Deutsche Bank AG lessened its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS) by 27.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 589,609 shares of the electronics maker’s stock after selling 222,049 shares during the quarter. Deutsche Bank AG owned about 1.54% of Advanced Energy Industries worth $25,311,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AEIS. FMR LLC raised its holdings in Advanced Energy Industries by 141.6% in the 4th quarter. FMR LLC now owns 1,890,706 shares of the electronics maker’s stock worth $81,168,000 after acquiring an additional 1,108,167 shares during the period. Norges Bank bought a new position in Advanced Energy Industries in the 4th quarter worth $27,068,000. Clearbridge Investments LLC bought a new position in Advanced Energy Industries in the 3rd quarter worth $19,144,000. Dimensional Fund Advisors LP raised its holdings in Advanced Energy Industries by 11.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,279,775 shares of the electronics maker’s stock worth $54,941,000 after acquiring an additional 129,725 shares during the period. Finally, Investment Counselors of Maryland LLC raised its holdings in Advanced Energy Industries by 28.5% in the 4th quarter. Investment Counselors of Maryland LLC now owns 465,135 shares of the electronics maker’s stock worth $19,968,000 after acquiring an additional 103,040 shares during the period. Hedge funds and other institutional investors own 98.00% of the company’s stock.

NASDAQ AEIS opened at $54.05 on Wednesday. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of 12.90, a P/E/G ratio of 1.99 and a beta of 1.41. Advanced Energy Industries, Inc. has a 52-week low of $38.74 and a 52-week high of $69.21.

Advanced Energy Industries (NASDAQ:AEIS) last posted its quarterly earnings results on Monday, February 4th. The electronics maker reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.08). The company had revenue of $154.16 million during the quarter, compared to analyst estimates of $155.58 million. Advanced Energy Industries had a return on equity of 27.02% and a net margin of 20.45%. The business’s revenue for the quarter was down 14.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.31 earnings per share. Sell-side analysts predict that Advanced Energy Industries, Inc. will post 2.76 earnings per share for the current fiscal year.

Several brokerages recently commented on AEIS. BidaskClub upgraded shares of Advanced Energy Industries from a “sell” rating to a “hold” rating in a report on Tuesday, December 18th. ValuEngine downgraded shares of Advanced Energy Industries from a “sell” rating to a “strong sell” rating in a report on Wednesday, January 9th. TheStreet upgraded shares of Advanced Energy Industries from a “c+” rating to a “b” rating in a research report on Wednesday, April 3rd. Finally, Zacks Investment Research upgraded shares of Advanced Energy Industries from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $70.17.

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About Advanced Energy Industries

Advanced Energy Industries, Inc engages in the provision of precision power conversion, measurement, and control solutions. Its products are used in complex semiconductor and thin film plasma processes such as dry etch, strip, chemical and physical deposition; high and low voltage applications such as process control, analytical instrumentation and medical equipment; and in temperature-critical thermal applications such as material and chemical processing.

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

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