Advanced Energy Industries, Inc. (AEIS) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky cut its stake in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 8.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 16,100 shares of the company’s stock after selling 1,400 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Advanced Energy Industries were worth $881,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AEIS. BlackRock Fund Advisors boosted its position in Advanced Energy Industries by 7.3% in the third quarter. BlackRock Fund Advisors now owns 2,745,285 shares of the company’s stock valued at $129,907,000 after buying an additional 186,358 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in Advanced Energy Industries by 3.5% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,014,603 shares of the company’s stock valued at $48,011,000 after buying an additional 33,946 shares in the last quarter. State Street Corp boosted its position in Advanced Energy Industries by 4.8% in the fourth quarter. State Street Corp now owns 919,386 shares of the company’s stock valued at $50,332,000 after buying an additional 41,776 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Advanced Energy Industries by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 814,995 shares of the company’s stock valued at $38,565,000 after buying an additional 3,243 shares in the last quarter. Finally, Prudential Financial Inc. boosted its position in Advanced Energy Industries by 13.6% in the third quarter. Prudential Financial Inc. now owns 585,193 shares of the company’s stock valued at $27,691,000 after buying an additional 69,930 shares in the last quarter. 94.15% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Advanced Energy Industries (NASDAQ:AEIS)

Advanced Energy Industries, Inc. (NASDAQ:AEIS) opened at 69.78 on Tuesday. The company has a market capitalization of $2.77 billion, a PE ratio of 21.93 and a beta of 1.07. Advanced Energy Industries, Inc. has a 52 week low of $31.76 and a 52 week high of $70.15. The company has a 50-day moving average of $62.71 and a 200-day moving average of $53.88.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings results on Monday, January 30th. The company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.25. Advanced Energy Industries had a net margin of 26.35% and a return on equity of 34.94%. The business had revenue of $135.30 million for the quarter, compared to analysts’ expectations of $131.14 million. During the same period in the previous year, the company earned $0.32 earnings per share. The firm’s revenue for the quarter was up 55.7% compared to the same quarter last year. On average, equities research analysts anticipate that Advanced Energy Industries, Inc. will post $3.58 EPS for the current year.

Your IP Address:

AEIS has been the topic of several research analyst reports. Dougherty & Co increased their price target on shares of Advanced Energy Industries from $54.00 to $66.00 and gave the company a “buy” rating in a report on Thursday, January 12th. Needham & Company LLC raised their target price on shares of Advanced Energy Industries from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, February 1st. Zacks Investment Research raised shares of Advanced Energy Industries from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a report on Friday, January 13th. Finally, Citigroup Inc raised their target price on shares of Advanced Energy Industries from $66.00 to $74.00 and gave the stock a “neutral” rating in a report on Monday. Four 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 stock. The company has a consensus rating of “Buy” and a consensus target price of $58.67.

In related news, Director Thomas M. Rohrs sold 4,000 shares of the business’s stock in a transaction dated Tuesday, January 3rd. The shares were sold at an average price of $54.86, for a total transaction of $219,440.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.33% of the stock is currently owned by insiders.

About Advanced Energy Industries

Advanced Energy Industries, Inc is a provider of engineered, precision power conversion, measurement and control solutions. The Company is engaged in designing, manufacturing, selling and supporting its power conversion products and solutions that transform power into various forms in various applications ranging from manufacturing and industrial processes to instrumentation, and test and measurement.

5 Day Chart for NASDAQ:AEIS

Want to see what other hedge funds are holding AEIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Energy Industries, Inc. (NASDAQ:AEIS).

Receive News & Ratings for Advanced Energy Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Energy Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Nike Suspends Relationship with Maria Sharapova
Nike Suspends Relationship with Maria Sharapova
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Ron Washington Leaves Texas Rangers Due to an Affair
Ron Washington Leaves Texas Rangers Due to an Affair
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Tony Stewart Case Going to the Grand Jury
Tony Stewart Case Going to the Grand Jury
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder


Leave a Reply

 
© 2006-2017 Web Breaking News.