GSA Capital Partners LLP bought a new position in MKS Instruments, Inc. (NASDAQ:MKSI) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 2,598 shares of the scientific and technical instruments company’s stock, valued at approximately $284,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dupont Capital Management Corp lifted its position in shares of MKS Instruments by 167.2% in the 2nd quarter. Dupont Capital Management Corp now owns 4,331 shares of the scientific and technical instruments company’s stock worth $490,000 after purchasing an additional 2,710 shares during the period. FMR LLC lifted its holdings in MKS Instruments by 13.9% during the second quarter. FMR LLC now owns 884,937 shares of the scientific and technical instruments company’s stock worth $100,210,000 after buying an additional 108,158 shares during the period. Pacer Advisors Inc. boosted its position in MKS Instruments by 10,375.8% during the 3rd quarter. Pacer Advisors Inc. now owns 13,409 shares of the scientific and technical instruments company’s stock valued at $1,465,000 after acquiring an additional 13,281 shares in the last quarter. ProShare Advisors LLC increased its holdings in shares of MKS Instruments by 78.3% in the 2nd quarter. ProShare Advisors LLC now owns 22,297 shares of the scientific and technical instruments company’s stock valued at $2,525,000 after acquiring an additional 9,790 shares during the period. Finally, Swiss National Bank raised its position in shares of MKS Instruments by 15.1% in the 2nd quarter. Swiss National Bank now owns 121,700 shares of the scientific and technical instruments company’s stock worth $13,781,000 after acquiring an additional 16,000 shares in the last quarter. 94.70% of the stock is currently owned by institutional investors and hedge funds.
Shares of MKSI opened at $132.35 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.23 and a current ratio of 4.58. The stock has a 50-day moving average of $117.92 and a two-hundred day moving average of $113.52. The stock has a market cap of $7.30 billion, a P/E ratio of 26.42 and a beta of 1.51. MKS Instruments, Inc. has a one year low of $66.87 and a one year high of $135.19.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Monday, November 23rd will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.60%. The ex-dividend date is Friday, November 20th. MKS Instruments’s dividend payout ratio (DPR) is currently 17.70%.
MKSI has been the subject of a number of recent research reports. BidaskClub upgraded shares of MKS Instruments from a “sell” rating to a “hold” rating in a report on Thursday, October 29th. Benchmark boosted their price objective on shares of MKS Instruments from $146.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, October 29th. Deutsche Bank Aktiengesellschaft raised their target price on shares of MKS Instruments from $130.00 to $145.00 in a research note on Friday, July 31st. KeyCorp upped their price target on MKS Instruments from $122.00 to $152.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, Berenberg Bank initiated coverage on MKS Instruments in a research note on Friday, September 11th. They set a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $141.80.
In related news, Director Elizabeth Mora sold 450 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $120.28, for a total transaction of $54,126.00. Following the completion of the transaction, the director now directly owns 15,501 shares in the company, valued at $1,864,460.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is owned by corporate insiders.
MKS Instruments Profile
MKS Instruments, Inc provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. Its Vacuum & Analysis segment offers pressure and vacuum control solutions, including direct and indirect pressure measurement; materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems, which provide customers with precise control capabilities; power delivery products, such as microwave, power delivery systems, radio frequency matching networks, and metrology products used in providing energy to etching, stripping, and deposition processes; and plasma and reactive gas products.
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