MKS Instruments, Inc. (NASDAQ:MKSI) Director Peter Hanley sold 350 shares of the firm’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $115.10, for a total value of $40,285.00. Following the sale, the director now directly owns 2,422 shares of the company’s stock, valued at approximately $278,772.20. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Peter Hanley also recently made the following trade(s):
- On Wednesday, February 14th, Peter Hanley sold 100 shares of MKS Instruments stock. The stock was sold at an average price of $107.06, for a total value of $10,706.00.
- On Tuesday, December 5th, Peter Hanley sold 200 shares of MKS Instruments stock. The stock was sold at an average price of $92.58, for a total value of $18,516.00.
Shares of MKS Instruments, Inc. (MKSI) traded down $0.60 during midday trading on Friday, hitting $111.60. The company had a trading volume of 611,600 shares, compared to its average volume of 590,952. The company has a quick ratio of 3.06, a current ratio of 4.21 and a debt-to-equity ratio of 0.25. MKS Instruments, Inc. has a 52 week low of $64.45 and a 52 week high of $116.55. The company has a market capitalization of $6,091.85, a PE ratio of 18.86, a P/E/G ratio of 1.11 and a beta of 1.04.
MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings results on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 EPS for the quarter, topping the Zacks’ consensus estimate of $1.63 by $0.08. MKS Instruments had a return on equity of 22.51% and a net margin of 17.70%. The company had revenue of $512.00 million for the quarter, compared to analysts’ expectations of $500.22 million. During the same quarter last year, the business earned $1.05 earnings per share. MKS Instruments’s revenue was up 26.4% on a year-over-year basis. research analysts anticipate that MKS Instruments, Inc. will post 7.6 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Monday, February 26th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date is Friday, February 23rd. MKS Instruments’s payout ratio is currently 11.69%.
Institutional investors have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. grew its position in MKS Instruments by 311.2% in the fourth quarter. Meeder Asset Management Inc. now owns 1,065 shares of the scientific and technical instruments company’s stock valued at $101,000 after acquiring an additional 806 shares during the last quarter. Krilogy Financial LLC bought a new position in MKS Instruments in the third quarter valued at about $144,000. Bridgeworth LLC bought a new position in MKS Instruments in the third quarter valued at about $203,000. Greenwood Capital Associates LLC bought a new position in MKS Instruments in the third quarter valued at about $204,000. Finally, Advisor Partners LLC bought a new position in MKS Instruments in the fourth quarter valued at about $206,000. Hedge funds and other institutional investors own 93.92% of the company’s stock.
A number of equities research analysts have recently weighed in on the company. Zacks Investment Research raised MKS Instruments from a “hold” rating to a “strong-buy” rating and set a $119.00 target price for the company in a report on Tuesday, February 6th. Dougherty & Co reissued a “buy” rating on shares of MKS Instruments in a report on Sunday, February 4th. KeyCorp reissued a “buy” rating on shares of MKS Instruments in a report on Friday, February 2nd. ValuEngine raised MKS Instruments from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Stifel Nicolaus reissued a “buy” rating and set a $133.00 target price on shares of MKS Instruments in a report on Thursday, February 1st. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $116.60.
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About MKS Instruments
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.
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