Natixis Advisors L.P. Purchases 5,163 Shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Natixis Advisors L.P. grew its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 5.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,690 shares of the electronics maker’s stock after acquiring an additional 5,163 shares during the period. Natixis Advisors L.P. owned about 0.27% of Advanced Energy Industries worth $10,858,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AEIS. Signaturefd LLC increased its holdings in Advanced Energy Industries by 52.3% during the 4th 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 position in shares of Advanced Energy Industries during the third quarter valued at approximately $85,000. Group One Trading L.P. lifted its stake in 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 worth $114,000 after acquiring an additional 228 shares during the period. Advisor Partners II LLC boosted its holdings in Advanced Energy Industries by 7.9% in the third quarter. Advisor Partners II LLC now owns 2,012 shares of the electronics maker’s stock valued at $207,000 after acquiring an additional 148 shares in the last quarter. Finally, Peterson Wealth Services bought a new stake in Advanced Energy Industries in the fourth quarter valued at $207,000. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Susquehanna dropped 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. Benchmark restated a “buy” rating and issued a $117.00 price objective on shares of Advanced Energy Industries in a report on Thursday, May 2nd. StockNews.com downgraded Advanced Energy Industries from a “hold” rating to a “sell” rating in a report on Thursday, May 2nd. Citigroup raised their target price on Advanced Energy Industries from $107.00 to $113.00 and gave the company a “buy” rating in a research note on Monday. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Advanced Energy Industries in a research note on Thursday, May 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $108.86.

Advanced Energy Industries Stock Performance

Advanced Energy Industries stock opened at $101.44 on Wednesday. The stock’s 50 day moving average is $97.87 and its 200 day moving average is $99.29. The company has a market capitalization of $3.80 billion, a P/E ratio of 37.29, a PEG ratio of 3.43 and a beta of 1.54. Advanced Energy Industries, Inc. has a twelve month low of $81.86 and a twelve month high of $126.38. 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 (NASDAQ:AEIS) last issued its quarterly earnings results on Wednesday, May 1st. The electronics maker reported $0.58 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $351.74 million. During the same quarter in the previous year, the business earned $1.10 earnings per share. Advanced Energy Industries’s revenue was down 22.9% compared to the same quarter last year. On average, equities research analysts predict that Advanced Energy Industries, Inc. will post 2.88 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

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 dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date is Thursday, May 23rd. Advanced Energy Industries’s payout ratio is 14.71%.

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.