MKS Instruments, Inc. (NASDAQ:MKSI) Position Lifted by Cipher Capital LP

Cipher Capital LP raised its stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 90.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,562 shares of the scientific and technical instruments company’s stock after acquiring an additional 6,429 shares during the period. Cipher Capital LP’s holdings in MKS Instruments were worth $876,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. increased its stake in shares of MKS Instruments by 53.0% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 514 shares of the scientific and technical instruments company’s stock valued at $33,000 after buying an additional 178 shares during the period. Penserra Capital Management LLC increased its stake in shares of MKS Instruments by 89.8% during the fourth quarter. Penserra Capital Management LLC now owns 672 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 318 shares during the period. Dubuque Bank & Trust Co. increased its stake in shares of MKS Instruments by 52.0% during the fourth quarter. Dubuque Bank & Trust Co. now owns 1,043 shares of the scientific and technical instruments company’s stock valued at $67,000 after buying an additional 357 shares during the period. Paradigm Asset Management Co. LLC purchased a new position in shares of MKS Instruments during the third quarter valued at approximately $96,000. Finally, James Investment Research Inc. increased its stake in shares of MKS Instruments by 13.5% during the fourth quarter. James Investment Research Inc. now owns 2,966 shares of the scientific and technical instruments company’s stock valued at $192,000 after buying an additional 353 shares during the period. Institutional investors and hedge funds own 92.51% of the company’s stock.

In other news, Director Elizabeth Mora sold 375 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $83.90, for a total value of $31,462.50. Following the completion of the sale, the director now directly owns 15,037 shares of the company’s stock, valued at approximately $1,261,604.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.24% of the stock is owned by company insiders.

MKSI traded down $2.01 during midday trading on Monday, reaching $97.47. The company had a trading volume of 288,461 shares, compared to its average volume of 647,372. The company has a quick ratio of 4.10, a current ratio of 5.56 and a debt-to-equity ratio of 0.18. MKS Instruments, Inc. has a 1 year low of $56.37 and a 1 year high of $122.77. The stock has a market cap of $5.37 billion, a price-to-earnings ratio of 12.45, a PEG ratio of 1.30 and a beta of 1.35.

MKS Instruments (NASDAQ:MKSI) last released its earnings results on Tuesday, January 29th. The scientific and technical instruments company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.03. The firm had revenue of $460.54 million during the quarter, compared to analysts’ expectations of $440.68 million. MKS Instruments had a return on equity of 23.96% and a net margin of 18.93%. During the same quarter last year, the business posted $1.71 earnings per share. On average, equities analysts anticipate that MKS Instruments, Inc. will post 6.28 earnings per share for the current fiscal year.

Several brokerages recently weighed in on MKSI. Cowen reaffirmed a “buy” rating on shares of MKS Instruments in a research note on Monday, February 4th. Zacks Investment Research raised MKS Instruments from a “sell” rating to a “buy” rating and set a $106.00 price target on the stock in a research note on Tuesday, April 2nd. ValuEngine downgraded MKS Instruments from a “hold” rating to a “sell” rating in a report on Friday, March 1st. BidaskClub raised MKS Instruments from a “sell” rating to a “hold” rating in a report on Wednesday, January 9th. Finally, Benchmark boosted their target price on MKS Instruments from $98.00 to $111.00 and gave the stock a “buy” rating in a report on Friday, March 29th. They noted that the move was a valuation call. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. MKS Instruments has an average rating of “Buy” and a consensus target price of $109.00.

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MKS Instruments Profile

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. It operates through two segments, Vacuum and Analysis, and Light and Motion. The Vacuum and Analysis segment offers analytical and control solutions, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; direct and indirect pressure measurement and integrated process solutions; and materials delivery solutions comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with control capabilities that are optimized for a given application.

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Institutional Ownership by Quarter for MKS Instruments (NASDAQ:MKSI)

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