Advanced Energy Industries, Inc. (NASDAQ:AEIS) Shares Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC boosted its holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS - Free Report) by 24.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 136,897 shares of the electronics maker's stock after acquiring an additional 26,782 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.36% of Advanced Energy Industries worth $14,407,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Huntington National Bank lifted its position in shares of Advanced Energy Industries by 200.0% during the 3rd quarter. Huntington National Bank now owns 312 shares of the electronics maker's stock valued at $33,000 after acquiring an additional 208 shares during the period. Meeder Asset Management Inc. lifted its stake in Advanced Energy Industries by 68.4% in the 3rd quarter. Meeder Asset Management Inc. now owns 458 shares of the electronics maker's stock valued at $48,000 after buying an additional 186 shares in the last quarter. GAMMA Investing LLC lifted its stake in Advanced Energy Industries by 157.6% in the 2nd quarter. GAMMA Investing LLC now owns 626 shares of the electronics maker's stock valued at $68,000 after buying an additional 383 shares in the last quarter. Canada Pension Plan Investment Board acquired a new stake in Advanced Energy Industries during the 2nd quarter valued at $87,000. Finally, Blue Trust Inc. raised its holdings in shares of Advanced Energy Industries by 2,150.0% in the third quarter. Blue Trust Inc. now owns 810 shares of the electronics maker's stock worth $88,000 after acquiring an additional 774 shares during the last quarter. Hedge funds and other institutional investors own 99.67% of the company's stock.

Insider Buying and Selling at Advanced Energy Industries

In related news, Director Lanesha Minnix sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $111.72, for a total transaction of $111,720.00. Following the completion of the transaction, the director now owns 5,092 shares in the company, valued at $568,878.24. The trade was a 16.41 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

AEIS has been the topic of a number of recent research reports. Wells Fargo & Company decreased their price target on shares of Advanced Energy Industries from $103.00 to $98.00 and set an "equal weight" rating on the stock in a research note on Thursday, October 3rd. Robert W. Baird cut their price objective 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. StockNews.com raised shares of Advanced Energy Industries from a "sell" rating to a "hold" rating in a research report on Monday, November 4th. Needham & Company LLC reaffirmed a "hold" rating on shares of Advanced Energy Industries in a research note on Wednesday. Finally, Benchmark reissued a "buy" rating and set a $125.00 price objective on shares of Advanced Energy Industries in a research note on Wednesday. Eight research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Advanced Energy Industries currently has an average rating of "Hold" and an average target price of $113.75.

Advanced Energy Industries Stock Down 0.7 %

Shares of NASDAQ:AEIS opened at $110.77 on Thursday. Advanced Energy Industries, Inc. has a 12-month low of $89.11 and a 12-month high of $120.81. The company has a current ratio of 4.62, a quick ratio of 3.32 and a debt-to-equity ratio of 0.48. The firm has a market cap of $4.17 billion, a PE ratio of 97.17, a price-to-earnings-growth ratio of 6.60 and a beta of 1.48. The company has a fifty day simple moving average of $107.20 and a 200 day simple moving average of $106.66.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The electronics maker reported $0.98 EPS 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 business had revenue of $374.20 million for the quarter, compared to analysts' expectations of $372.49 million. During the same quarter last year, the company posted $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 anticipate that Advanced Energy Industries, Inc. will post 2.5 EPS for the current fiscal year.

Advanced Energy Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Monday, November 25th will be issued a $0.10 dividend. The ex-dividend date is Monday, November 25th. This represents a $0.40 dividend on an annualized basis and a yield of 0.36%. Advanced Energy Industries's dividend payout ratio is currently 35.09%.

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.