Advanced Energy Industries, Inc. (NASDAQ:AEIS) Shares Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC increased its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 12.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 154,448 shares of the electronics maker’s stock after buying an additional 17,551 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Advanced Energy Industries were worth $17,859,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Commerce Bank grew its stake in Advanced Energy Industries by 34.0% during the 3rd quarter. Commerce Bank now owns 3,327 shares of the electronics maker’s stock valued at $350,000 after purchasing an additional 845 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of Advanced Energy Industries in the third quarter worth $718,000. Cerity Partners LLC raised its holdings in Advanced Energy Industries by 45.7% in the third quarter. Cerity Partners LLC now owns 4,148 shares of the electronics maker’s stock valued at $436,000 after acquiring an additional 1,302 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Advanced Energy Industries in the third quarter valued at $41,000. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Advanced Energy Industries by 9.4% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 43,357 shares of the electronics maker’s stock valued at $4,563,000 after acquiring an additional 3,736 shares during the last quarter. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Energy Industries Price Performance

Shares of AEIS opened at $108.11 on Wednesday. Advanced Energy Industries, Inc. has a 12 month low of $89.12 and a 12 month high of $132.16. The company has a debt-to-equity ratio of 0.47, a current ratio of 4.42 and a quick ratio of 3.27. The stock has a fifty day moving average price of $115.04 and a 200 day moving average price of $112.39. The company has a market cap of $4.10 billion, a P/E ratio of 75.60, a PEG ratio of 1.39 and a beta of 1.43.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings results on Wednesday, February 12th. The electronics maker reported $1.06 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.03). Advanced Energy Industries had a return on equity of 8.90% and a net margin of 3.66%. On average, research analysts forecast that Advanced Energy Industries, Inc. will post 3.66 earnings per share for the current year.

Advanced Energy Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Monday, February 24th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $0.40 annualized dividend and a dividend yield of 0.37%. Advanced Energy Industries’s dividend payout ratio is presently 27.97%.

Analyst Ratings Changes

Several research firms have recently weighed in on AEIS. Citigroup upgraded shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and upped their target price for the company from $110.00 to $138.00 in a research note on Monday, January 6th. Bank of America raised Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $140.00 target price on the stock in a report on Monday, December 16th. Wells Fargo & Company lowered their price target on Advanced Energy Industries from $115.00 to $110.00 and set an “equal weight” rating for the company in a report on Thursday, February 13th. Stifel Nicolaus raised their price objective on Advanced Energy Industries from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Finally, Robert W. Baird decreased their price objective on shares of Advanced Energy Industries from $138.00 to $136.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. Four equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $126.56.

Insider Buying and Selling

In other news, COO Eduardo Bernal Acebedo sold 19,309 shares of the stock in a transaction on Monday, March 3rd. The stock was 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 owns 19,822 shares of the company’s stock, valued at approximately $2,212,333.42. This represents a 49.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, 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 transaction of $206,992.00. Following the sale, the director now owns 3,492 shares in the company, valued at approximately $451,760.04. This represents a 31.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.00% of the company’s stock.

Advanced Energy Industries 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.