Peterson Wealth Services Acquires Shares of 1,898 Advanced Energy Industries, Inc. (NASDAQ:AEIS)

Peterson Wealth Services acquired a new stake in Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,898 shares of the electronics maker’s stock, valued at approximately $207,000.

A number of other large investors have also recently made changes to their positions in AEIS. Point72 Middle East FZE purchased a new stake in shares of Advanced Energy Industries in the fourth quarter valued at about $29,000. Exchange Traded Concepts LLC purchased a new stake in shares of Advanced Energy Industries in the third quarter valued at about $48,000. Tower Research Capital LLC TRC raised its holdings in shares of Advanced Energy Industries by 193.5% in the first quarter. Tower Research Capital LLC TRC now owns 499 shares of the electronics maker’s stock valued at $49,000 after purchasing an additional 329 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in Advanced Energy Industries during the first quarter worth about $49,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in Advanced Energy Industries during the third quarter worth about $85,000. 99.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on AEIS shares. Wells Fargo & Company decreased their price objective on shares of Advanced Energy Industries from $108.00 to $97.00 and set an “equal weight” rating for the company in a report on Wednesday, February 7th. TheStreet upgraded shares of Advanced Energy Industries from a “c+” rating to a “b-” rating in a research report on Thursday, December 21st. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $115.14.

Advanced Energy Industries Price Performance

AEIS stock opened at $90.81 on Friday. The firm has a 50 day moving average of $99.42 and a 200-day moving average of $99.50. The company has a current ratio of 5.10, a quick ratio of 4.10 and a debt-to-equity ratio of 0.78. Advanced Energy Industries, Inc. has a 12 month low of $81.86 and a 12 month high of $126.38. The firm has a market capitalization of $3.39 billion, a P/E ratio of 26.71, a price-to-earnings-growth ratio of 3.24 and a beta of 1.55.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings data on Tuesday, February 6th. The electronics maker reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.10. Advanced Energy Industries had a net margin of 7.75% and a return on equity of 14.32%. The company had revenue of $405.27 million during the quarter, compared to analyst estimates of $407.66 million. As a group, sell-side analysts predict that Advanced Energy Industries, Inc. will post 2.88 earnings per share for the current fiscal year.

Advanced Energy Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Monday, February 19th were given a $0.10 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.44%. Advanced Energy Industries’s dividend payout ratio (DPR) is currently 11.76%.

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.