Cetera Advisors LLC Buys New Holdings in MKS Instruments, Inc. (MKSI)

Cetera Advisors LLC bought a new stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,309 shares of the scientific and technical instruments company’s stock, valued at approximately $313,000.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in MKS Instruments by 3.5% during the 2nd quarter. Vanguard Group Inc. now owns 4,872,574 shares of the scientific and technical instruments company’s stock valued at $327,924,000 after buying an additional 163,192 shares in the last quarter. Airain ltd boosted its position in shares of MKS Instruments by 44.8% during the 2nd quarter. Airain ltd now owns 28,032 shares of the scientific and technical instruments company’s stock valued at $1,887,000 after acquiring an additional 8,677 shares during the last quarter. Northern Trust Corp boosted its position in shares of MKS Instruments by 4.6% during the 2nd quarter. Northern Trust Corp now owns 742,249 shares of the scientific and technical instruments company’s stock valued at $49,954,000 after acquiring an additional 32,701 shares during the last quarter. Virginia Retirement Systems ET AL boosted its position in shares of MKS Instruments by 2.0% during the 2nd quarter. Virginia Retirement Systems ET AL now owns 25,700 shares of the scientific and technical instruments company’s stock valued at $1,730,000 after acquiring an additional 500 shares during the last quarter. Finally, Prudential Financial Inc. boosted its position in shares of MKS Instruments by 237.7% during the 3rd quarter. Prudential Financial Inc. now owns 360,782 shares of the scientific and technical instruments company’s stock valued at $34,076,000 after acquiring an additional 253,949 shares during the last quarter. 95.54% of the stock is owned by institutional investors and hedge funds.

A number of analysts have recently issued reports on the company. Dougherty & Co lifted their price target on MKS Instruments from $106.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Deutsche Bank lifted their price target on MKS Instruments from $104.00 to $116.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Stifel Nicolaus reiterated a “buy” rating and set a $108.00 price target (up previously from $98.00) on shares of MKS Instruments in a research report on Tuesday, October 24th. BidaskClub downgraded MKS Instruments from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 2nd. Finally, ValuEngine downgraded MKS Instruments from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $109.75.

In related news, CEO Gerard G. Colella sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $95.26, for a total value of $476,300.00. Following the completion of the sale, the chief executive officer now owns 5,025 shares in the company, valued at approximately $478,681.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Brian Charles Quirk sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $107.90, for a total value of $215,800.00. Following the completion of the sale, the vice president now owns 13,785 shares of the company’s stock, valued at approximately $1,487,401.50. The disclosure for this sale can be found here. Insiders sold a total of 9,613 shares of company stock valued at $958,640 in the last 90 days. 1.65% of the stock is currently owned by corporate insiders.

Shares of MKS Instruments, Inc. (MKSI) opened at $97.20 on Friday. The stock has a market capitalization of $5,084.69, a PE ratio of 17.70, a PEG ratio of 1.01 and a beta of 1.04. The company has a current ratio of 4.23, a quick ratio of 3.10 and a debt-to-equity ratio of 0.29. MKS Instruments, Inc. has a 12-month low of $58.50 and a 12-month high of $110.60.

MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.46 by $0.10. The firm had revenue of $486.27 million during the quarter, compared to the consensus estimate of $476.24 million. MKS Instruments had a return on equity of 21.21% and a net margin of 16.97%. The company’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same quarter last year, the company posted $0.88 EPS. sell-side analysts forecast that MKS Instruments, Inc. will post 5.89 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Monday, November 27th were given a $0.18 dividend. This is an increase from MKS Instruments’s previous quarterly dividend of $0.18. The ex-dividend date was Friday, November 24th. This represents a $0.72 dividend on an annualized basis and a yield of 0.74%. MKS Instruments’s payout ratio is presently 12.90%.

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MKS Instruments Company 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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