Advanced Energy Industries, Inc. (NASDAQ:AEIS) Shares Sold by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC reduced its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 25.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,296 shares of the electronics maker's stock after selling 4,612 shares during the quarter. Keeley Teton Advisors LLC's holdings in Advanced Energy Industries were worth $1,537,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Versant Capital Management Inc increased its holdings in shares of 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 in the last quarter. Russell Investments Group Ltd. raised its position in shares of Advanced Energy Industries by 61.6% in the fourth quarter. Russell Investments Group Ltd. now owns 354 shares of the electronics maker's stock worth $41,000 after acquiring an additional 135 shares during the period. Venturi Wealth Management LLC purchased a new stake in shares of Advanced Energy Industries during the 4th quarter worth about $74,000. Blue Trust Inc. boosted its stake in shares of Advanced Energy Industries by 26.3% during the 4th quarter. Blue Trust Inc. now owns 1,023 shares of the electronics maker's stock worth $108,000 after acquiring an additional 213 shares in the last quarter. Finally, Principal Securities Inc. grew its position in shares of Advanced Energy Industries by 16.1% during the 4th quarter. Principal Securities Inc. now owns 989 shares of the electronics maker's stock valued at $114,000 after acquiring an additional 137 shares during the period. 99.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Advanced Energy Industries

In related news, COO Eduardo Bernal Acebedo sold 19,309 shares of the stock in a transaction that occurred 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 directly owns 19,822 shares in the company, valued at approximately $2,212,333.42. This represents a 49.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Lanesha Minnix sold 1,600 shares of Advanced Energy Industries stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $129.37, for a total value of $206,992.00. Following the completion of the sale, the director now owns 3,492 shares in the company, valued at $451,760.04. This represents a 31.42 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.20% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Needham & Company LLC reiterated a "buy" rating and set a $145.00 price target on shares of Advanced Energy Industries in a research report on Thursday, February 13th. Wells Fargo & Company decreased 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 report on Thursday, February 13th. Citigroup raised shares of Advanced Energy Industries from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $110.00 to $138.00 in a report on Monday, January 6th. Robert W. Baird reduced 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 research report on Thursday, February 13th. Finally, Stifel Nicolaus boosted their target price 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. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Advanced Energy Industries presently has a consensus rating of "Moderate Buy" and an average target price of $126.56.

Advanced Energy Industries Price Performance

AEIS traded down $1.66 on Monday, reaching $85.13. 51,116 shares of the company's stock were exchanged, compared to its average volume of 251,313. Advanced Energy Industries, Inc. has a twelve month low of $75.01 and a twelve month high of $132.16. The stock has a market cap of $3.23 billion, a PE ratio of 59.53, a P/E/G ratio of 1.39 and a beta of 1.47. 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's fifty day moving average price is $104.06 and its 200-day moving average price is $110.86.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its earnings results on Wednesday, February 12th. The electronics maker reported $1.06 earnings per share 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%. Sell-side analysts expect that Advanced Energy Industries, Inc. will post 3.66 EPS for the current year.

Advanced Energy Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, February 24th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date was Monday, February 24th. Advanced Energy Industries's dividend payout ratio (DPR) is presently 27.97%.

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.