Sit Investment Associates Inc. lifted its holdings in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 1.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,300 shares of the scientific and technical instruments company’s stock after acquiring an additional 700 shares during the quarter. Sit Investment Associates Inc. owned about 0.07% of MKS Instruments worth $3,714,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of MKSI. Schwab Charles Investment Management Inc. lifted its holdings in MKS Instruments by 7.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 347,965 shares of the scientific and technical instruments company’s stock worth $23,419,000 after buying an additional 24,494 shares in the last quarter. Prudential Financial Inc. lifted its holdings in MKS Instruments by 5.9% in the 2nd quarter. Prudential Financial Inc. now owns 106,833 shares of the scientific and technical instruments company’s stock worth $7,190,000 after buying an additional 5,990 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in MKS Instruments by 12.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,482 shares of the scientific and technical instruments company’s stock worth $167,000 after buying an additional 281 shares in the last quarter. Swiss National Bank lifted its holdings in MKS Instruments by 1.2% in the 2nd quarter. Swiss National Bank now owns 89,800 shares of the scientific and technical instruments company’s stock worth $6,044,000 after buying an additional 1,100 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new position in MKS Instruments in the 2nd quarter worth $357,000. Hedge funds and other institutional investors own 95.42% of the company’s stock.

MKSI has been the topic of a number of recent analyst reports. KeyCorp reiterated an “outperform” rating and issued a $100.00 price objective on shares of MKS Instruments in a report on Saturday, September 16th. Stifel Nicolaus reiterated a “buy” rating on shares of MKS Instruments in a report on Sunday, October 1st. Deutsche Bank boosted their price objective 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. Dougherty & Co boosted their price objective on shares of MKS Instruments from $106.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, October 26th. Finally, ValuEngine lowered shares of MKS Instruments from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $109.75.

In other news, Director Elizabeth Mora sold 300 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $94.10, for a total value of $28,230.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Seth H. Bagshaw sold 10,000 shares of the business’s stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $102.07, for a total transaction of $1,020,700.00. Following the completion of the sale, the chief financial officer now directly owns 11,766 shares of the company’s stock, valued at approximately $1,200,955.62. The disclosure for this sale can be found here. Insiders sold a total of 23,252 shares of company stock valued at $2,331,887 in the last three months. Insiders own 1.65% of the company’s stock.

Shares of MKS Instruments, Inc. (MKSI) opened at $96.20 on Friday. The firm has a market cap of $5,223.18, a PE ratio of 18.19, a PEG ratio of 0.95 and a beta of 1.04. MKS Instruments, Inc. has a 1 year low of $60.40 and a 1 year high of $110.60. 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 (NASDAQ:MKSI) last released its earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.46 by $0.10. The company had revenue of $486.27 million during the quarter, compared to the consensus estimate of $476.24 million. MKS Instruments had a net margin of 16.97% and a return on equity of 21.21%. The company’s revenue was up 27.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.88 EPS. equities research analysts forecast that MKS Instruments, Inc. will post 5.89 earnings per share for the current fiscal year.

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MKS Instruments Profile

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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