Catalyst Capital Advisors LLC lessened its stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 27.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,110 shares of the scientific and technical instruments company’s stock after selling 3,390 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in MKS Instruments were worth $861,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of MKSI. FMR LLC increased its stake in shares of 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 valued at $1,519,000 after acquiring an additional 200 shares during the period. Creative Planning increased its stake in shares of 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 valued at $151,000 after acquiring an additional 416 shares during the period. LS Investment Advisors LLC increased its stake in shares of 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 valued at $285,000 after acquiring an additional 19 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of MKS Instruments by 7.4% during the second quarter. Nisa Investment Advisors LLC now owns 20,490 shares of the scientific and technical instruments company’s stock valued at $1,401,000 after acquiring an additional 1,420 shares during the period. Finally, Aperio Group LLC increased its stake in shares of MKS Instruments by 17.9% during the second quarter. Aperio Group LLC now owns 16,641 shares of the scientific and technical instruments company’s stock valued at $1,120,000 after acquiring an additional 2,528 shares during the period. Institutional investors and hedge funds own 95.11% of the company’s stock.

Shares of MKS Instruments, Inc. (NASDAQ MKSI) traded up $2.00 during trading hours on Tuesday, reaching $105.50. 605,000 shares of the company were exchanged, compared to its average volume of 472,407. The company has a market capitalization of $5,620.00, a PE ratio of 19.57, a price-to-earnings-growth ratio of 1.12 and a beta of 1.11. MKS Instruments, Inc. has a 1 year low of $53.51 and a 1 year high of $110.60. 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 (NASDAQ:MKSI) last issued its earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share for the quarter, topping the Zacks’ consensus estimate 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 firm’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period last year, the firm posted $0.88 earnings per share. research analysts predict that MKS Instruments, Inc. will post 5.89 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Monday, November 27th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 0.68%. This is a boost from MKS Instruments’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Friday, November 24th. MKS Instruments’s dividend payout ratio (DPR) is presently 12.52%.

A number of research firms recently commented on MKSI. Dougherty & Co raised their price objective on shares of MKS Instruments from $106.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Deutsche Bank AG raised their target price on shares of MKS Instruments from $104.00 to $116.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. Stifel Nicolaus restated a “buy” rating and set a $108.00 target price (up from $98.00) on shares of MKS Instruments in a report on Tuesday, October 24th. KeyCorp restated an “outperform” rating and set a $100.00 target price on shares of MKS Instruments in a report on Saturday, September 16th. Finally, BidaskClub upgraded shares of MKS Instruments from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 17th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $109.75.

In related news, CFO Seth H. Bagshaw sold 7,500 shares of the firm’s 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 of the company’s stock, valued at approximately $1,854,567. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Brian Charles Quirk sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $107.90, for a total transaction of $215,800.00. Following the completion of the transaction, the vice president now directly owns 13,785 shares of the company’s stock, valued at approximately $1,487,401.50. The disclosure for this sale can be found here. Insiders have sold 12,213 shares of company stock valued at $1,128,879 over the last 90 days. 1.65% of the stock is currently owned by insiders.

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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.

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

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