As Baxter International (BAX) Shares Rose, Bahl & Gaynor Increased Its Position; Advanced Energy Inds (AEIS) Stock Value Declined While Aristotle Capital Boston Has Cut Its Holding

April 20, 2018 - By Vivian Park

Baxter International Inc. (NYSE:BAX) Logo

Bahl & Gaynor Inc increased its stake in Baxter International (BAX) by 37.98% based on its latest 2017Q4 regulatory filing with the SEC. Bahl & Gaynor Inc bought 5,046 shares as the company’s stock rose 0.23% while stock markets declined. The institutional investor held 18,332 shares of the medical and dental instruments company at the end of 2017Q4, valued at $1.19M, up from 13,286 at the end of the previous reported quarter. Bahl & Gaynor Inc who had been investing in Baxter International for a number of months, seems to be bullish on the $36.04 billion market cap company. The stock increased 0.06% or $0.04 during the last trading session, reaching $67.02. About 923,313 shares traded. Baxter International Inc. (NYSE:BAX) has risen 25.16% since April 20, 2017 and is uptrending. It has outperformed by 13.61% the S&P500.

Aristotle Capital Boston Llc decreased its stake in Advanced Energy Inds (AEIS) by 8.85% based on its latest 2017Q4 regulatory filing with the SEC. Aristotle Capital Boston Llc sold 19,585 shares as the company’s stock declined 10.34% with the market. The institutional investor held 201,612 shares of the capital goods company at the end of 2017Q4, valued at $13.61M, down from 221,197 at the end of the previous reported quarter. Aristotle Capital Boston Llc who had been investing in Advanced Energy Inds for a number of months, seems to be less bullish one the $2.43B market cap company. The stock decreased 1.16% or $0.72 during the last trading session, reaching $61.21. About 373,982 shares traded. Advanced Energy Industries, Inc. (NASDAQ:AEIS) has declined 4.98% since April 20, 2017 and is downtrending. It has underperformed by 16.53% the S&P500.

Among 20 analysts covering Baxter International (NYSE:BAX), 12 have Buy rating, 0 Sell and 8 Hold. Therefore 60% are positive. Baxter International had 56 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Friday, June 30 by Cantor Fitzgerald. On Monday, October 2 the stock rating was maintained by RBC Capital Markets with “Hold”. On Tuesday, February 6 the stock rating was maintained by Citigroup with “Neutral”. As per Thursday, October 13, the company rating was initiated by Wells Fargo. As per Wednesday, May 4, the company rating was initiated by Evercore. The stock has “Hold” rating by BMO Capital Markets on Friday, April 28. The stock has “Outperform” rating by BMO Capital Markets on Tuesday, July 11. The rating was initiated by Piper Jaffray with “Overweight” on Monday, November 16. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, February 3 report. The company was initiated on Thursday, August 17 by Citigroup.

Investors sentiment is 0.97 in 2017 Q4. Its the same as in 2017Q3. It is the same, as 32 investors sold BAX shares while 311 reduced holdings. only 81 funds opened positions while 250 raised stakes. 441.20 million shares or 0.32% more from 439.80 million shares in 2017Q3 were reported. Athena Ltd Liability owns 0.05% invested in Baxter International Inc. (NYSE:BAX) for 3,337 shares. 1,325 are owned by Webster National Bank & Trust N A. Meiji Yasuda Asset Mgmt Ltd stated it has 35,010 shares or 0.22% of all its holdings. Cetera Advisors Lc has 5,079 shares for 0.02% of their portfolio. 66,630 are held by Neuberger Berman Group Inc Lc. Invesco Ltd holds 7.02 million shares. Sigma Planning stated it has 11,063 shares or 0.06% of all its holdings. Moreover, Rodgers Brothers has 0.45% invested in Baxter International Inc. (NYSE:BAX) for 21,467 shares. Mariner Wealth Llc reported 3,999 shares. Triangle Wealth accumulated 0.16% or 4,375 shares. Omers Administration holds 112,600 shares or 0.07% of its portfolio. Tompkins Fincl Corporation stated it has 4,322 shares. Deutsche Bankshares Ag holds 0.07% of its portfolio in Baxter International Inc. (NYSE:BAX) for 1.59M shares. Palisade Asset Lc reported 133,536 shares. Meeder Asset has invested 0.49% in Baxter International Inc. (NYSE:BAX).

