MKS Instruments, Inc. (NASDAQ:MKSI) Stake Decreased by Systematic Financial Management LP

Systematic Financial Management LP lessened its position in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 6.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 191,671 shares of the scientific and technical instruments company’s stock after selling 13,072 shares during the quarter. Systematic Financial Management LP owned approximately 0.35% of MKS Instruments worth $18,103,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. FMR LLC lifted its stake in shares of MKS Instruments by 0.9% in the first quarter. FMR LLC now owns 22,093 shares of the scientific and technical instruments company’s stock worth $1,519,000 after buying an additional 200 shares in the last quarter. Creative Planning lifted its stake in shares of MKS Instruments by 22.8% in the second quarter. Creative Planning now owns 2,239 shares of the scientific and technical instruments company’s stock worth $151,000 after buying an additional 416 shares in the last quarter. LS Investment Advisors LLC lifted its stake in shares of MKS Instruments by 0.5% in the second quarter. LS Investment Advisors LLC now owns 4,236 shares of the scientific and technical instruments company’s stock worth $285,000 after buying an additional 19 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of MKS Instruments by 7.4% in the second quarter. Nisa Investment Advisors LLC now owns 20,490 shares of the scientific and technical instruments company’s stock worth $1,401,000 after buying an additional 1,420 shares in the last quarter. Finally, Aperio Group LLC lifted its stake in shares of MKS Instruments by 17.9% in the second quarter. Aperio Group LLC now owns 16,641 shares of the scientific and technical instruments company’s stock worth $1,120,000 after buying an additional 2,528 shares in the last quarter. 95.54% of the stock is currently owned by institutional investors and hedge funds.

In related news, CFO Seth H. Bagshaw sold 7,500 shares of MKS Instruments stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $85.80, for a total value of $643,500.00. Following the completion of the transaction, the chief financial officer now owns 21,615 shares in the company, valued at $1,854,567. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO John Tseng-Chung Lee sold 2,113 shares of MKS Instruments stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $104.02, for a total transaction of $219,794.26. Following the completion of the transaction, the chief operating officer now owns 1 shares of the company’s stock, valued at approximately $104.02. The disclosure for this sale can be found here. Insiders sold 12,113 shares of company stock valued at $1,125,840 in the last 90 days. Company insiders own 1.65% of the company’s stock.

Shares of MKS Instruments, Inc. (MKSI) traded up $3.00 on Thursday, hitting $95.80. 649,045 shares of the company’s stock were exchanged, compared to its average volume of 527,717. The company has a current ratio of 4.23, a quick ratio of 3.10 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $4,943.52, a PE ratio of 17.21, a PEG ratio of 0.99 and a beta of 1.04. MKS Instruments, Inc. has a 1-year low of $58.50 and a 1-year high of $110.60.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings data on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.46 by $0.10. The firm had revenue of $486.27 million during the quarter, compared to analysts’ expectations of $476.24 million. MKS Instruments had a net margin of 16.97% and a return on equity of 21.21%. The business’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.88 earnings per share. equities analysts forecast that MKS Instruments, Inc. will post 5.89 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Monday, November 27th will be issued a $0.18 dividend. The ex-dividend date is Friday, November 24th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.75%. This is a boost from MKS Instruments’s previous quarterly dividend of $0.18. MKS Instruments’s payout ratio is 12.90%.

Several research firms have recently weighed in on MKSI. Dougherty & Co raised their price target on shares of MKS Instruments from $106.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Deutsche Bank lifted their target price on shares of MKS Instruments from $104.00 to $116.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Stifel Nicolaus reaffirmed a “buy” rating and set a $108.00 target price (up from $98.00) on shares of MKS Instruments in a research note on Tuesday, October 24th. BidaskClub downgraded shares of MKS Instruments from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 2nd. Finally, ValuEngine downgraded shares of MKS Instruments from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $109.75.

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MKS Instruments Company Profile

MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.

Institutional Ownership by Quarter for MKS Instruments (NASDAQ:MKSI)

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