Banco de Sabadell S.A purchased a new stake in MKS Instruments, Inc. (NASDAQ:MKSI) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 12,788 shares of the scientific and technical instruments company’s stock, valued at approximately $1,208,000.
Other large investors have also recently made changes to their positions in the company. Meeder Asset Management Inc. raised its position in shares of MKS Instruments by 311.2% in the 4th 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 period. Krilogy Financial LLC acquired a new stake in shares of MKS Instruments in the 3rd quarter valued at approximately $144,000. Bridgeworth LLC acquired a new stake in shares of MKS Instruments in the 3rd quarter valued at approximately $203,000. Advisor Partners LLC acquired a new stake in shares of MKS Instruments in the 4th quarter valued at approximately $206,000. Finally, Zeke Capital Advisors LLC acquired a new stake in shares of MKS Instruments in the 4th quarter valued at approximately $220,000. Institutional investors and hedge funds own 93.89% of the company’s stock.
In related news, Director Peter Hanley sold 430 shares of the stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of $123.40, for a total transaction of $53,062.00. Following the completion of the sale, the director now directly owns 1,992 shares of the company’s stock, valued at approximately $245,812.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Elizabeth Mora sold 300 shares of the stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of $111.10, for a total value of $33,330.00. Following the sale, the director now directly owns 15,554 shares of the company’s stock, valued at $1,728,049.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 51,443 shares of company stock valued at $5,587,092. 1.65% of the stock is owned by company insiders.
Shares of MKS Instruments, Inc. (MKSI) opened at $122.25 on Friday. MKS Instruments, Inc. has a 52 week low of $64.75 and a 52 week high of $128.28. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.10 and a current ratio of 4.27. The stock has a market capitalization of $6,751.06, a P/E ratio of 19.85, a P/E/G ratio of 1.18 and a beta of 0.93.
MKS Instruments (NASDAQ:MKSI) last posted its earnings results on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. MKS Instruments had a return on equity of 22.51% and a net margin of 17.70%. The business had revenue of $512.00 million during the quarter, compared to analysts’ expectations of $500.22 million. During the same period in the prior year, the business earned $1.05 EPS. MKS Instruments’s revenue for the quarter was up 26.4% compared to the same quarter last year. analysts anticipate that MKS Instruments, Inc. will post 7.89 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Monday, February 26th were paid a dividend of $0.18 per share. The ex-dividend date was Friday, February 23rd. This represents a $0.72 dividend on an annualized basis and a yield of 0.59%. MKS Instruments’s payout ratio is 11.69%.
A number of analysts recently weighed in on the stock. Deutsche Bank increased their price target on shares of MKS Instruments to $140.00 and gave the company a “buy” rating in a research report on Thursday. BidaskClub downgraded shares of MKS Instruments from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. ValuEngine downgraded shares of MKS Instruments from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Stifel Nicolaus reiterated a “buy” rating and issued a $133.00 price target on shares of MKS Instruments in a research report on Thursday, February 1st. Finally, Dougherty & Co reiterated a “buy” rating on shares of MKS Instruments in a research report on Sunday, February 4th. Five analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. MKS Instruments currently has a consensus rating of “Buy” and an average price target of $121.40.
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MKS Instruments 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.
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