. The trade was 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.

About Advanced Energy Industries

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.