Krilogy Financial LLC purchased a new stake in MKS Instruments, Inc. (NASDAQ:MKSI) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 1,525 shares of the scientific and technical instruments company’s stock, valued at approximately $144,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in MKS Instruments by 3.5% in the second quarter. Vanguard Group Inc. now owns 4,872,574 shares of the scientific and technical instruments company’s stock valued at $327,924,000 after acquiring an additional 163,192 shares in the last quarter. State Street Corp boosted its holdings in MKS Instruments by 4.9% in the second quarter. State Street Corp now owns 1,350,159 shares of the scientific and technical instruments company’s stock valued at $90,865,000 after acquiring an additional 63,140 shares in the last quarter. Allianz Asset Management GmbH boosted its holdings in MKS Instruments by 121.5% in the third quarter. Allianz Asset Management GmbH now owns 869,399 shares of the scientific and technical instruments company’s stock valued at $82,115,000 after acquiring an additional 476,810 shares in the last quarter. Northern Trust Corp boosted its holdings in MKS Instruments by 4.6% in the second quarter. Northern Trust Corp now owns 742,249 shares of the scientific and technical instruments company’s stock valued at $49,954,000 after acquiring an additional 32,701 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in MKS Instruments by 34.6% in the third quarter. Principal Financial Group Inc. now owns 569,835 shares of the scientific and technical instruments company’s stock valued at $53,822,000 after acquiring an additional 146,476 shares in the last quarter. Institutional investors and hedge funds own 95.54% of the company’s stock.

Shares of MKS Instruments, Inc. (NASDAQ:MKSI) opened at $93.30 on Tuesday. MKS Instruments, Inc. has a fifty-two week low of $58.50 and a fifty-two week high of $110.60. The company has a market cap of $5,110.00, a price-to-earnings ratio of 17.81, a PEG ratio of 1.02 and a beta of 1.04. The company has a current ratio of 4.23, a quick ratio of 3.10 and a debt-to-equity ratio of 0.29.

MKS Instruments (NASDAQ:MKSI) last announced its earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 EPS for the quarter, beating the Zacks’ 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 analysts’ expectations of $476.24 million. During the same quarter in the previous year, the business posted $0.88 EPS. The company’s quarterly revenue was up 27.7% on a year-over-year basis. sell-side analysts forecast that MKS Instruments, Inc. will post 5.89 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Monday, November 27th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date was Friday, November 24th. This is a boost from MKS Instruments’s previous quarterly dividend of $0.18. MKS Instruments’s payout ratio is 12.88%.

MKSI has been the topic of several recent analyst reports. Deutsche Bank lifted their price target 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. Stifel Nicolaus reiterated a “buy” rating and issued a $108.00 price target (up previously from $98.00) on shares of MKS Instruments in a report on Tuesday, October 24th. Dougherty & Co lifted their price target 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. KeyCorp reiterated an “outperform” rating and issued a $100.00 price target on shares of MKS Instruments in a report on Saturday, September 16th. Finally, BidaskClub cut shares of MKS Instruments from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 2nd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. MKS Instruments currently has a consensus rating of “Buy” and a consensus target price of $109.75.

In other news, CFO Seth H. Bagshaw sold 7,500 shares of MKS Instruments stock in a transaction dated Wednesday, September 13th. The stock was 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 legal filing with the SEC, which is available through the SEC website. Also, Director Elizabeth Mora sold 300 shares of MKS Instruments stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $94.10, for a total value of $28,230.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,113 shares of company stock worth $1,125,840. Company insiders own 1.65% of the company’s stock.

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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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