Susquehanna Fundamental Investments LLC Makes New $2.79 Million Investment in Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the fourth quarter, Holdings Channel.com reports. The firm purchased 24,084 shares of the electronics maker’s stock, valued at approximately $2,785,000.

A number of other large investors have also made changes to their positions in AEIS. Versant Capital Management Inc raised its stake in Advanced Energy Industries by 535.3% during the 4th quarter. Versant Capital Management Inc now owns 216 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 182 shares during the period. Russell Investments Group Ltd. raised its position in Advanced Energy Industries by 61.6% during the fourth quarter. Russell Investments Group Ltd. now owns 354 shares of the electronics maker’s stock valued at $41,000 after buying an additional 135 shares during the period. Kayne Anderson Rudnick Investment Management LLC acquired a new position in Advanced Energy Industries during the fourth quarter valued at $51,000. Venturi Wealth Management LLC purchased a new stake in Advanced Energy Industries in the 4th quarter worth about $74,000. Finally, Blue Trust Inc. grew its stake in Advanced Energy Industries by 26.3% during the 4th quarter. Blue Trust Inc. now owns 1,023 shares of the electronics maker’s stock valued at $108,000 after acquiring an additional 213 shares in the last quarter. Institutional investors and hedge funds own 99.67% of the company’s stock.

Advanced Energy Industries Stock Down 1.7 %

Shares of AEIS stock opened at $97.23 on Wednesday. The stock’s 50 day simple moving average is $99.82 and its 200 day simple moving average is $110.22. Advanced Energy Industries, Inc. has a twelve month low of $75.01 and a twelve month high of $132.16. The company has a debt-to-equity ratio of 0.47, a quick ratio of 3.27 and a current ratio of 4.42. The company has a market capitalization of $3.68 billion, a price-to-earnings ratio of 67.99, a PEG ratio of 1.39 and a beta of 1.47.

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

Advanced Energy Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Saturday, May 24th will be paid a $0.10 dividend. The ex-dividend date is Friday, May 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.41%. Advanced Energy Industries’s payout ratio is presently 27.97%.

Insider Buying and Selling

In other Advanced Energy Industries news, COO Eduardo Bernal Acebedo sold 19,309 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $111.61, for a total value of $2,155,077.49. Following the completion of the sale, the chief operating officer now directly owns 19,822 shares of the company’s stock, valued at $2,212,333.42. This represents a 49.34 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Lanesha Minnix sold 1,600 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $129.37, for a total transaction of $206,992.00. Following the transaction, the director now owns 3,492 shares in the company, valued at approximately $451,760.04. The trade was a 31.42 % decrease in their position. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on AEIS shares. Robert W. Baird decreased their price target on shares of Advanced Energy Industries from $136.00 to $124.00 and set an “outperform” rating for the company in a report on Friday, April 25th. StockNews.com lowered shares of Advanced Energy Industries from a “hold” rating to a “sell” rating in a research note on Monday. Stifel Nicolaus upped their price target on shares of Advanced Energy Industries from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Citigroup upgraded Advanced Energy Industries from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $110.00 to $138.00 in a report on Monday, January 6th. Finally, Wells Fargo & Company lowered their target price on Advanced Energy Industries from $115.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 13th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $125.22.

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.