Value Holdings Management CO. LLC boosted its stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 27.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 338,314 shares of the scientific and technical instruments company’s stock after buying an additional 71,956 shares during the period. MKS Instruments makes up 9.7% of Value Holdings Management CO. LLC’s portfolio, making the stock its largest position. Value Holdings Management CO. LLC owned approximately 0.63% of MKS Instruments worth $22,768,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of MKS Instruments by 47.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,201 shares of the scientific and technical instruments company’s stock valued at $151,000 after buying an additional 712 shares in the last quarter. Creative Planning increased its stake in shares of MKS Instruments by 22.8% in the second quarter. Creative Planning now owns 2,239 shares of the scientific and technical instruments company’s stock valued at $151,000 after buying an additional 416 shares in the last quarter. Suntrust Banks Inc. bought a new stake in shares of MKS Instruments during the first quarter valued at approximately $209,000. Piedmont Investment Advisors LLC bought a new stake in shares of MKS Instruments during the first quarter valued at approximately $221,000. Finally, Intrust Bank NA bought a new stake in shares of MKS Instruments during the first quarter valued at approximately $228,000. Institutional investors and hedge funds own 98.22% of the company’s stock.

Shares of MKS Instruments, Inc. (NASDAQ MKSI) traded up 0.82% during midday trading on Monday, hitting $80.10. The stock had a trading volume of 55,503 shares. The firm has a market capitalization of $4.33 billion, a PE ratio of 28.66 and a beta of 1.03. MKS Instruments, Inc. has a one year low of $44.82 and a one year high of $88.40. The firm’s 50-day moving average price is $75.95 and its 200-day moving average price is $71.24.

MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings results on Wednesday, April 26th. The scientific and technical instruments company reported $1.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.19. MKS Instruments had a return on equity of 17.29% and a net margin of 9.83%. The business had revenue of $437.20 million for the quarter, compared to analyst estimates of $413.26 million. During the same period last year, the company earned $0.38 EPS. The firm’s revenue was up 138.0% on a year-over-year basis. On average, equities analysts predict that MKS Instruments, Inc. will post $4.97 EPS for the current year.

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Several equities research analysts have recently commented on MKSI shares. BidaskClub downgraded MKS Instruments from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 17th. ValuEngine raised MKS Instruments from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Dougherty & Co reaffirmed a “buy” rating and set a $100.00 target price (up from $86.00) on shares of MKS Instruments in a report on Friday, April 28th. Deutsche Bank AG started coverage on MKS Instruments in a report on Wednesday, July 5th. They set a “buy” rating and a $84.00 target price for the company. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $81.00 target price (up from $71.00) on shares of MKS Instruments in a report on Friday, April 28th. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $80.60.

In other news, CEO Gerard G. Colella sold 2,500 shares of the firm’s stock in a transaction on Friday, May 19th. The stock was sold at an average price of $79.30, for a total value of $198,250.00. Following the transaction, the chief executive officer now directly owns 5,025 shares in the company, valued at approximately $398,482.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Brian Charles Quirk sold 2,000 shares of the firm’s stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of $80.00, for a total value of $160,000.00. Following the completion of the transaction, the vice president now owns 15,563 shares in the company, valued at $1,245,040. The disclosure for this sale can be found here. Insiders sold a total of 31,810 shares of company stock worth $2,520,987 over the last 90 days. 1.65% of the stock is owned by corporate insiders.

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.

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

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