Commerce Bank Has Lifted Mohawk Inds (MHK) Stake By $570,625; Profile of 3 Analysts Covering Advanced Energy Industries, Inc. (AEIS)

April 25, 2018 - By Louis Casey

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

Commerce Bank increased Mohawk Inds Inc (MHK) stake by 6.1% reported in 2017Q4 SEC filing. Commerce Bank acquired 2,075 shares as Mohawk Inds Inc (MHK)’s stock declined 17.56%. The Commerce Bank holds 36,086 shares with $9.96M value, up from 34,011 last quarter. Mohawk Inds Inc now has $16.87 billion valuation. The stock decreased 0.37% or $0.85 during the last trading session, reaching $226.4. About 556,299 shares traded. Mohawk Industries, Inc. (NYSE:MHK) has risen 0.12% since April 25, 2017 and is uptrending. It has underperformed by 11.43% the S&P500.

Among 10 analysts covering Advanced Energy Industries Inc. (NASDAQ:AEIS), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Advanced Energy Industries Inc. had 24 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Thursday, October 12 with “Hold”. Dougherty & Company maintained Advanced Energy Industries, Inc. (NASDAQ:AEIS) rating on Thursday, January 12. Dougherty & Company has “Buy” rating and $66 target. The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) has “Strong-Buy” rating given on Thursday, August 6 by Zacks. On Thursday, July 28 the stock rating was maintained by Dougherty & Company with “Buy”. Needham maintained Advanced Energy Industries, Inc. (NASDAQ:AEIS) on Monday, September 18 with “Buy” rating. The firm has “Hold” rating by KeyBanc Capital Markets given on Thursday, November 16. Needham maintained Advanced Energy Industries, Inc. (NASDAQ:AEIS) on Thursday, September 17 with “Buy” rating. The firm has “Buy” rating by Needham given on Wednesday, February 1. The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) has “Neutral” rating given on Wednesday, April 20 by Bank of America. Pacific Crest reinitiated the stock with “Sector Weight” rating in Monday, January 4 report. See Advanced Energy Industries, Inc. (NASDAQ:AEIS) latest ratings:

11/01/2018 Broker: DA Davidson Rating: Buy New Target: $100.0 Initiate
29/12/2017 Broker: Stifel Nicolaus Rating: Hold
16/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

The stock increased 0.38% or $0.23 during the last trading session, reaching $60.12. About 149,886 shares traded. Advanced Energy Industries, Inc. (NASDAQ:AEIS) has declined 4.98% since April 25, 2017 and is downtrending. It has underperformed by 16.53% the S&P500.

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 $2.39 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 17.51 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.

Since December 8, 2017, it had 0 insider buys, and 1 insider sale for $718,585 activity. $718,585 worth of Advanced Energy Industries, Inc. (NASDAQ:AEIS) shares were sold by BEARD GRANT H.

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.12, from 1.07 in 2017Q3. It increased, as 30 investors sold Advanced Energy Industries, Inc. shares while 90 reduced holdings. 45 funds opened positions while 98 raised stakes. 35.96 million shares or 0.05% more from 35.94 million shares in 2017Q3 were reported. Timpani Cap Ltd accumulated 32,231 shares. State Of Tennessee Treasury Department accumulated 0.01% or 31,444 shares. New York-based Pinebridge Invests Limited Partnership has invested 0.02% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Gsa Prtn Llp reported 0.03% of its portfolio in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Tci Wealth Advsrs, Arizona-based fund reported 57 shares. Moreover, State Board Of Administration Of Florida Retirement has 0% invested in Advanced Energy Industries, Inc. (NASDAQ:AEIS) for 26,576 shares. Wells Fargo & Com Mn holds 394,721 shares. Geode Capital Mgmt Ltd has 0.01% invested in Advanced Energy Industries, Inc. (NASDAQ:AEIS) for 377,696 shares. Acadian Asset Limited Company reported 31,439 shares or 0.01% of all its holdings. Landscape Capital Mgmt Limited stated it has 15,089 shares. Raymond James, a Florida-based fund reported 10,102 shares. Federated Incorporated Pa invested 0.03% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). New York-based Alliancebernstein Lp has invested 0.03% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Captrust Financial Advsr stated it has 149 shares. Eaton Vance reported 0% of its portfolio in Advanced Energy Industries, Inc. (NASDAQ:AEIS).

Among 20 analysts covering Mohawk (NYSE:MHK), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Mohawk had 50 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Monday, October 30. The rating was maintained by Stifel Nicolaus on Thursday, August 31 with “Buy”. Robert W. Baird maintained Mohawk Industries, Inc. (NYSE:MHK) on Monday, November 20 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, August 10. The firm has “Buy” rating given on Friday, October 27 by Nomura. The rating was maintained by Stifel Nicolaus on Monday, August 10 with “Buy”. Macquarie Research maintained Mohawk Industries, Inc. (NYSE:MHK) rating on Friday, December 16. Macquarie Research has “Outperform” rating and $235 target. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, November 9. The rating was maintained by Robert W. Baird with “Buy” on Thursday, October 19. As per Tuesday, November 14, the company rating was maintained by RBC Capital Markets.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.03, from 1.1 in 2017Q3. It increased, as 28 investors sold MHK shares while 181 reduced holdings. 74 funds opened positions while 163 raised stakes. 56.08 million shares or 0.46% more from 55.82 million shares in 2017Q3 were reported. Bamco Inc Ny owns 0.31% invested in Mohawk Industries, Inc. (NYSE:MHK) for 242,937 shares. Crestpoint Cap Ltd invested 1.39% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK). Swiss Bank has 233,074 shares for 0.07% of their portfolio. Rhumbline Advisers accumulated 119,303 shares or 0.07% of the stock. Legal And General Grp Public Llc holds 0.06% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK) for 315,822 shares. Westpac Banking owns 4,307 shares for 0.03% of their portfolio. Oppenheimer Asset Mgmt stated it has 7,136 shares or 0.05% of all its holdings. Redwood Ltd Llc reported 42,907 shares or 0.84% of all its holdings. Pggm invested in 0.13% or 87,000 shares. Bahl And Gaynor Incorporated stated it has 0% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK). Suntrust Banks Incorporated owns 2,394 shares. Da Davidson owns 0% invested in Mohawk Industries, Inc. (NYSE:MHK) for 749 shares. Ami Inv Management holds 1.91% or 11,530 shares. Sg Americas Ltd Com holds 0.03% or 10,942 shares. Tarbox Family Office Incorporated has 11 shares for 0% of their portfolio.

Since February 14, 2018, it had 1 insider buy, and 11 selling transactions for $9.24 million activity. Another trade for 446 shares valued at $109,270 was made by Patton Rodney David on Friday, March 9. The insider Thiers Bernard sold 17,383 shares worth $4.35M. Boykin Frank H sold $255,501 worth of Mohawk Industries, Inc. (NYSE:MHK) on Friday, March 9. Another trade for 944 shares valued at $230,917 was sold by Turner John C JR. 500 shares valued at $125,435 were bought by RUNGE WILLIAM HENRY III on Wednesday, February 14. On Friday, February 16 the insider WELLBORN CHISTOPHER sold $2.19M.

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: