Tudor Investment Corp ET AL decreased its holdings in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 13.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,388 shares of the scientific and technical instruments company’s stock after selling 1,956 shares during the quarter. Tudor Investment Corp ET AL’s holdings in MKS Instruments were worth $834,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. LS Investment Advisors LLC increased its stake in MKS Instruments by 0.5% during the second quarter. LS Investment Advisors LLC now owns 4,236 shares of the scientific and technical instruments company’s stock worth $285,000 after acquiring an additional 19 shares during the last quarter. Teacher Retirement System of Texas increased its stake in MKS Instruments by 0.5% during the second quarter. Teacher Retirement System of Texas now owns 4,273 shares of the scientific and technical instruments company’s stock worth $288,000 after acquiring an additional 21 shares during the last quarter. Miles Capital Inc. increased its stake in MKS Instruments by 1.8% during the first quarter. Miles Capital Inc. now owns 3,592 shares of the scientific and technical instruments company’s stock worth $247,000 after acquiring an additional 62 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its stake in MKS Instruments by 0.6% during the first quarter. Municipal Employees Retirement System of Michigan now owns 12,210 shares of the scientific and technical instruments company’s stock worth $839,000 after acquiring an additional 70 shares during the last quarter. Finally, World Asset Management Inc increased its stake in MKS Instruments by 2.8% during the second quarter. World Asset Management Inc now owns 3,538 shares of the scientific and technical instruments company’s stock worth $238,000 after acquiring an additional 95 shares during the last quarter. 95.38% of the stock is owned by institutional investors.

MKS Instruments, Inc. (MKSI) opened at 95.40 on Friday. The stock has a market capitalization of $5.18 billion, a price-to-earnings ratio of 19.82 and a beta of 1.13. The stock’s 50 day moving average price is $86.76 and its 200 day moving average price is $78.66. MKS Instruments, Inc. has a 52-week low of $46.51 and a 52-week high of $96.65.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Tuesday, July 25th. The scientific and technical instruments company reported $1.41 EPS for the quarter, hitting analysts’ consensus estimates of $1.41. The business had revenue of $481.00 million during the quarter, compared to the consensus estimate of $463.86 million. MKS Instruments had a return on equity of 19.47% and a net margin of 15.47%. The business’s revenue for the quarter was up 47.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.72 EPS. On average, analysts forecast that MKS Instruments, Inc. will post $5.44 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Monday, August 28th were issued a dividend of $0.175 per share. The ex-dividend date of this dividend was Thursday, August 24th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.73%. MKS Instruments’s payout ratio is 14.58%.

In related news, VP Brian Charles Quirk sold 2,000 shares of the company’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $79.30, for a total transaction of $158,600.00. Following the completion of the sale, the vice president now directly owns 15,785 shares of the company’s stock, 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, CFO Seth H. Bagshaw sold 7,500 shares of the company’s stock in a transaction 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 sale, the chief financial officer now directly owns 21,615 shares of the company’s stock, valued at $1,854,567. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,100 shares of company stock valued at $935,105. Insiders own 1.65% of the company’s stock.

Several equities research analysts have issued reports on MKSI shares. BidaskClub cut MKS Instruments from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 5th. Stifel Nicolaus restated a “buy” rating and set a $98.00 price target (up from $90.00) on shares of MKS Instruments in a research report on Thursday, July 27th. Deutsche Bank AG began coverage on MKS Instruments in a research report on Wednesday, July 5th. They set a “buy” rating and a $84.00 price target for the company. Finally, KeyCorp restated an “outperform” rating and set a $100.00 price target on shares of MKS Instruments in a research report on Saturday, September 16th. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $88.20.

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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.

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

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