Paradigm Capital Management Inc. NY bought a new stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 16,500 shares of the scientific and technical instruments company’s stock, valued at approximately $1,558,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. LS Investment Advisors LLC increased its stake in MKS Instruments by 0.5% during the 2nd quarter. LS Investment Advisors LLC now owns 4,236 shares of the scientific and technical instruments company’s stock valued at $285,000 after buying an additional 19 shares during the period. Teacher Retirement System of Texas increased its stake in MKS Instruments by 0.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 4,273 shares of the scientific and technical instruments company’s stock valued at $288,000 after buying an additional 21 shares during the period. World Asset Management Inc increased its stake in MKS Instruments by 2.8% during the 2nd quarter. World Asset Management Inc now owns 3,538 shares of the scientific and technical instruments company’s stock valued at $238,000 after buying an additional 95 shares during the period. Louisiana State Employees Retirement System increased its stake in MKS Instruments by 0.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 22,000 shares of the scientific and technical instruments company’s stock valued at $1,481,000 after buying an additional 100 shares during the period. Finally, Arizona State Retirement System increased its stake in MKS Instruments by 0.4% during the 2nd quarter. Arizona State Retirement System now owns 28,176 shares of the scientific and technical instruments company’s stock valued at $1,896,000 after buying an additional 100 shares during the period. 97.24% of the stock is currently owned by hedge funds and other institutional investors.

Shares of MKS Instruments, Inc. (NASDAQ:MKSI) traded down $0.05 on Monday, hitting $104.15. 455,000 shares of the stock traded hands, compared to its average volume of 472,953. The firm has a market cap of $5,640.00, a PE ratio of 19.69, a P/E/G ratio of 1.13 and a beta of 1.11. The company has a debt-to-equity ratio of 0.29, a current ratio of 4.23 and a quick ratio of 3.10. MKS Instruments, Inc. has a 12 month low of $49.95 and a 12 month high of $110.60.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings data on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.46 by $0.10. The company had revenue of $486.27 million for the quarter, compared to analysts’ expectations of $476.24 million. MKS Instruments had a net margin of 15.63% and a return on equity of 20.75%. The business’s revenue was up 27.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.88 EPS. equities research analysts forecast that MKS Instruments, Inc. will post 5.89 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Monday, November 27th will be paid a $0.18 dividend. The ex-dividend date is Friday, November 24th. This represents a $0.72 annualized dividend and a dividend yield of 0.69%. This is a boost from MKS Instruments’s previous quarterly dividend of $0.18. MKS Instruments’s payout ratio is currently 12.52%.

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In other news, 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 value of $215,800.00. Following the transaction, the vice president now owns 13,785 shares of the company’s stock, valued at approximately $1,487,401.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Seth H. Bagshaw sold 7,500 shares of MKS Instruments stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $85.80, for a total transaction of $643,500.00. Following the completion of the transaction, the chief financial officer now directly owns 21,615 shares in the company, valued at approximately $1,854,567. The disclosure for this sale can be found here. Insiders sold a total of 10,100 shares of company stock worth $909,085 in the last ninety days. Corporate insiders own 1.65% of the company’s stock.

MKSI has been the topic of several research analyst reports. 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 research note on Thursday, October 26th. BidaskClub cut shares of MKS Instruments from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 5th. 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 research note on Thursday, October 26th. Stifel Nicolaus reissued a “buy” rating on shares of MKS Instruments in a research note on Sunday, October 1st. Finally, KeyCorp reissued an “outperform” rating and set a $100.00 target price on shares of MKS Instruments in a research note on Saturday, September 16th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $109.75.

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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