MKS Instruments, Inc. (NASDAQ:MKSI) Shares Sold by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. reduced its stake in MKS Instruments, Inc. (NASDAQ:MKSI) by 5.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,717 shares of the scientific and technical instruments company’s stock after selling 267 shares during the quarter. Coldstream Capital Management Inc.’s holdings in MKS Instruments were worth $513,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Aigen Investment Management LP boosted its stake in MKS Instruments by 705.3% in the 3rd quarter. Aigen Investment Management LP now owns 12,547 shares of the scientific and technical instruments company’s stock worth $1,364,000 after buying an additional 10,989 shares during the last quarter. First Eagle Investment Management LLC boosted its position in shares of MKS Instruments by 7.6% in the second quarter. First Eagle Investment Management LLC now owns 141,187 shares of the scientific and technical instruments company’s stock worth $18,436,000 after acquiring an additional 10,000 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in MKS Instruments in the second quarter valued at approximately $1,599,000. Citigroup Inc. increased its position in MKS Instruments by 7.3% during the third quarter. Citigroup Inc. now owns 444,333 shares of the scientific and technical instruments company’s stock worth $48,303,000 after purchasing an additional 30,216 shares during the last quarter. Finally, Hsbc Holdings PLC raised its stake in MKS Instruments by 3,928.7% during the second quarter. Hsbc Holdings PLC now owns 76,828 shares of the scientific and technical instruments company’s stock worth $10,110,000 after purchasing an additional 74,921 shares during the period. Institutional investors and hedge funds own 99.79% of the company’s stock.

MKS Instruments Stock Down 0.3 %

MKSI stock opened at $112.55 on Friday. The company has a debt-to-equity ratio of 1.98, a current ratio of 3.42 and a quick ratio of 2.21. The firm has a market cap of $7.57 billion, a PE ratio of 250.11, a P/E/G ratio of 0.66 and a beta of 1.65. The firm has a 50 day simple moving average of $108.65 and a 200 day simple moving average of $116.95. MKS Instruments, Inc. has a 12 month low of $90.90 and a 12 month high of $147.40.

MKS Instruments (NASDAQ:MKSI) last issued its quarterly earnings results on Wednesday, November 6th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.27. The business had revenue of $896.00 million for the quarter, compared to the consensus estimate of $874.29 million. MKS Instruments had a return on equity of 15.79% and a net margin of 0.90%. MKS Instruments’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.46 earnings per share. Equities research analysts forecast that MKS Instruments, Inc. will post 6.33 earnings per share for the current fiscal year.

MKS Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Monday, November 25th were given a dividend of $0.22 per share. The ex-dividend date was Monday, November 25th. This represents a $0.88 dividend on an annualized basis and a yield of 0.78%. MKS Instruments’s payout ratio is 195.56%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on MKSI shares. Citigroup lowered MKS Instruments from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $145.00 to $120.00 in a research note on Monday, September 16th. JPMorgan Chase & Co. started coverage on MKS Instruments in a research note on Friday. They set an “overweight” rating and a $145.00 target price for the company. Wells Fargo & Company cut their price target on shares of MKS Instruments from $120.00 to $110.00 and set an “equal weight” rating on the stock in a report on Thursday, October 3rd. Benchmark reaffirmed a “buy” rating and set a $142.00 target price on shares of MKS Instruments in a report on Monday, November 18th. Finally, Cantor Fitzgerald started coverage on shares of MKS Instruments in a research note on Tuesday, September 10th. They set an “overweight” rating and a $140.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $141.42.

Insider Activity

In other news, Director Jacqueline F. Moloney sold 300 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $114.80, for a total value of $34,440.00. Following the sale, the director now directly owns 9,983 shares of the company’s stock, valued at approximately $1,146,048.40. This trade represents a 2.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Elizabeth Mora sold 275 shares of MKS Instruments stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $113.41, for a total value of $31,187.75. Following the completion of the transaction, the director now directly owns 17,659 shares in the company, valued at approximately $2,002,707.19. This represents a 1.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 825 shares of company stock worth $92,853 in the last three months. 0.46% of the stock is owned by insiders.

MKS Instruments Profile

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.