Dimensional Fund Advisors LP Sells 24,319 Shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Dimensional Fund Advisors LP trimmed its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 2.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 877,563 shares of the electronics maker's stock after selling 24,319 shares during the quarter. Dimensional Fund Advisors LP owned 2.33% of Advanced Energy Industries worth $101,473,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Charles Schwab Investment Management Inc. boosted its holdings in Advanced Energy Industries by 4.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 460,121 shares of the electronics maker's stock valued at $53,204,000 after purchasing an additional 18,533 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Advanced Energy Industries in the fourth quarter valued at about $3,971,000. Fort Washington Investment Advisors Inc. OH grew its position in Advanced Energy Industries by 10.2% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 139,556 shares of the electronics maker's stock worth $16,137,000 after buying an additional 12,860 shares in the last quarter. Amundi increased its stake in Advanced Energy Industries by 192.6% during the fourth quarter. Amundi now owns 19,405 shares of the electronics maker's stock valued at $2,303,000 after acquiring an additional 12,773 shares during the period. Finally, Alpha DNA Investment Management LLC acquired a new position in Advanced Energy Industries in the 4th quarter valued at approximately $487,000. Institutional investors and hedge funds own 99.67% of the company's stock.

Advanced Energy Industries Stock Up 3.9 %

Shares of AEIS opened at $100.67 on Monday. The company has a market capitalization of $3.81 billion, a P/E ratio of 70.40, a PEG ratio of 1.39 and a beta of 1.47. Advanced Energy Industries, Inc. has a one year low of $75.01 and a one year high of $132.16. The business's 50 day simple moving average is $101.13 and its 200-day simple moving average is $110.39. The company has a debt-to-equity ratio of 0.47, a current ratio of 4.42 and a quick ratio of 3.27.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The electronics maker reported $1.06 EPS 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, sell-side analysts predict that Advanced Energy Industries, Inc. will post 3.66 EPS for the current fiscal 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 0.40%. The ex-dividend date of this dividend was Monday, February 24th. Advanced Energy Industries's dividend payout ratio is presently 27.97%.

Wall Street Analysts Forecast Growth

AEIS has been the topic of a number of research reports. Stifel Nicolaus boosted their price objective on Advanced Energy Industries from $130.00 to $135.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Needham & Company LLC restated a "buy" rating and issued a $145.00 price objective on shares of Advanced Energy Industries in a research note on Thursday, February 13th. Wells Fargo & Company decreased their target price on shares of 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 increased their price target for the stock from $110.00 to $138.00 in a research report on Monday, January 6th. Finally, Robert W. Baird decreased their price objective on Advanced Energy Industries from $136.00 to $124.00 and set an "outperform" rating on the stock in a report on Friday. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $125.22.

Insider Transactions at Advanced Energy Industries

In other Advanced Energy Industries news, 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 completion of the sale, the director now directly owns 3,492 shares of the company's stock, valued at approximately $451,760.04. The trade was a 31.42 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Eduardo Bernal Acebedo sold 19,309 shares of the firm's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $111.61, for a total transaction 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 $2,212,333.42. This trade represents a 49.34 % decrease in their position. The disclosure for this sale can be found here. 1.20% of the stock is owned by company insiders.

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.

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