Advanced Energy Industries Inc Institutional Investor Sentiment Improved in 2017 Q4

May 17, 2018 - By Tina Thibodeau

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Logo

Sentiment for Advanced Energy Industries Inc (NASDAQ:AEIS)

Advanced Energy Industries Inc (NASDAQ:AEIS) institutional sentiment increased to 1.19 in Q4 2017. Its up 0.12, from 1.07 in 2017Q3. The ratio is better, as 143 hedge funds opened new or increased holdings, while 120 sold and decreased holdings in Advanced Energy Industries Inc. The hedge funds in our partner’s database now hold: 35.96 million shares, up from 35.94 million shares in 2017Q3. Also, the number of hedge funds holding Advanced Energy Industries Inc in their top 10 holdings decreased from 2 to 0 for a decrease of 2. Sold All: 30 Reduced: 90 Increased: 98 New Position: 45.

Advanced Energy Industries, Inc., together with its subsidiaries, designs, makes, sells, and supports power conversion and control products that transform power into various usable forms. The company has market cap of $2.60 billion. It offers process power systems, including direct current , pulsed DC, low frequency, high voltage, and radio frequency (RF) power supplies, as well as matching networks and remote plasma sources for reactive gas applications and RF instrumentation. It has a 19.27 P/E ratio. The firm also provides power control modules and thermal instrumentation products for rapid thermal processing, chemical vapor deposition, crystal growing, and other semiconductor and solar applications, as well as in chemical processing, glass manufacturing, and other general industrial power applications; and high voltage products for various applications, including semiconductor wafer processing and metrology, scientific instrumentation, mass spectrometry, industrial printing, and analytical x-ray systems.

The stock decreased 0.19% or $0.12 during the last trading session, reaching $66.17. About 101,181 shares traded. Advanced Energy Industries, Inc. (NASDAQ:AEIS) has declined 4.98% since May 17, 2017 and is downtrending. It has underperformed by 16.53% the S&P500.

Analysts await Advanced Energy Industries, Inc. (NASDAQ:AEIS) to report earnings on July, 30. They expect $1.28 earnings per share, up 12.28 % or $0.14 from last year’s $1.14 per share. AEIS’s profit will be $50.33 million for 12.92 P/E if the $1.28 EPS becomes a reality. After $1.16 actual earnings per share reported by Advanced Energy Industries, Inc. for the previous quarter, Wall Street now forecasts 10.34 % EPS growth.

Zpr Investment Management holds 2.87% of its portfolio in Advanced Energy Industries, Inc. for 29,440 shares. Praesidium Investment Management Company Llc owns 441,347 shares or 2.31% of their US portfolio. Moreover, Hillcrest Asset Management Llc has 2% invested in the company for 147,060 shares. The Massachusetts-based Aristotle Capital Boston Llc has invested 0.99% in the stock. Eagle Boston Investment Management Inc, a Massachusetts-based fund reported 144,121 shares.

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $4.18 million activity.

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Ratings Coverage

Ratings analysis reveals 50% of Advanced Energy Industries’s analysts are positive. Out of 4 Wall Street analysts rating Advanced Energy Industries, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $68 while the high is $100.0. The stock’s average target of $82 is 23.92% above today’s ($66.17) share price. AEIS was included in 4 notes of analysts from December 29, 2017. The stock has “Neutral” rating by Citigroup on Wednesday, May 2. DA Davidson initiated the shares of AEIS in report on Thursday, January 11 with “Buy” rating.

More notable recent Advanced Energy Industries, Inc. (NASDAQ:AEIS) news were published by: Businesswire.com which released: “Advanced Energy Signs Distribution Agreement with Mouser Electronics to Enhance Customer New Product …” on May 15, 2018, also Seekingalpha.com with their article: “Advanced Energy Industries’ (AEIS) CEO Yuval Wasserman on Q1 2018 Results – Earnings Call Transcript” published on May 01, 2018, Globenewswire.com published: “Advanced Energy Announces First Quarter 2018 Results” on April 30, 2018. More interesting news about Advanced Energy Industries, Inc. (NASDAQ:AEIS) were released by: Globenewswire.com and their article: “Advanced Energy to Attend JP Morgan Global TMC Conference” published on May 10, 2018 as well as Globenewswire.com‘s news article titled: “Tina M. Donikowski Joins Advanced Energy Board of Directors” with publication date: May 04, 2018.

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: