MKS Instruments, Inc. (MKSI) Holdings Boosted by Phocas Financial Corp.

Phocas Financial Corp. grew its stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 4.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 186,320 shares of the scientific and technical instruments company’s stock after buying an additional 8,314 shares during the period. MKS Instruments makes up 1.1% of Phocas Financial Corp.’s portfolio, making the stock its 24th biggest position. Phocas Financial Corp. owned approximately 0.34% of MKS Instruments worth $12,539,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Airain ltd boosted its holdings in MKS Instruments by 44.8% during the second quarter. Airain ltd now owns 28,032 shares of the scientific and technical instruments company’s stock worth $1,887,000 after buying an additional 8,677 shares during the last quarter. KCG Holdings Inc. boosted its holdings in MKS Instruments by 97.0% during the first quarter. KCG Holdings Inc. now owns 9,866 shares of the scientific and technical instruments company’s stock worth $678,000 after buying an additional 4,859 shares during the last quarter. BlackRock Inc. boosted its holdings in MKS Instruments by 50,850.9% during the first quarter. BlackRock Inc. now owns 6,584,897 shares of the scientific and technical instruments company’s stock worth $452,712,000 after buying an additional 6,571,973 shares during the last quarter. Virginia Retirement Systems ET AL boosted its holdings in MKS Instruments by 2.0% during the second quarter. Virginia Retirement Systems ET AL now owns 25,700 shares of the scientific and technical instruments company’s stock worth $1,730,000 after buying an additional 500 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in MKS Instruments by 11.2% during the second quarter. Legal & General Group Plc now owns 104,905 shares of the scientific and technical instruments company’s stock worth $7,062,000 after buying an additional 10,601 shares during the last quarter. Hedge funds and other institutional investors own 95.38% of the company’s stock.

MKSI has been the topic of a number of recent analyst reports. BidaskClub cut MKS Instruments from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 17th. Deutsche Bank AG initiated coverage on MKS Instruments in a report on Wednesday, July 5th. They set a “buy” rating and a $84.00 target price on the stock. Stifel Nicolaus restated a “buy” rating and set a $98.00 target price (up previously from $90.00) on shares of MKS Instruments in a report on Thursday, July 27th. Finally, KeyCorp restated an “outperform” rating and set a $100.00 target price on shares of MKS Instruments in a report on Saturday, September 16th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $95.50.

In related news, VP Brian Charles Quirk sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $79.30, for a total transaction of $158,600.00. Following the sale, the vice president now owns 15,785 shares in the company, valued at approximately $1,251,750.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Peter Hanley sold 1,000 shares of the company’s stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $83.22, for a total value of $83,220.00. Following the sale, the director now owns 3,372 shares in the company, valued at approximately $280,617.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,100 shares of company stock worth $935,105. 1.65% of the stock is owned by corporate insiders.

MKS Instruments, Inc. (MKSI) traded up 0.97% during trading on Friday, hitting $98.40. The stock had a trading volume of 289,459 shares. MKS Instruments, Inc. has a one year low of $46.51 and a one year high of $98.75. The firm has a market capitalization of $5.34 billion, a P/E ratio of 35.27 and a beta of 1.13. The stock has a 50 day moving average of $89.51 and a 200 day moving average of $79.78.

MKS Instruments (NASDAQ:MKSI) last announced its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $1.41 EPS for the quarter, meeting the consensus estimate of $1.41. MKS Instruments had a return on equity of 19.47% and a net margin of 15.47%. The company had revenue of $481.00 million for the quarter, compared to analyst estimates of $463.86 million. During the same quarter in the prior year, the company earned $0.72 EPS. The firm’s revenue for the quarter was up 47.6% compared to the same quarter last year. Equities research analysts expect that MKS Instruments, Inc. will post $5.47 earnings per share for the current fiscal year.

WARNING: “MKS Instruments, Inc. (MKSI) Holdi

Other institutional investors and hedge funds also recently modified their holdings of the company. Airain ltd boosted its holdings in MKS Instruments by 44.8% during the second quarter. Airain ltd now owns 28,032 shares of the scientific and technical instruments company’s stock worth $1,887,000 after buying an additional 8,677 shares during the last quarter. KCG Holdings Inc. boosted its holdings in MKS Instruments by 97.0% during the first quarter. KCG Holdings Inc. now owns 9,866 shares of the scientific and technical instruments company’s stock worth $678,000 after buying an additional 4,859 shares during the last quarter. BlackRock Inc. boosted its holdings in MKS Instruments by 50,850.9% during the first quarter. BlackRock Inc. now owns 6,584,897 shares of the scientific and technical instruments company’s stock worth $452,712,000 after buying an additional 6,571,973 shares during the last quarter. Virginia Retirement Systems ET AL boosted its holdings in MKS Instruments by 2.0% during the second quarter. Virginia Retirement Systems ET AL now owns 25,700 shares of the scientific and technical instruments company’s stock worth $1,730,000 after buying an additional 500 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in MKS Instruments by 11.2% during the second quarter. Legal & General Group Plc now owns 104,905 shares of the scientific and technical instruments company’s stock worth $7,062,000 after buying an additional 10,601 shares during the last quarter. Hedge funds and other institutional investors own 95.38% of the company’s stock.

MKSI has been the topic of a number of recent analyst reports. BidaskClub cut MKS Instruments from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 17th. Deutsche Bank AG initiated coverage on MKS Instruments in a report on Wednesday, July 5th. They set a “buy” rating and a $84.00 target price on the stock. Stifel Nicolaus restated a “buy” rating and set a $98.00 target price (up previously from $90.00) on shares of MKS Instruments in a report on Thursday, July 27th. Finally, KeyCorp restated an “outperform” rating and set a $100.00 target price on shares of MKS Instruments in a report on Saturday, September 16th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $95.50.

In related news, VP Brian Charles Quirk sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $79.30, for a total transaction of $158,600.00. Following the sale, the vice president now owns 15,785 shares in the company, valued at approximately $1,251,750.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Peter Hanley sold 1,000 shares of the company’s stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $83.22, for a total value of $83,220.00. Following the sale, the director now owns 3,372 shares in the company, valued at approximately $280,617.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,100 shares of company stock worth $935,105. 1.65% of the stock is owned by corporate insiders.

MKS Instruments, Inc. (MKSI) traded up 0.97% during trading on Friday, hitting $98.40. The stock had a trading volume of 289,459 shares. MKS Instruments, Inc. has a one year low of $46.51 and a one year high of $98.75. The firm has a market capitalization of $5.34 billion, a P/E ratio of 35.27 and a beta of 1.13. The stock has a 50 day moving average of $89.51 and a 200 day moving average of $79.78.

MKS Instruments (NASDAQ:MKSI) last announced its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $1.41 EPS for the quarter, meeting the consensus estimate of $1.41. MKS Instruments had a return on equity of 19.47% and a net margin of 15.47%. The company had revenue of $481.00 million for the quarter, compared to analyst estimates of $463.86 million. During the same quarter in the prior year, the company earned $0.72 EPS. The firm’s revenue for the quarter was up 47.6% compared to the same quarter last year. Equities research analysts expect that MKS Instruments, Inc. will post $5.47 earnings per share for the current fiscal year.

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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.

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

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