Advanced Energy Industries, Inc. (NASDAQ:AEIS) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC cut its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 26.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,972 shares of the electronics maker’s stock after selling 8,048 shares during the period. Natixis Advisors LLC owned approximately 0.06% of Advanced Energy Industries worth $2,312,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in AEIS. Vanguard Group Inc. raised its stake in shares of Advanced Energy Industries by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 4,543,395 shares of the electronics maker’s stock worth $463,335,000 after buying an additional 73,028 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of Advanced Energy Industries by 8.1% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 5,050 shares of the electronics maker’s stock worth $515,000 after purchasing an additional 377 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in shares of Advanced Energy Industries by 3.2% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 42,158 shares of the electronics maker’s stock worth $4,296,000 after purchasing an additional 1,288 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in Advanced Energy Industries during the first quarter valued at approximately $208,000. Finally, Atria Investments Inc bought a new stake in Advanced Energy Industries during the first quarter worth approximately $1,226,000. Institutional investors and hedge funds own 99.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Stifel Nicolaus started coverage on shares of Advanced Energy Industries in a report on Thursday, August 15th. They set a “buy” rating and a $135.00 price target on the stock. Baird R W upgraded Advanced Energy Industries to a “strong-buy” rating in a research report on Friday, September 20th. Needham & Company LLC reaffirmed a “hold” rating on shares of Advanced Energy Industries in a report on Wednesday, November 20th. Wells Fargo & Company dropped their price objective on Advanced Energy Industries from $103.00 to $98.00 and set an “equal weight” rating for the company in a research note on Thursday, October 3rd. Finally, StockNews.com raised shares of Advanced Energy Industries from a “sell” rating to a “hold” rating in a report on Monday, November 4th. Eight equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $113.75.

Insider Buying and Selling at Advanced Energy Industries

In other Advanced Energy Industries news, Director Lanesha Minnix sold 1,000 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $111.72, for a total value of $111,720.00. Following the completion of the transaction, the director now directly owns 5,092 shares of the company’s stock, valued at approximately $568,878.24. The trade was a 16.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.00% of the company’s stock.

Advanced Energy Industries Stock Up 2.4 %

Shares of AEIS opened at $115.19 on Monday. The business’s fifty day moving average price is $107.87 and its two-hundred day moving average price is $106.88. The firm has a market capitalization of $4.34 billion, a price-to-earnings ratio of 101.04, a PEG ratio of 6.61 and a beta of 1.48. Advanced Energy Industries, Inc. has a 52 week low of $89.11 and a 52 week high of $120.81. The company has a debt-to-equity ratio of 0.48, a quick ratio of 3.32 and a current ratio of 4.62.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Wednesday, October 30th. The electronics maker reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.07. Advanced Energy Industries had a return on equity of 9.02% and a net margin of 2.91%. The business had revenue of $374.20 million for the quarter, compared to analysts’ expectations of $372.49 million. During the same quarter last year, the business earned $1.12 earnings per share. The firm’s quarterly revenue was down 8.7% compared to the same quarter last year. On average, analysts predict that Advanced Energy Industries, Inc. will post 2.52 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Monday, November 25th will be issued a $0.10 dividend. The ex-dividend date is Monday, November 25th. This represents a $0.40 annualized dividend and a yield of 0.35%. Advanced Energy Industries’s dividend payout ratio is currently 35.09%.

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.