MKS Instruments, Inc. (MKSI) Holdings Trimmed by Janus Henderson Group PLC

Janus Henderson Group PLC lessened its stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 6.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,004 shares of the scientific and technical instruments company’s stock after selling 2,482 shares during the quarter. Janus Henderson Group PLC’s holdings in MKS Instruments were worth $3,443,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. TIAA CREF Investment Management LLC lifted its position in MKS Instruments by 75.3% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 234,376 shares of the scientific and technical instruments company’s stock worth $18,785,000 after buying an additional 100,638 shares during the last quarter. Morgan Stanley lifted its position in MKS Instruments by 125.1% in the 3rd quarter. Morgan Stanley now owns 308,582 shares of the scientific and technical instruments company’s stock worth $24,734,000 after buying an additional 171,478 shares during the last quarter. Vanguard Group Inc lifted its position in MKS Instruments by 0.7% in the third quarter. Vanguard Group Inc now owns 4,970,996 shares of the scientific and technical instruments company’s stock valued at $398,425,000 after purchasing an additional 35,168 shares during the last quarter. Virtu Financial LLC bought a new stake in MKS Instruments in the fourth quarter valued at approximately $405,000. Finally, Meeder Asset Management Inc. lifted its position in MKS Instruments by 196.1% in the fourth quarter. Meeder Asset Management Inc. now owns 3,675 shares of the scientific and technical instruments company’s stock valued at $237,000 after purchasing an additional 2,434 shares during the last quarter. 93.40% of the stock is owned by institutional investors and hedge funds.

Shares of MKSI stock opened at $78.22 on Monday. The company has a quick ratio of 2.98, a current ratio of 4.59 and a debt-to-equity ratio of 0.51. MKS Instruments, Inc. has a fifty-two week low of $56.37 and a fifty-two week high of $118.75. The company has a market capitalization of $4.25 billion, a price-to-earnings ratio of 9.99, a P/E/G ratio of 1.22 and a beta of 1.30.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings data on Monday, April 29th. The scientific and technical instruments company reported $1.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.05. The firm had revenue of $463.60 million during the quarter, compared to the consensus estimate of $460.64 million. MKS Instruments had a return on equity of 20.38% and a net margin of 15.13%. The business’s revenue was down 16.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.07 earnings per share. On average, equities analysts predict that MKS Instruments, Inc. will post 5.33 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Monday, May 27th will be issued a dividend of $0.20 per share. The ex-dividend date is Thursday, May 23rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.02%. MKS Instruments’s dividend payout ratio is presently 10.22%.

Several brokerages have weighed in on MKSI. Zacks Investment Research upgraded MKS Instruments from a “sell” rating to a “hold” rating in a research report on Monday, January 21st. Susquehanna Bancshares began coverage on MKS Instruments in a research report on Wednesday, May 15th. They issued a “positive” rating and a $123.00 price objective for the company. Cowen reiterated an “outperform” rating and issued a $120.00 price objective (up previously from $115.00) on shares of MKS Instruments in a research report on Tuesday, April 30th. DA Davidson boosted their price objective on MKS Instruments to $105.00 and gave the company a “buy” rating in a research report on Tuesday, March 26th. Finally, BidaskClub downgraded MKS Instruments from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. MKS Instruments presently has a consensus rating of “Buy” and an average price target of $113.44.

In related news, Director Elizabeth Mora sold 375 shares of the company’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 transaction of $31,462.50. Following the completion of the transaction, the director now owns 15,037 shares in the company, valued at $1,261,604.30. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.24% of the stock is owned by corporate insiders.

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MKS Instruments Company 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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