Yousif Capital Management LLC cut its holdings in shares of MKS Instruments, Inc. (NASDAQ:MKSI – Free Report) by 3.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 24,194 shares of the scientific and technical instruments company’s stock after selling 950 shares during the period. Yousif Capital Management LLC’s holdings in MKS Instruments were worth $2,526,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in MKSI. UMB Bank n.a. increased its position in MKS Instruments by 53.7% during the 3rd quarter. UMB Bank n.a. now owns 349 shares of the scientific and technical instruments company’s stock valued at $38,000 after buying an additional 122 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of MKS Instruments by 58.0% during the fourth quarter. Versant Capital Management Inc now owns 433 shares of the scientific and technical instruments company’s stock valued at $45,000 after acquiring an additional 159 shares in the last quarter. Blue Trust Inc. raised its position in shares of MKS Instruments by 424.1% in the 4th quarter. Blue Trust Inc. now owns 414 shares of the scientific and technical instruments company’s stock valued at $45,000 after purchasing an additional 335 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in MKS Instruments in the 3rd quarter worth approximately $50,000. Finally, Capital Performance Advisors LLP purchased a new stake in MKS Instruments during the 3rd quarter worth approximately $57,000. Hedge funds and other institutional investors own 99.79% of the company’s stock.
MKS Instruments Stock Performance
Shares of NASDAQ MKSI opened at $109.38 on Monday. MKS Instruments, Inc. has a 1 year low of $97.54 and a 1 year high of $147.40. The company has a debt-to-equity ratio of 1.98, a quick ratio of 2.21 and a current ratio of 3.42. The company’s fifty day moving average price is $111.52 and its 200 day moving average price is $110.69. The company has a market capitalization of $7.36 billion, a PE ratio of 243.07, a price-to-earnings-growth ratio of 0.55 and a beta of 1.66.
Insider Activity
Analyst Ratings Changes
MKSI has been the subject of a number of research analyst reports. Citigroup raised shares of MKS Instruments from a “neutral” rating to a “buy” rating and set a $130.00 price target for the company in a report on Monday, January 6th. Benchmark reaffirmed a “buy” rating and set a $142.00 price target on shares of MKS Instruments in a research report on Monday, November 18th. JPMorgan Chase & Co. assumed coverage on MKS Instruments in a report on Friday, December 13th. They issued an “overweight” rating and a $145.00 price objective on the stock. The Goldman Sachs Group decreased their target price on MKS Instruments from $143.00 to $128.00 and set a “neutral” rating for the company in a report on Friday, January 10th. Finally, Morgan Stanley cut their price target on shares of MKS Instruments from $155.00 to $150.00 and set an “overweight” rating on the stock in a report on Monday, December 16th. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, MKS Instruments has a consensus rating of “Moderate Buy” and a consensus price target of $141.75.
Read Our Latest Stock Analysis on MKS Instruments
About MKS Instruments
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.
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