Grupo Financiero Santander México, S.A.B. de C.V. (BSMX) Forms $7.38 Double Bottom; Earnest Partners Trimmed Its Adv Energy Inds (AEIS) Holding

March 13, 2018 - By John Hoffman

Earnest Partners Llc decreased Adv Energy Inds (AEIS) stake by 3.07% reported in 2017Q3 SEC filing. Earnest Partners Llc sold 56,461 shares as Adv Energy Inds (AEIS)’s stock rose 23.75%. The Earnest Partners Llc holds 1.78 million shares with $143.96 million value, down from 1.84M last quarter. Adv Energy Inds now has $2.82B valuation. The stock decreased 0.88% or $0.63 during the last trading session, reaching $71.03. About 248,694 shares traded. Advanced Energy Industries, Inc. (NASDAQ:AEIS) has risen 125.79% since March 13, 2017 and is uptrending. It has outperformed by 109.09% the S&P500.

Grupo Financiero Santander México, S.A.B. de C.V. (BSMX) formed double bottom with $6.94 target or 6.00% below today’s $7.38 share price. Grupo Financiero Santander México, S.A.B. de C.V. (BSMX) has $50.02 billion valuation. It closed at $7.38 lastly. It is down 7.22% since March 13, 2017 and is uptrending. It has underperformed by 9.48% the S&P500.

Among 7 analysts covering Banco Santander Mexico (NYSE:BSMX), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Banco Santander Mexico has $10.0 highest and $7.50 lowest target. $8.53’s average target is 15.58% above currents $7.38 stock price. Banco Santander Mexico had 11 analyst reports since July 21, 2015 according to SRatingsIntel. Goldman Sachs downgraded the stock to “Sell” rating in Friday, September 23 report. The stock has “Neutral” rating by Bank of America on Monday, January 11. On Wednesday, November 1 the stock rating was downgraded by JP Morgan to “Neutral”. JP Morgan downgraded Grupo Financiero Santander México, S.A.B. de C.V. (NYSE:BSMX) on Thursday, August 4 to “Neutral” rating. The company was upgraded on Monday, October 26 by Citigroup. The firm has “Outperform” rating given on Tuesday, October 13 by Credit Suisse. JP Morgan upgraded the stock to “Overweight” rating in Friday, October 30 report. The company was upgraded on Friday, May 5 by JP Morgan. Goldman Sachs upgraded Grupo Financiero Santander México, S.A.B. de C.V. (NYSE:BSMX) on Tuesday, July 21 to “Neutral” rating. The stock of Grupo Financiero Santander México, S.A.B. de C.V. (NYSE:BSMX) has “Neutral” rating given on Wednesday, September 7 by UBS.

Analysts await Grupo Financiero Santander México, S.A.B. de C.V. (NYSE:BSMX) to report earnings on April, 27. They expect $0.17 EPS, up 6.25% or $0.01 from last year’s $0.16 per share. BSMX’s profit will be $1.15 billion for 10.85 P/E if the $0.17 EPS becomes a reality. After $0.18 actual EPS reported by Grupo Financiero Santander México, S.A.B. de C.V. for the previous quarter, Wall Street now forecasts -5.56% negative EPS growth.

Analysts await Advanced Energy Industries, Inc. (NASDAQ:AEIS) to report earnings on May, 7. They expect $1.21 EPS, up 37.50% or $0.33 from last year’s $0.88 per share. AEIS’s profit will be $47.95 million for 14.68 P/E if the $1.21 EPS becomes a reality. After $1.23 actual EPS reported by Advanced Energy Industries, Inc. for the previous quarter, Wall Street now forecasts -1.63% negative EPS growth.

Investors sentiment increased to 1.19 in Q3 2017. Its up 0.12, from 1.07 in 2017Q2. It increased, as 27 investors sold AEIS shares while 101 reduced holdings. 50 funds opened positions while 87 raised stakes. 35.94 million shares or 2.01% less from 36.68 million shares in 2017Q2 were reported. Guggenheim Capital Limited Liability invested in 45,214 shares or 0.01% of the stock. The Virginia-based Thompson Davis And Company Inc has invested 0.11% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Moreover, Investec Asset Mgmt Limited has 0.01% invested in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Barclays Public Ltd Company reported 44,853 shares stake. Cortina Asset Ltd Limited Liability Company has invested 0.77% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Hsbc Holdings Public Limited Co has 6,452 shares for 0% of their portfolio. Los Angeles Management And Equity holds 36,788 shares. The Iowa-based Principal Group Inc Incorporated has invested 0.05% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). 1,630 were reported by Hanseatic Mngmt Services Inc. M&T Financial Bank, a New York-based fund reported 3,000 shares. Robotti Robert holds 0.12% of its portfolio in Advanced Energy Industries, Inc. (NASDAQ:AEIS) for 5,325 shares. Axa holds 0% or 5,400 shares in its portfolio. Northcoast Asset Mgmt Ltd Liability Corporation has invested 0.35% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Bank & Trust Of Montreal Can stated it has 191,995 shares. The United Kingdom-based Gsa Prtn Llp has invested 0.09% in Advanced Energy Industries, Inc. (NASDAQ:AEIS).

Since September 20, 2017, it had 0 insider buys, and 4 insider sales for $4.52 million activity. Shares for $881,857 were sold by WASSERMAN YUVAL. On Friday, December 8 BEARD GRANT H sold $718,585 worth of Advanced Energy Industries, Inc. (NASDAQ:AEIS) or 10,000 shares.