Since March 2, 2018, it had 0 insider purchases, and 5 insider sales for $5.13 million activity. $3.10 million worth of Baxter International Inc. (NYSE:BAX) was sold by STORM KORNELIS J. on Wednesday, March 28. Shares for $243,443 were sold by STROUCKEN ALBERT P L. On Monday, April 2 the insider HELLMAN PETER S sold $243,408. 18,750 shares valued at $1.21 million were sold by GAVIN JAMES R III on Wednesday, March 28.

Bahl & Gaynor Inc, which manages about $7.63 billion and $9.72 billion US Long portfolio, decreased its stake in General Mills Inc. (NYSE:GIS) by 13,048 shares to 52,469 shares, valued at $3.11 million in 2017Q4, according to the filing. It also reduced its holding in Westinghouse Air Brake Technol (NYSE:WAB) by 13,251 shares in the quarter, leaving it with 28,182 shares, and cut its stake in Crown Castle International (NYSE:CCI).

Analysts await Advanced Energy Industries, Inc. (NASDAQ:AEIS) to report earnings on May, 7. They expect $1.22 earnings per share, up 38.64% or $0.34 from last year’s $0.88 per share. AEIS’s profit will be $48.43 million for 12.54 P/E if the $1.22 EPS becomes a reality. After $1.23 actual earnings per share reported by Advanced Energy Industries, Inc. for the previous quarter, Wall Street now forecasts -0.81% negative EPS growth.

Since October 18, 2017, it had 0 insider buys, and 1 insider sale for $718,585 activity. The insider WASSERMAN YUVAL sold 10,669 shares worth $960,210.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.12, from 1.07 in 2017Q3. It is positive, as 30 investors sold AEIS 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. Schwab Charles Invest Management Inc accumulated 0.01% or 277,523 shares. Sheets Smith Wealth Mgmt invested 0.09% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Los Angeles Capital Mgmt And Equity Rech Inc owns 58,474 shares for 0.02% of their portfolio. Credit Agricole S A has 24,000 shares for 0.11% of their portfolio. Ajo Ltd Partnership holds 418,603 shares or 0.12% of its portfolio. Putnam Invests Limited Liability invested in 0.01% or 59,333 shares. Moreover, Sector Pension Invest Board has 0.01% invested in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Zpr stated it has 2.87% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Cortina Asset Mgmt Ltd Liability Corporation invested 0.74% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Eqis Capital Management Incorporated reported 18,649 shares. Hsbc Holdg Public Limited Co has invested 0% of its portfolio in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Bnp Paribas Arbitrage Sa, a New York-based fund reported 16,520 shares. Robeco Institutional Asset Bv accumulated 1.13 million shares. Jefferies Group Limited has invested 0.01% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Parallax Volatility Advisers LP holds 0% or 6,048 shares.

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 downgraded by Bank of America to “Neutral” on Wednesday, April 20. The company was maintained on Thursday, November 16 by KeyBanc Capital Markets. The firm has “Hold” rating given on Monday, April 18 by Needham. DA Davidson initiated Advanced Energy Industries, Inc. (NASDAQ:AEIS) on Thursday, January 11 with “Buy” rating. The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) earned “Buy” rating by Dougherty & Company on Wednesday, February 1. The firm earned “Market Perform” rating on Thursday, July 14 by Raymond James. The rating was maintained by Needham on Friday, October 13 with “Buy”. Citigroup initiated the shares of AEIS in report on Wednesday, October 12 with “Neutral” rating. Needham maintained Advanced Energy Industries, Inc. (NASDAQ:AEIS) rating on Thursday, September 17. Needham has “Buy” rating and $34 target. The firm earned “Buy” rating on Thursday, January 5 by Needham.

Aristotle Capital Boston Llc, which manages about $1.48 billion and $1.37 billion US Long portfolio, upped its stake in Providence Svc Corp (NASDAQ:PRSC) by 22,752 shares to 204,274 shares, valued at $12.12M in 2017Q4, according to the filing. It also increased its holding in Benchmark Electrs Inc (NYSE:BHE) by 22,389 shares in the quarter, for a total of 200,885 shares, and has risen its stake in Chefs Whse Inc (NASDAQ:CHEF).

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

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