Cwm LLC Has $581,000 Stake in MKS Instruments, Inc. (NASDAQ:MKSI)

Cwm LLC boosted its holdings in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 470.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,348 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,411 shares during the period. Cwm LLC’s holdings in MKS Instruments were worth $581,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of MKS Instruments by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 6,892,941 shares of the scientific and technical instruments company’s stock worth $709,077,000 after acquiring an additional 39,045 shares in the last quarter. Nordea Investment Management AB raised its position in MKS Instruments by 143.1% during the first quarter. Nordea Investment Management AB now owns 2,141,676 shares of the scientific and technical instruments company’s stock worth $282,102,000 after acquiring an additional 1,260,792 shares in the last quarter. Westfield Capital Management Co. LP grew its position in shares of MKS Instruments by 5.1% in the 1st quarter. Westfield Capital Management Co. LP now owns 620,063 shares of the scientific and technical instruments company’s stock valued at $82,468,000 after acquiring an additional 30,348 shares during the period. Ceredex Value Advisors LLC lifted its stake in MKS Instruments by 41.2% in the 2nd quarter. Ceredex Value Advisors LLC now owns 432,858 shares of the scientific and technical instruments company’s stock valued at $56,523,000 after purchasing an additional 126,200 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of MKS Instruments by 14.0% in the second quarter. The Manufacturers Life Insurance Company now owns 418,894 shares of the scientific and technical instruments company’s stock valued at $54,699,000 after buying an additional 51,540 shares during the last quarter. 99.79% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other MKS Instruments news, Director Jacqueline F. Moloney sold 250 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $108.90, for a total transaction of $27,225.00. Following the completion of the sale, the director now directly owns 10,283 shares of the company’s stock, valued at approximately $1,119,818.70. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, EVP John Edward Williams sold 1,800 shares of the firm’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $118.71, for a total transaction of $213,678.00. Following the sale, the executive vice president now owns 13 shares in the company, valued at approximately $1,543.23. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jacqueline F. Moloney sold 250 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $108.90, for a total value of $27,225.00. Following the completion of the sale, the director now directly owns 10,283 shares in the company, valued at approximately $1,119,818.70. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,575 shares of company stock worth $303,660 in the last three months. Corporate insiders own 0.46% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on MKSI shares. Benchmark restated a “buy” rating and set a $142.00 price objective on shares of MKS Instruments in a research note on Thursday, August 8th. KeyCorp raised their price objective on MKS Instruments from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Friday, July 12th. Wells Fargo & Company dropped their target price on shares of MKS Instruments from $120.00 to $110.00 and set an “equal weight” rating on the stock in a report on Thursday, October 3rd. Bank of America started coverage on shares of MKS Instruments in a research note on Wednesday, July 10th. They set a “buy” rating and a $160.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on MKS Instruments from $140.00 to $120.00 and set a “hold” rating on the stock in a research note on Friday, August 9th. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $141.09.

MKS Instruments Stock Up 0.2 %

MKS Instruments stock opened at $102.70 on Friday. The stock has a market cap of $6.89 billion, a PE ratio of -3.85, a price-to-earnings-growth ratio of 0.76 and a beta of 1.63. The company has a debt-to-equity ratio of 2.16, a quick ratio of 2.31 and a current ratio of 3.58. The stock has a fifty day moving average of $111.01 and a 200 day moving average of $120.97. MKS Instruments, Inc. has a one year low of $63.44 and a one year high of $147.40.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings data on Wednesday, August 7th. The scientific and technical instruments company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.02 by $0.51. MKS Instruments had a net margin of 0.25% and a return on equity of 14.91%. The firm had revenue of $887.00 million for the quarter, compared to the consensus estimate of $866.38 million. During the same period last year, the firm earned $1.32 EPS. The company’s revenue was down 11.6% on a year-over-year basis. As a group, sell-side analysts predict that MKS Instruments, Inc. will post 5.6 EPS for the current year.

MKS Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Monday, August 26th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date was Monday, August 26th. MKS Instruments’s dividend payout ratio (DPR) is presently -3.30%.

MKS Instruments Profile

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.