Natixis Advisors L.P. Grows Stock Holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Natixis Advisors L.P. grew its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 5.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,690 shares of the electronics maker’s stock after acquiring an additional 5,163 shares during the period. Natixis Advisors L.P.’s holdings in Advanced Energy Industries were worth $10,858,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Signaturefd LLC boosted its holdings 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. DekaBank Deutsche Girozentrale bought a new stake in Advanced Energy Industries during the 3rd quarter valued at $85,000. Group One Trading L.P. lifted its holdings in shares of Advanced Energy Industries by 26.0% in the 3rd quarter. Group One Trading L.P. now owns 1,106 shares of the electronics maker’s stock worth $114,000 after buying an additional 228 shares during the period. Advisor Partners II LLC grew its position in shares of Advanced Energy Industries by 7.9% during the 3rd quarter. Advisor Partners II LLC now owns 2,012 shares of the electronics maker’s stock worth $207,000 after buying an additional 148 shares in the last quarter. Finally, Peterson Wealth Services purchased a new position in shares of Advanced Energy Industries during the fourth quarter valued at $207,000. 99.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on AEIS shares. StockNews.com lowered shares of Advanced Energy Industries from a “hold” rating to a “sell” rating in a research note on Thursday, May 2nd. Citigroup upped their price target 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. Susquehanna cut their price objective on shares of Advanced Energy Industries from $95.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, May 2nd. Benchmark reissued a “buy” rating and issued a $117.00 price objective on shares of Advanced Energy Industries in a research note on Thursday, May 2nd. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Advanced Energy Industries in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Advanced Energy Industries currently has an average rating of “Hold” and an average price target of $108.86.

Advanced Energy Industries Price Performance

Shares of AEIS opened at $101.44 on Wednesday. The company has a 50 day moving average of $97.87 and a two-hundred day moving average of $99.29. The company has a quick ratio of 4.40, a current ratio of 5.61 and a debt-to-equity ratio of 0.78. Advanced Energy Industries, Inc. has a twelve month low of $81.86 and a twelve month high of $126.38. The company has a market cap of $3.80 billion, a price-to-earnings ratio of 37.29, a price-to-earnings-growth ratio of 3.43 and a beta of 1.54.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings data on Wednesday, May 1st. The electronics maker reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.09). Advanced Energy Industries had a return on equity of 11.65% and a net margin of 6.58%. The business had revenue of $327.50 million during the quarter, compared to analyst estimates of $351.74 million. During the same period in the previous year, the business earned $1.10 EPS. The firm’s revenue for the quarter was down 22.9% compared to the same quarter last year. As a group, analysts predict that Advanced Energy Industries, Inc. will post 2.88 earnings per share for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 27th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, May 23rd. This represents a $0.40 annualized dividend and a dividend yield of 0.39%. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 14.71%.

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.