International Assets Investment Management LLC Has $1.11 Million Stake in MKS Instruments, Inc. (NASDAQ:MKSI)

International Assets Investment Management LLC increased its position in shares of MKS Instruments, Inc. (NASDAQ:MKSI - Free Report) by 13,537.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,228 shares of the scientific and technical instruments company's stock after buying an additional 10,153 shares during the period. International Assets Investment Management LLC's holdings in MKS Instruments were worth $1,112,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Westfield Capital Management Co. LP raised its holdings in MKS Instruments by 5.1% during the first quarter. Westfield Capital Management Co. LP now owns 620,063 shares of the scientific and technical instruments company's stock worth $82,468,000 after purchasing an additional 30,348 shares during the last quarter. Ceredex Value Advisors LLC boosted its position in MKS Instruments by 41.2% during the second quarter. Ceredex Value Advisors LLC now owns 432,858 shares of the scientific and technical instruments company's stock worth $56,523,000 after purchasing an additional 126,200 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of MKS Instruments by 14.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 418,894 shares of the scientific and technical instruments company's stock valued at $54,699,000 after acquiring an additional 51,540 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of MKS Instruments by 4.9% during the second quarter. Dimensional Fund Advisors LP now owns 372,394 shares of the scientific and technical instruments company's stock worth $48,629,000 after purchasing an additional 17,476 shares in the last quarter. Finally, Millennium Management LLC grew its stake in MKS Instruments by 219.5% in the second quarter. Millennium Management LLC now owns 348,024 shares of the scientific and technical instruments company's stock valued at $45,445,000 after acquiring an additional 239,099 shares during the period. 99.79% of the stock is owned by hedge funds and other institutional investors.

MKS Instruments Trading Up 1.4 %

MKS Instruments stock traded up $1.37 during trading hours on Tuesday, reaching $100.94. The stock had a trading volume of 820,647 shares, compared to its average volume of 823,231. MKS Instruments, Inc. has a 52 week low of $67.04 and a 52 week high of $147.40. The stock has a market cap of $6.79 billion, a PE ratio of 913.73, a PEG ratio of 0.71 and a beta of 1.63. The company has a fifty day simple moving average of $107.34 and a 200-day simple moving average of $119.15. The company has a debt-to-equity ratio of 2.16, a current ratio of 3.58 and a quick ratio of 2.31.

MKS Instruments (NASDAQ:MKSI - Get Free Report) last announced its earnings results on Wednesday, August 7th. The scientific and technical instruments company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.51. The firm had revenue of $887.00 million during the quarter, compared to the consensus estimate of $866.38 million. MKS Instruments had a return on equity of 14.91% and a net margin of 0.25%. The firm's revenue for the quarter was down 11.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.32 EPS. Analysts forecast that MKS Instruments, Inc. will post 5.61 EPS for the current fiscal year.

Insider Buying and Selling at MKS Instruments

In other news, EVP John Edward Williams sold 1,800 shares of the company's stock in a transaction on Friday, August 16th. The stock was sold at an average price of $118.71, for a total transaction of $213,678.00. Following the completion of the sale, the executive vice president now directly owns 13 shares in the company, valued at approximately $1,543.23. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, Director Jacqueline F. Moloney sold 250 shares of the business's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $108.90, for a total transaction of $27,225.00. Following the completion of the transaction, the director now owns 10,283 shares in the company, valued at $1,119,818.70. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP John Edward Williams sold 1,800 shares of MKS Instruments stock in a transaction on Friday, August 16th. The shares were sold at an average price of $118.71, for a total value of $213,678.00. Following the completion of the transaction, the executive vice president now owns 13 shares of the company's stock, valued at approximately $1,543.23. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,325 shares of company stock valued at $272,795. Company insiders own 0.51% of the company's stock.

Wall Street Analyst Weigh In

MKSI has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft decreased their target price on shares of MKS Instruments from $140.00 to $120.00 and set a "hold" rating for the company in a report on Friday, August 9th. KeyCorp increased their price target on shares of MKS Instruments from $150.00 to $160.00 and gave the stock an "overweight" rating in a report on Friday, July 12th. The Goldman Sachs Group initiated coverage on MKS Instruments in a research note on Tuesday, September 3rd. They issued a "neutral" rating and a $129.00 price target on the stock. Needham & Company LLC raised their price objective on MKS Instruments from $153.00 to $156.00 and gave the stock a "buy" rating in a report on Friday, August 9th. Finally, Bank of America began coverage on shares of MKS Instruments in a research note on Wednesday, July 10th. They set a "buy" rating and a $160.00 price objective on the stock. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $141.09.

MKS Instruments Company 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.