MKS Instruments (NASDAQ:MKSI) was upgraded by investment analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a note issued to investors on Friday.
MKSI has been the topic of a number of other reports. ValuEngine upgraded MKS Instruments from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Dougherty & Co reiterated a “buy” rating on shares of MKS Instruments in a research note on Sunday, February 4th. Stifel Nicolaus reiterated a “buy” rating and set a $133.00 target price on shares of MKS Instruments in a research note on Thursday, February 1st. Zacks Investment Research raised MKS Instruments from a “hold” rating to a “strong-buy” rating and set a $119.00 price objective for the company in a report on Tuesday, February 6th. Finally, KeyCorp reissued a “buy” rating on shares of MKS Instruments in a report on Friday, February 2nd. Five analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $116.60.
Shares of MKS Instruments (MKSI) opened at $124.85 on Friday. The company has a market capitalization of $6,802.83, a price-to-earnings ratio of 20.98, a PEG ratio of 1.19 and a beta of 0.93. MKS Instruments has a 52 week low of $64.75 and a 52 week high of $124.90. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.10 and a current ratio of 4.27.
In related news, CEO Gerard G. Colella sold 5,000 shares of MKS Instruments stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $95.26, for a total value of $476,300.00. Following the completion of the sale, the chief executive officer now owns 5,025 shares of the company’s stock, valued at approximately $478,681.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Elizabeth Mora sold 300 shares of MKS Instruments stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $111.10, for a total value of $33,330.00. Following the completion of the sale, the director now directly owns 15,554 shares of the company’s stock, valued at approximately $1,728,049.40. The disclosure for this sale can be found here. In the last three months, insiders sold 59,652 shares of company stock valued at $6,362,877. 1.65% of the stock is currently owned by insiders.
Institutional investors and hedge funds have recently made changes to their positions in the stock. OxFORD Asset Management LLP purchased a new stake in MKS Instruments in the 3rd quarter worth about $570,000. Prudential Financial Inc. grew its holdings in MKS Instruments by 237.7% during the 3rd quarter. Prudential Financial Inc. now owns 360,782 shares of the scientific and technical instruments company’s stock valued at $34,076,000 after buying an additional 253,949 shares in the last quarter. Rothschild Asset Management Inc. purchased a new position in MKS Instruments during the 3rd quarter valued at about $24,693,000. Bessemer Group Inc. purchased a new position in MKS Instruments during the 3rd quarter valued at about $331,000. Finally, Columbus Circle Investors grew its holdings in MKS Instruments by 29.5% during the 3rd quarter. Columbus Circle Investors now owns 388,137 shares of the scientific and technical instruments company’s stock valued at $36,660,000 after buying an additional 88,425 shares in the last quarter. 93.08% of the stock is owned by institutional investors.
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About MKS Instruments
MKS Instruments, Inc is a global provider of instruments, subsystems and process control solutions that measures, controls, powers, delivers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment.
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