WINTON GROUP Ltd Acquires Shares of 42,931 Advanced Energy Industries, Inc. (AEIS)

WINTON GROUP Ltd acquired a new position in shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 42,931 shares of the electronics maker’s stock, valued at approximately $3,467,000. WINTON GROUP Ltd owned 0.11% of Advanced Energy Industries at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Advisory Services Network LLC raised its holdings in Advanced Energy Industries by 9.5% during the 2nd quarter. Advisory Services Network LLC now owns 2,161 shares of the electronics maker’s stock worth $140,000 after buying an additional 187 shares during the period. D.A. Davidson & CO. grew its stake in Advanced Energy Industries by 0.7% during the 2nd quarter. D.A. Davidson & CO. now owns 2,207 shares of the electronics maker’s stock valued at $142,000 after acquiring an additional 16 shares in the last quarter. Riverhead Capital Management LLC grew its stake in Advanced Energy Industries by 55.4% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,331 shares of the electronics maker’s stock valued at $151,000 after acquiring an additional 831 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in Advanced Energy Industries by 57.2% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,077 shares of the electronics maker’s stock valued at $168,000 after acquiring an additional 756 shares in the last quarter. Finally, Pacad Investment Ltd. purchased a new position in Advanced Energy Industries during the 2nd quarter valued at about $188,000. Hedge funds and other institutional investors own 92.93% of the company’s stock.

AEIS has been the topic of several research analyst reports. Stifel Nicolaus initiated coverage on Advanced Energy Industries in a research note on Wednesday, August 23rd. They set a “hold” rating and a $74.00 target price on the stock. Zacks Investment Research cut Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Needham & Company LLC reaffirmed a “buy” rating on shares of Advanced Energy Industries in a research note on Friday, October 13th. KeyCorp reaffirmed a “hold” rating on shares of Advanced Energy Industries in a research note on Sunday, October 15th. Finally, ValuEngine cut Advanced Energy Industries from a “buy” rating to a “hold” rating in a research note on Friday, October 27th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Advanced Energy Industries has an average rating of “Hold” and an average price target of $81.60.

Shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) opened at $72.55 on Friday. The company has a market capitalization of $2,880.00, a P/E ratio of 18.20, a P/E/G ratio of 1.20 and a beta of 1.36. Advanced Energy Industries, Inc. has a 12 month low of $51.56 and a 12 month high of $95.00.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings results on Monday, October 30th. The electronics maker reported $1.19 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.17 by $0.02. The business had revenue of $176.60 million during the quarter, compared to analysts’ expectations of $165.77 million. Advanced Energy Industries had a return on equity of 35.56% and a net margin of 33.76%. The firm’s quarterly revenue was up 39.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.77 EPS. equities analysts anticipate that Advanced Energy Industries, Inc. will post 4.26 earnings per share for the current year.

In other Advanced Energy Industries news, CFO Thomas Liguori sold 16,000 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $73.64, for a total transaction of $1,178,240.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frederick Ball sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $83.51, for a total value of $334,040.00. The disclosure for this sale can be found here. In the last three months, insiders sold 70,603 shares of company stock valued at $5,750,808. 1.13% of the stock is currently owned by company insiders.

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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.

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

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