Schwab Charles Investment Management Inc. Boosts Position in MKS Instruments, Inc. (MKSI)

Schwab Charles Investment Management Inc. increased its position in MKS Instruments, Inc. (NASDAQ:MKSI) by 1.8% in the fourth quarter, HoldingsChannel reports. The firm owned 474,986 shares of the scientific and technical instruments company’s stock after purchasing an additional 8,597 shares during the quarter. Schwab Charles Investment Management Inc.’s holdings in MKS Instruments were worth $44,887,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of MKSI. New York State Common Retirement Fund grew its stake in MKS Instruments by 13.0% in the second quarter. New York State Common Retirement Fund now owns 102,677 shares of the scientific and technical instruments company’s stock worth $6,910,000 after purchasing an additional 11,812 shares in the last quarter. California Public Employees Retirement System grew its stake in MKS Instruments by 1.6% in the second quarter. California Public Employees Retirement System now owns 81,000 shares of the scientific and technical instruments company’s stock worth $5,451,000 after purchasing an additional 1,300 shares in the last quarter. Advisor Group Inc. grew its stake in MKS Instruments by 8.5% in the second quarter. Advisor Group Inc. now owns 4,818 shares of the scientific and technical instruments company’s stock worth $325,000 after purchasing an additional 379 shares in the last quarter. Voya Investment Management LLC grew its stake in MKS Instruments by 55.3% in the second quarter. Voya Investment Management LLC now owns 66,204 shares of the scientific and technical instruments company’s stock worth $4,456,000 after purchasing an additional 23,579 shares in the last quarter. Finally, Balyasny Asset Management LLC acquired a new position in MKS Instruments in the second quarter worth about $305,000. Institutional investors and hedge funds own 95.07% of the company’s stock.

A number of research firms recently commented on MKSI. BidaskClub downgraded MKS Instruments from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. ValuEngine downgraded MKS Instruments from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Stifel Nicolaus reiterated 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 a “buy” rating on shares of MKS Instruments in a report on Friday, February 2nd. Finally, Dougherty & Co reissued a “buy” rating on shares of MKS Instruments in a report on Sunday. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $116.60.

MKS Instruments, Inc. (MKSI) opened at $103.50 on Thursday. The company has a quick ratio of 3.06, a current ratio of 4.21 and a debt-to-equity ratio of 0.25. MKS Instruments, Inc. has a twelve month low of $64.45 and a twelve month high of $110.60. The stock has a market cap of $5,820.38, a PE ratio of 18.02, a price-to-earnings-growth ratio of 1.06 and a beta of 1.04.

MKS Instruments (NASDAQ:MKSI) last issued its earnings results on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.63 by $0.08. MKS Instruments had a net margin of 17.70% and a return on equity of 22.51%. The firm had revenue of $512.00 million for the quarter, compared to analysts’ expectations of $500.22 million. During the same quarter last year, the company posted $1.05 earnings per share. MKS Instruments’s revenue was up 26.4% on a year-over-year basis. equities analysts expect that MKS Instruments, Inc. will post 7.6 EPS for the current fiscal year.

In other news, VP Brian Charles Quirk sold 2,000 shares of MKS Instruments stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $105.10, for a total transaction of $210,200.00. Following the sale, the vice president now owns 11,863 shares of the company’s stock, valued at $1,246,801.30. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Elizabeth Mora sold 300 shares of MKS Instruments stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $94.10, for a total value of $28,230.00. The disclosure for this sale can be found here. Insiders sold 33,252 shares of company stock worth $3,289,287 in the last three months. 1.65% of the stock is currently owned by corporate insiders.

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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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