Moody Aldrich Partners LLC Buys 10,947 Shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Moody Aldrich Partners LLC increased its stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 26.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 51,726 shares of the electronics maker's stock after acquiring an additional 10,947 shares during the quarter. Advanced Energy Industries makes up 1.1% of Moody Aldrich Partners LLC's holdings, making the stock its 26th largest holding. Moody Aldrich Partners LLC owned about 0.14% of Advanced Energy Industries worth $5,981,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Blue Trust Inc. boosted its stake in Advanced Energy Industries by 26.3% in the 4th quarter. Blue Trust Inc. now owns 1,023 shares of the electronics maker's stock worth $108,000 after purchasing an additional 213 shares during the period. Compass Wealth Management LLC grew its holdings in shares of Advanced Energy Industries by 0.4% during the fourth quarter. Compass Wealth Management LLC now owns 68,838 shares of the electronics maker's stock valued at $7,960,000 after buying an additional 245 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in Advanced Energy Industries by 1.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 5,008 shares of the electronics maker's stock valued at $579,000 after acquiring an additional 85 shares in the last quarter. Sheets Smith Wealth Management increased its holdings in shares of Advanced Energy Industries by 3.3% in the 4th quarter. Sheets Smith Wealth Management now owns 7,127 shares of the electronics maker's stock valued at $824,000 after purchasing an additional 230 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH lifted its position in Advanced Energy Industries by 10.2% in the 4th 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. 99.67% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Advanced Energy Industries news, Director Lanesha Minnix sold 1,000 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $111.72, for a total transaction 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 represents a 16.41 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.00% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of Advanced Energy Industries from $105.00 to $115.00 and gave the company an "equal weight" rating in a research note on Monday, January 13th. StockNews.com upgraded Advanced Energy Industries from a "sell" rating to a "hold" rating in a research note on Monday, November 4th. Bank of America upgraded Advanced Energy Industries from a "neutral" rating to a "buy" rating and set a $140.00 target price for the company in a report on Monday, December 16th. Benchmark reissued a "buy" rating and issued a $125.00 price target on shares of Advanced Energy Industries in a research report on Wednesday, November 20th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $145.00 target price on shares of Advanced Energy Industries in a research note on Wednesday, January 15th. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $126.89.

Advanced Energy Industries Price Performance

Shares of NASDAQ:AEIS traded down $1.02 on Wednesday, hitting $113.00. The stock had a trading volume of 83,349 shares, compared to its average volume of 252,424. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 99.12, a price-to-earnings-growth ratio of 4.01 and a beta of 1.46. 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's 50 day moving average price is $117.78 and its 200-day moving average price is $110.38. Advanced Energy Industries, Inc. has a twelve month low of $89.11 and a twelve month high of $130.50.

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

About Advanced Energy Industries

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.