Public Employees Retirement System of Ohio trimmed its holdings in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 8.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,273 shares of the scientific and technical instruments company’s stock after selling 214 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in MKS Instruments were worth $153,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in MKSI. FMR LLC increased its position in MKS Instruments by 0.9% during the first quarter. FMR LLC now owns 22,093 shares of the scientific and technical instruments company’s stock worth $1,519,000 after acquiring an additional 200 shares during the period. Bank of America Corp DE increased its position in MKS Instruments by 18.0% during the first quarter. Bank of America Corp DE now owns 146,170 shares of the scientific and technical instruments company’s stock worth $10,049,000 after acquiring an additional 22,289 shares during the period. Creative Planning increased its position in MKS Instruments by 22.8% during the second quarter. Creative Planning now owns 2,239 shares of the scientific and technical instruments company’s stock worth $151,000 after acquiring an additional 416 shares during the period. James Investment Research Inc. bought a new position in MKS Instruments during the second quarter worth about $1,236,000. Finally, LS Investment Advisors LLC increased its position in MKS Instruments by 0.5% during 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 acquiring an additional 19 shares during the period. 97.24% of the stock is currently owned by institutional investors and hedge funds.

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In related news, COO John Tseng-Chung Lee sold 2,113 shares of MKS Instruments stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $104.02, for a total transaction of $219,794.26. Following the sale, the chief operating officer now directly owns 1 shares of the company’s stock, valued at approximately $104.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Brian Charles Quirk sold 2,000 shares of MKS Instruments stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $107.90, for a total transaction of $215,800.00. Following the sale, the vice president now directly owns 13,785 shares in the company, valued at $1,487,401.50. The disclosure for this sale can be found here. Insiders have sold a total of 12,213 shares of company stock worth $1,128,879 over the last ninety days. 1.65% of the stock is currently owned by insiders.

MKS Instruments, Inc. (NASDAQ:MKSI) opened at $103.50 on Friday. The company has a quick ratio of 3.10, a current ratio of 4.23 and a debt-to-equity ratio of 0.29. MKS Instruments, Inc. has a 1-year low of $53.51 and a 1-year high of $110.60. The company has a market cap of $5,650.00, a PE ratio of 19.55, a price-to-earnings-growth ratio of 1.12 and a beta of 1.11.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Monday, November 27th will be issued a $0.18 dividend. This is a positive change from MKS Instruments’s previous quarterly dividend of $0.18. This represents a $0.72 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend is Friday, November 24th. MKS Instruments’s dividend payout ratio (DPR) is currently 12.52%.

Several equities analysts have commented on MKSI shares. Dougherty & Co raised their target price on shares of MKS Instruments from $106.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Stifel Nicolaus reissued a “buy” rating on shares of MKS Instruments in a report on Sunday, October 1st. Deutsche Bank AG raised their target price on shares of MKS Instruments from $104.00 to $116.00 and gave the company a “buy” rating in a report on Thursday, October 26th. BidaskClub lowered shares of MKS Instruments from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 5th. Finally, KeyCorp reissued an “outperform” rating and issued a $100.00 target price on shares of MKS Instruments in a report on Saturday, September 16th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $109.75.

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

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