Signaturefd LLC Has $106,000 Stock Holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Signaturefd LLC grew its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 28.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,007 shares of the electronics maker’s stock after purchasing an additional 220 shares during the period. Signaturefd LLC’s holdings in Advanced Energy Industries were worth $106,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in shares of 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 purchasing an additional 383 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Advanced Energy Industries in the second quarter valued at about $87,000. 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 valued at $88,000 after buying an additional 774 shares during the last quarter. Hilltop National Bank raised its holdings in shares of Advanced Energy Industries by 13.4% in the second quarter. Hilltop National Bank now owns 983 shares of the electronics maker’s stock valued at $107,000 after buying an additional 116 shares during the last quarter. Finally, Innealta Capital LLC bought a new position in shares of Advanced Energy Industries in the second quarter valued at about $109,000. Institutional investors and hedge funds own 99.67% of the company’s stock.

Advanced Energy Industries Stock Performance

Shares of AEIS stock opened at $108.37 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 5.47 and a quick ratio of 4.22. The stock has a market cap of $4.06 billion, a PE ratio of 39.84, a price-to-earnings-growth ratio of 5.41 and a beta of 1.49. The stock has a 50-day moving average of $103.98 and a 200-day moving average of $104.59. Advanced Energy Industries, Inc. has a one year low of $81.86 and a one year high of $119.75.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings results on Tuesday, July 30th. The electronics maker reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.14. The company had revenue of $364.95 million during the quarter, compared to analysts’ expectations of $350.06 million. Advanced Energy Industries had a return on equity of 10.43% and a net margin of 6.00%. Advanced Energy Industries’s revenue was down 12.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.95 EPS. As a group, sell-side analysts expect that Advanced Energy Industries, Inc. will post 2.47 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Monday, August 26th were paid a $0.10 dividend. The ex-dividend date was Monday, August 26th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.37%. Advanced Energy Industries’s dividend payout ratio (DPR) is presently 14.71%.

Analyst Ratings Changes

AEIS has been the subject of a number of research analyst reports. Baird R W raised Advanced Energy Industries to a “strong-buy” rating in a report on Friday, September 20th. StockNews.com cut Advanced Energy Industries from a “hold” rating to a “sell” rating in a report on Friday, September 20th. TD Cowen lifted their price target on Advanced Energy Industries from $100.00 to $120.00 and gave the company a “hold” rating in a report on Wednesday, July 31st. Wells Fargo & Company cut their price target on Advanced Energy Industries from $103.00 to $98.00 and set an “equal weight” rating for the company in a report on Thursday, October 3rd. Finally, Stifel Nicolaus began coverage on Advanced Energy Industries in a report on Thursday, August 15th. They set a “buy” rating and a $135.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Advanced Energy Industries currently has an average rating of “Hold” and an average price target of $113.11.

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.