24,084 Shares in Advanced Energy Industries, Inc. (NASDAQ:AEIS) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 24,084 shares of the electronics maker's stock, valued at approximately $2,785,000. Susquehanna Fundamental Investments LLC owned approximately 0.06% of Advanced Energy Industries at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of AEIS. Synovus Financial Corp lifted its stake in Advanced Energy Industries by 19.9% during the 3rd quarter. Synovus Financial Corp now owns 6,669 shares of the electronics maker's stock valued at $702,000 after acquiring an additional 1,107 shares during the period. Lord Abbett & CO. LLC raised its stake in Advanced Energy Industries by 6.2% during the 3rd quarter. Lord Abbett & CO. LLC now owns 403,679 shares of the electronics maker's stock valued at $42,483,000 after buying an additional 23,395 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Advanced Energy Industries by 12.4% during the 3rd quarter. Principal Financial Group Inc. now owns 483,848 shares of the electronics maker's stock valued at $50,920,000 after buying an additional 53,566 shares during the period. Versant Capital Management Inc boosted its stake in shares of Advanced Energy Industries by 535.3% in the 4th quarter. Versant Capital Management Inc now owns 216 shares of the electronics maker's stock worth $25,000 after buying an additional 182 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Advanced Energy Industries by 30.1% in the fourth quarter. GAMMA Investing LLC now owns 1,231 shares of the electronics maker's stock worth $142,000 after acquiring an additional 285 shares during the period. 99.67% of the stock is owned by hedge funds and other institutional investors.

Advanced Energy Industries Price Performance

AEIS traded down $0.79 on Monday, hitting $110.50. 81,295 shares of the company's stock traded hands, compared to its average volume of 259,768. Advanced Energy Industries, Inc. has a one year low of $75.01 and a one year high of $132.16. The company has a current ratio of 4.42, a quick ratio of 3.27 and a debt-to-equity ratio of 0.47. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 77.31, a P/E/G ratio of 1.39 and a beta of 1.50. The company's 50 day simple moving average is $98.68 and its 200-day simple moving average is $110.14.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last posted its earnings results on Wednesday, April 30th. The electronics maker reported $1.23 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.26. The company had revenue of $404.60 million during the quarter, compared to analysts' expectations of $392.36 million. Advanced Energy Industries had a net margin of 3.66% and a return on equity of 8.90%. Advanced Energy Industries's quarterly revenue was up 23.5% on a year-over-year basis. During the same period last year, the company posted $0.58 earnings per share. As a group, research analysts anticipate that Advanced Energy Industries, Inc. will post 3.66 EPS for the current year.

Advanced Energy Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Saturday, May 24th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.36%. Advanced Energy Industries's dividend payout ratio is currently 20.62%.

Insider Activity at Advanced Energy Industries

In other Advanced Energy Industries news, COO Eduardo Bernal Acebedo sold 19,309 shares of Advanced Energy Industries stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $111.61, for a total value of $2,155,077.49. Following the completion of the transaction, the chief operating officer now directly owns 19,822 shares of the company's stock, valued at $2,212,333.42. This trade represents a 49.34 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Lanesha Minnix sold 1,600 shares of the company's stock in a transaction dated 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 owns 3,492 shares in the company, valued at $451,760.04. This represents a 31.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

AEIS has been the topic of several research reports. Citigroup raised Advanced Energy Industries from a "neutral" rating to a "buy" rating and raised their target price for the stock from $110.00 to $138.00 in a research report on Monday, January 6th. StockNews.com cut shares of Advanced Energy Industries from a "hold" rating to a "sell" rating in a report on Monday, April 28th. Wells Fargo & Company cut their price objective on shares of Advanced Energy Industries from $115.00 to $110.00 and set an "equal weight" rating for the company in a research report on Thursday, February 13th. Stifel Nicolaus reiterated a "buy" rating and set a $130.00 target price (down from $135.00) on shares of Advanced Energy Industries in a research report on Thursday. Finally, Needham & Company LLC decreased their price objective on Advanced Energy Industries from $145.00 to $135.00 and set a "buy" rating on the stock in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $124.44.

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.