MKS Instruments Inc. (NASDAQ:MKSI) hit a new 52-week high on Friday . The company traded as high as $44.02 and last traded at $43.59, with a volume of 289,678 shares trading hands. The stock had previously closed at $41.63.

A number of brokerages recently weighed in on MKSI. Zacks Investment Research downgraded shares of MKS Instruments from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 13th. Dougherty & Co raised their target price on shares of MKS Instruments from $42.00 to $45.00 and gave the company a “buy” rating in a research note on Monday, May 2nd. Finally, Stifel Nicolaus raised their target price on shares of MKS Instruments from $43.00 to $49.00 and gave the company a “buy” rating in a research note on Thursday, May 12th.

The stock has a 50-day moving average of $40.97 and a 200 day moving average of $36.72. The stock has a market cap of $2.32 billion and a PE ratio of 22.00.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings data on Monday, April 25th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.05. The company had revenue of $184 million for the quarter, compared to the consensus estimate of $177.19 million. The company’s revenue was down 14.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.66 earnings per share. On average, equities analysts forecast that MKS Instruments Inc. will post $2.25 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 10th. Investors of record on Monday, May 30th were issued a $0.17 dividend. The ex-dividend date was Wednesday, May 25th. This represents a $0.68 dividend on an annualized basis and a yield of 1.63%.

In related news, Director Peter Hanley sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, June 10th. The stock was sold at an average price of $41.29, for a total value of $82,580.00. Following the transaction, the director now directly owns 4,492 shares of the company’s stock, valued at approximately $185,474.68. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP John R. Abrams sold 3,498 shares of the business’s stock in a transaction that occurred on Wednesday, June 8th. The stock was sold at an average price of $42.00, for a total value of $146,916.00. Following the completion of the transaction, the vice president now directly owns 4,943 shares in the company, valued at $207,606. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have bought and sold shares of the company. US Bancorp DE boosted its position in MKS Instruments by 2.2% in the fourth quarter. US Bancorp DE now owns 33,253 shares of the company’s stock worth $1,197,000 after buying an additional 705 shares in the last quarter. Advisors Asset Management Inc. boosted its position in MKS Instruments by 152.4% in the fourth quarter. Advisors Asset Management Inc. now owns 38,833 shares of the company’s stock worth $1,398,000 after buying an additional 23,449 shares in the last quarter. Rhumbline Advisers boosted its position in MKS Instruments by 3.4% in the fourth quarter. Rhumbline Advisers now owns 91,618 shares of the company’s stock worth $3,298,000 after buying an additional 3,035 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in MKS Instruments during the fourth quarter worth approximately $3,357,000. Finally, Mutual of America Capital Management LLC boosted its position in MKS Instruments by 14.0% in the fourth quarter. Mutual of America Capital Management LLC now owns 93,237 shares of the company’s stock worth $3,357,000 after buying an additional 11,416 shares in the last quarter.

MKS Instruments, Inc (MKS) is a provider of instruments, subsystems and process control solutions that measures, controls, powers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates in four segments: Advanced Manufacturing Capital Equipment; Analytical Solutions Group; Europe Region Sales & Service, and Asia Region Sales & Service.

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