Advanced Energy Industries, Inc. (NASDAQ:AEIS) Shares Bought by UBS Group AG

UBS Group AG lifted its stake in Advanced Energy Industries, Inc. (NASDAQ:AEISFree Report) by 24.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,760 shares of the electronics maker’s stock after purchasing an additional 10,830 shares during the period. UBS Group AG owned approximately 0.15% of Advanced Energy Industries worth $6,073,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC lifted its stake in shares of Advanced Energy Industries by 52.3% in the fourth quarter. Signaturefd LLC now owns 609 shares of the electronics maker’s stock valued at $66,000 after purchasing an additional 209 shares during the period. Principal Securities Inc. acquired a new stake in shares of Advanced Energy Industries in the fourth quarter valued at about $87,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of Advanced Energy Industries in the third quarter valued at about $85,000. Group One Trading L.P. lifted its stake in shares of Advanced Energy Industries by 26.0% in the third quarter. Group One Trading L.P. now owns 1,106 shares of the electronics maker’s stock valued at $114,000 after purchasing an additional 228 shares during the period. Finally, Peterson Wealth Services acquired a new stake in shares of Advanced Energy Industries in the fourth quarter valued at about $207,000. Institutional investors and hedge funds own 99.67% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on AEIS. Benchmark restated a “buy” rating and set a $117.00 target price on shares of Advanced Energy Industries in a research report on Thursday, May 2nd. Citigroup lifted their target price on shares of Advanced Energy Industries from $107.00 to $113.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Susquehanna cut their target price on shares of Advanced Energy Industries from $95.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, May 2nd. StockNews.com cut shares of Advanced Energy Industries from a “hold” rating to a “sell” rating in a research report on Thursday, May 2nd. Finally, Needham & Company LLC restated a “hold” rating on shares of Advanced Energy Industries in a research report on Tuesday, May 21st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $108.86.

View Our Latest Research Report on AEIS

Advanced Energy Industries Stock Performance

Shares of NASDAQ AEIS opened at $107.54 on Friday. Advanced Energy Industries, Inc. has a 12 month low of $81.86 and a 12 month high of $126.38. The company has a 50-day simple moving average of $100.86 and a 200-day simple moving average of $101.74. The company has a market cap of $4.03 billion, a PE ratio of 39.54, a price-to-earnings-growth ratio of 5.21 and a beta of 1.53. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.61 and a quick ratio of 4.40.

Advanced Energy Industries (NASDAQ:AEISGet Free Report) last released its earnings results on Wednesday, May 1st. The electronics maker reported $0.58 earnings per share (EPS) 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 company had revenue of $327.50 million during the quarter, compared to analysts’ expectations of $351.74 million. During the same quarter in the previous year, the firm posted $1.10 earnings per share. Advanced Energy Industries’s revenue for the quarter was down 22.9% compared to the same quarter last year. On average, equities analysts anticipate that Advanced Energy Industries, Inc. will post 2.33 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The business also recently announced 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. The ex-dividend date is Thursday, May 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.37%. Advanced Energy Industries’s payout ratio is 14.71%.

Advanced Energy Industries Profile

(Free Report)

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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Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

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