Nordea Investment Management AB Buys 800 Shares of MKS Instruments, Inc. (MKSI)

Nordea Investment Management AB increased its stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 2.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,600 shares of the scientific and technical instruments company’s stock after purchasing an additional 800 shares during the quarter. Nordea Investment Management AB owned approximately 0.06% of MKS Instruments worth $2,985,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. ETRADE Capital Management LLC boosted its stake in MKS Instruments by 10.7% in the 3rd quarter. ETRADE Capital Management LLC now owns 14,916 shares of the scientific and technical instruments company’s stock worth $1,409,000 after buying an additional 1,443 shares during the last quarter. American International Group Inc. boosted its stake in MKS Instruments by 5.8% in the 3rd quarter. American International Group Inc. now owns 42,743 shares of the scientific and technical instruments company’s stock worth $4,037,000 after buying an additional 2,340 shares during the last quarter. Icon Advisers Inc. Co. acquired a new stake in MKS Instruments in the 3rd quarter worth about $1,851,000. Rothschild Asset Management Inc. acquired a new stake in MKS Instruments in the 3rd quarter worth about $24,693,000. Finally, Pacer Advisors Inc. boosted its stake in MKS Instruments by 27.3% in the 3rd quarter. Pacer Advisors Inc. now owns 8,904 shares of the scientific and technical instruments company’s stock worth $841,000 after buying an additional 1,907 shares during the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

A number of analysts have issued reports on the company. BidaskClub raised MKS Instruments from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 17th. ValuEngine lowered MKS Instruments from a “buy” rating to a “hold” rating in a research note on Friday. Stifel Nicolaus reissued a “buy” rating and issued a $108.00 price target (up from $98.00) on shares of MKS Instruments in a research note on Tuesday, October 24th. KeyCorp reissued an “outperform” rating and issued a $100.00 price target on shares of MKS Instruments in a research note on Saturday, September 16th. Finally, Deutsche Bank raised their price target on MKS Instruments from $104.00 to $116.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $109.75.

In other news, COO John Tseng-Chung Lee sold 2,113 shares of MKS Instruments stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $104.02, for a total value of $219,794.26. Following the transaction, the chief operating officer now directly owns 1 shares of the company’s stock, valued at approximately $104.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Brian Charles Quirk sold 2,000 shares of MKS Instruments stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $107.90, for a total value of $215,800.00. Following the completion of the transaction, the vice president now directly owns 13,785 shares in the company, valued at $1,487,401.50. The disclosure for this sale can be found here. Insiders sold a total of 11,913 shares of company stock worth $1,104,039 over the last ninety days. Corporate insiders own 1.65% of the company’s stock.

MKS Instruments, Inc. (MKSI) opened at $93.45 on Monday. The firm has a market capitalization of $5,073.87, a PE ratio of 17.67, a PEG ratio of 1.01 and a beta of 1.05. MKS Instruments, Inc. has a 52 week low of $53.51 and a 52 week high of $110.60. The company has a quick ratio of 3.10, a current ratio of 4.23 and a debt-to-equity ratio of 0.29.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings data on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.10. The business had revenue of $486.27 million for the quarter, compared to analyst estimates 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 was up 27.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.88 EPS. sell-side analysts anticipate that MKS Instruments, Inc. will post 5.89 earnings per share for the current fiscal year.

The company 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. This is a positive change from MKS Instruments’s previous quarterly dividend of $0.18. This represents a $0.72 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Friday, November 24th. MKS Instruments’s payout ratio is currently 12.90%.

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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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