Yousif Capital Management LLC Sells 1,212 Shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Yousif Capital Management LLC lowered its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,449 shares of the electronics maker’s stock after selling 1,212 shares during the period. Yousif Capital Management LLC’s holdings in Advanced Energy Industries were worth $2,009,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of AEIS. Vanguard Group Inc. increased its holdings in shares of Advanced Energy Industries by 0.8% in the third quarter. Vanguard Group Inc. now owns 4,437,545 shares of the electronics maker’s stock valued at $457,600,000 after purchasing an additional 37,231 shares in the last quarter. FMR LLC increased its holdings in shares of Advanced Energy Industries by 16.8% in the third quarter. FMR LLC now owns 4,026,979 shares of the electronics maker’s stock valued at $415,262,000 after purchasing an additional 577,765 shares in the last quarter. Earnest Partners LLC increased its holdings in shares of Advanced Energy Industries by 0.5% in the third quarter. Earnest Partners LLC now owns 1,568,560 shares of the electronics maker’s stock valued at $161,750,000 after purchasing an additional 7,701 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in shares of Advanced Energy Industries by 4.3% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 422,253 shares of the electronics maker’s stock valued at $45,991,000 after purchasing an additional 17,290 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Advanced Energy Industries by 7.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 395,884 shares of the electronics maker’s stock valued at $40,824,000 after purchasing an additional 27,041 shares in the last quarter. Institutional investors own 99.67% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company lowered their price target on shares of Advanced Energy Industries from $108.00 to $97.00 and set an “equal weight” rating for the company in a report on Wednesday, February 7th. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Advanced Energy Industries presently has an average rating of “Hold” and a consensus price target of $115.14.

Advanced Energy Industries Price Performance

AEIS opened at $96.08 on Thursday. The company has a fifty day moving average price of $97.96 and a two-hundred day moving average price of $99.17. The company has a debt-to-equity ratio of 0.78, a quick ratio of 4.10 and a current ratio of 5.10. Advanced Energy Industries, Inc. has a 52 week low of $81.86 and a 52 week high of $126.38. The firm has a market capitalization of $3.59 billion, a PE ratio of 28.26, a P/E/G ratio of 3.42 and a beta of 1.55.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings results on Tuesday, February 6th. The electronics maker reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.10. Advanced Energy Industries had a net margin of 7.75% and a return on equity of 14.32%. The company had revenue of $405.27 million during the quarter, compared to analyst estimates of $407.66 million. As a group, analysts anticipate that Advanced Energy Industries, Inc. will post 2.88 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 7th. Stockholders of record on Monday, May 27th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.42%. The ex-dividend date is Thursday, May 23rd. Advanced Energy Industries’s dividend payout ratio (DPR) is 11.76%.

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.