Advanced Energy Industries, Inc. (NASDAQ:AEIS) is Compass Wealth Management LLC’s 6th Largest Position

Compass Wealth Management LLC boosted its position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 68,838 shares of the electronics maker’s stock after acquiring an additional 245 shares during the period. Advanced Energy Industries accounts for about 1.9% of Compass Wealth Management LLC’s investment portfolio, making the stock its 6th largest position. Compass Wealth Management LLC owned about 0.18% of Advanced Energy Industries worth $7,960,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Advanced Energy Industries by 7.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 4,259 shares of the electronics maker’s stock worth $463,000 after acquiring an additional 312 shares during the period. Canada Pension Plan Investment Board bought a new position in Advanced Energy Industries in the 2nd quarter worth approximately $87,000. Evergreen Capital Management LLC purchased a new stake in Advanced Energy Industries during the 2nd quarter valued at approximately $220,000. Squarepoint Ops LLC bought a new stake in shares of Advanced Energy Industries during the second quarter valued at approximately $688,000. Finally, AQR Capital Management LLC lifted its holdings in shares of Advanced Energy Industries by 18.4% in the second quarter. AQR Capital Management LLC now owns 3,649 shares of the electronics maker’s stock worth $397,000 after buying an additional 566 shares in the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AEIS shares. Benchmark reaffirmed a “buy” rating and set a $125.00 target price on shares of Advanced Energy Industries in a research note on Wednesday, November 20th. Wells Fargo & Company raised their price objective on Advanced Energy Industries from $105.00 to $115.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. Needham & Company LLC reiterated a “buy” rating and issued a $145.00 target price on shares of Advanced Energy Industries in a research report on Wednesday, January 15th. Citigroup upgraded Advanced Energy Industries from a “neutral” rating to a “buy” rating and raised their price target for the company from $110.00 to $138.00 in a report on Monday, January 6th. Finally, StockNews.com raised Advanced Energy Industries from a “sell” rating to a “hold” rating in a report on Monday, November 4th. Four 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $126.89.

Insider Transactions at Advanced Energy Industries

In related news, Director Lanesha Minnix sold 1,000 shares of Advanced Energy Industries 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 completion of the sale, the director now owns 5,092 shares in the company, valued at $568,878.24. This trade represents a 16.41 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.00% of the company’s stock.

Advanced Energy Industries Stock Performance

NASDAQ AEIS opened at $125.36 on Friday. The company has a market cap of $4.72 billion, a P/E ratio of 109.97, a P/E/G ratio of 4.01 and a beta of 1.46. The business’s 50 day moving average price is $117.67 and its 200-day moving average price is $110.36. Advanced Energy Industries, Inc. has a fifty-two week low of $89.11 and a fifty-two week high of $130.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 3.32 and a current ratio of 4.62.

Advanced Energy Industries (NASDAQ:AEIS) last announced its earnings results on Wednesday, October 30th. The electronics maker reported $0.98 earnings per share for the quarter, beating 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 the consensus estimate of $372.49 million. During the same quarter in the prior year, the firm posted $1.12 earnings per share. The business’s revenue for the quarter was down 8.7% on a year-over-year basis. Sell-side analysts predict that Advanced Energy Industries, Inc. will post 2.52 earnings per share for the current year.

Advanced Energy Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 25th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, November 25th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.32%. Advanced Energy Industries’s dividend payout ratio is 35.09%.

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.