MKS Instruments, Inc. (NASDAQ:MKSI) Stake Lessened by Rothschild & Co. Asset Management US Inc.

Rothschild & Co. Asset Management US Inc. cut its holdings in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 4.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 181,450 shares of the scientific and technical instruments company’s stock after selling 7,494 shares during the period. Rothschild & Co. Asset Management US Inc. owned approximately 0.33% of MKS Instruments worth $14,133,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Arizona State Retirement System increased its stake in shares of MKS Instruments by 1.4% during the 2nd quarter. Arizona State Retirement System now owns 39,452 shares of the scientific and technical instruments company’s stock worth $3,073,000 after purchasing an additional 535 shares during the last quarter. Mitchell Capital Management Co. increased its stake in shares of MKS Instruments by 10.6% during the 2nd quarter. Mitchell Capital Management Co. now owns 28,957 shares of the scientific and technical instruments company’s stock worth $2,255,000 after purchasing an additional 2,765 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of MKS Instruments by 1.4% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 21,889 shares of the scientific and technical instruments company’s stock worth $1,705,000 after purchasing an additional 310 shares during the last quarter. Leith Wheeler Investment Counsel Ltd. acquired a new position in shares of MKS Instruments during the 2nd quarter worth $935,000. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of MKS Instruments during the 2nd quarter worth $1,445,000. 94.79% of the stock is owned by institutional investors and hedge funds.

NASDAQ:MKSI traded up $0.18 during midday trading on Wednesday, reaching $73.70. The stock had a trading volume of 13,028 shares, compared to its average volume of 504,143. MKS Instruments, Inc. has a 1-year low of $56.37 and a 1-year high of $103.86. The business has a fifty day moving average price of $79.73. The company has a debt-to-equity ratio of 0.48, a current ratio of 4.80 and a quick ratio of 3.12. The firm has a market capitalization of $4.00 billion, a PE ratio of 9.34, a P/E/G ratio of 1.58 and a beta of 1.44.

MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings results on Tuesday, July 30th. The scientific and technical instruments company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.01. MKS Instruments had a net margin of 11.41% and a return on equity of 16.34%. The firm had revenue of $474.11 million during the quarter, compared to the consensus estimate of $483.27 million. During the same period in the prior year, the firm earned $2.33 EPS. The business’s revenue was down 17.3% on a year-over-year basis. As a group, equities research analysts expect that MKS Instruments, Inc. will post 4.03 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 6th. Shareholders of record on Monday, August 26th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Friday, August 23rd. MKS Instruments’s dividend payout ratio (DPR) is presently 10.22%.

In other MKS Instruments news, Director Jacqueline F. Moloney sold 603 shares of the stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $81.98, for a total value of $49,433.94. Following the completion of the sale, the director now directly owns 7,692 shares of the company’s stock, valued at approximately $630,590.16. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Elizabeth Mora sold 400 shares of the stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $71.93, for a total transaction of $28,772.00. Following the completion of the sale, the director now directly owns 16,618 shares of the company’s stock, valued at $1,195,332.74. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,003 shares of company stock valued at $457,306. Insiders own 1.24% of the company’s stock.

A number of research firms recently issued reports on MKSI. Cowen reiterated an “outperform” rating and issued a $120.00 target price (up from $115.00) on shares of MKS Instruments in a research note on Tuesday, April 30th. BidaskClub upgraded shares of MKS Instruments from a “sell” rating to a “hold” rating in a research note on Tuesday, July 23rd. Deutsche Bank raised their target price on shares of MKS Instruments from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Zacks Investment Research lowered shares of MKS Instruments from a “hold” rating to a “sell” rating and set a $94.00 target price on the stock. in a research note on Thursday, July 25th. Finally, Susquehanna Bancshares began coverage on shares of MKS Instruments in a research note on Wednesday, May 15th. They issued a “positive” rating and a $123.00 target price on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $112.11.

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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