Dean Investment Associates LLC Boosts Stock Position in Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Dean Investment Associates LLC grew its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 123.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,817 shares of the electronics maker's stock after buying an additional 19,791 shares during the quarter. Dean Investment Associates LLC owned 0.10% of Advanced Energy Industries worth $3,769,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. QRG Capital Management Inc. lifted its holdings in Advanced Energy Industries by 3.8% during the second quarter. QRG Capital Management Inc. now owns 8,267 shares of the electronics maker's stock valued at $899,000 after purchasing an additional 304 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Advanced Energy Industries by 12.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 2,366 shares of the electronics maker's stock worth $257,000 after buying an additional 261 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in Advanced Energy Industries by 16.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,305 shares of the electronics maker's stock worth $686,000 after acquiring an additional 890 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of Advanced Energy Industries by 10.8% during the 2nd quarter. Raymond James & Associates now owns 24,180 shares of the electronics maker's stock worth $2,630,000 after purchasing an additional 2,355 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of Advanced Energy Industries by 3.5% in the second quarter. Nisa Investment Advisors LLC now owns 6,252 shares of the electronics maker's stock valued at $680,000 after purchasing an additional 212 shares in the last quarter. 99.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. StockNews.com upgraded Advanced Energy Industries from a "sell" rating to a "hold" rating in a research report on Monday, November 4th. Benchmark reissued a "buy" rating and set a $125.00 price target on shares of Advanced Energy Industries in a research report on Wednesday, November 20th. TD Cowen cut their price objective on shares of Advanced Energy Industries from $120.00 to $118.00 and set a "hold" rating for the company in a research report on Thursday, October 31st. Robert W. Baird decreased their target price on shares of Advanced Energy Industries from $128.00 to $124.00 and set an "outperform" rating on the stock in a report on Friday, November 1st. Finally, Baird R W upgraded shares of Advanced Energy Industries to a "strong-buy" rating in a report on Friday, September 20th. Six analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Advanced Energy Industries currently has a consensus rating of "Moderate Buy" and a consensus price target of $116.00.

Insider Buying and Selling at Advanced Energy Industries

In other Advanced Energy Industries news, Director Lanesha Minnix sold 1,000 shares of the stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $111.72, for a total value of $111,720.00. Following the sale, the director now owns 5,092 shares of the company's stock, valued at $568,878.24. This trade represents a 16.41 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.00% of the stock is currently owned by corporate insiders.

Advanced Energy Industries Trading Up 2.4 %

Shares of AEIS traded up $2.73 during midday trading on Friday, hitting $117.43. 145,938 shares of the stock were exchanged, compared to its average volume of 213,267. The company has a debt-to-equity ratio of 0.48, a quick ratio of 3.32 and a current ratio of 4.62. The firm has a market cap of $4.42 billion, a P/E ratio of 103.01, a P/E/G ratio of 6.96 and a beta of 1.47. Advanced Energy Industries, Inc. has a 52-week low of $89.11 and a 52-week high of $120.81. The stock has a fifty day simple moving average of $111.00 and a 200 day simple moving average of $107.67.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its earnings results on Wednesday, October 30th. The electronics maker reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.07. The company had revenue of $374.20 million during the quarter, compared to the consensus estimate of $372.49 million. Advanced Energy Industries had a return on equity of 9.02% and a net margin of 2.91%. Advanced Energy Industries's revenue was down 8.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.12 EPS. On average, research analysts anticipate that Advanced Energy Industries, Inc. will post 2.52 EPS for the current fiscal year.

Advanced Energy Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, November 25th. This represents a $0.40 dividend on an annualized basis and a yield of 0.34%. Advanced Energy Industries's dividend payout ratio (DPR) is presently 35.09%.

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.