Xact Kapitalforvaltning AB Purchases New Holdings in MKS Instruments, Inc. (MKSI)

Xact Kapitalforvaltning AB purchased a new position in shares of MKS Instruments, Inc. (NASDAQ:MKSI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,723 shares of the scientific and technical instruments company’s stock, valued at approximately $446,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MKSI. Wells Fargo & Company MN increased its holdings in shares of MKS Instruments by 132.5% during the 4th quarter. Wells Fargo & Company MN now owns 902,995 shares of the scientific and technical instruments company’s stock worth $85,333,000 after buying an additional 514,563 shares during the last quarter. Teachers Advisors LLC increased its holdings in shares of MKS Instruments by 83.1% during the 4th quarter. Teachers Advisors LLC now owns 329,219 shares of the scientific and technical instruments company’s stock worth $31,111,000 after buying an additional 149,460 shares during the last quarter. Macquarie Group Ltd. increased its holdings in shares of MKS Instruments by 139.7% during the 4th quarter. Macquarie Group Ltd. now owns 219,277 shares of the scientific and technical instruments company’s stock worth $20,722,000 after buying an additional 127,813 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of MKS Instruments by 34.0% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 466,389 shares of the scientific and technical instruments company’s stock worth $44,051,000 after purchasing an additional 118,424 shares during the period. Finally, Schroder Investment Management Group purchased a new position in shares of MKS Instruments during the 3rd quarter worth approximately $10,759,000. Institutional investors and hedge funds own 93.91% of the company’s stock.

How to Become a New Pot Stock Millionaire

NASDAQ:MKSI opened at $113.50 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.27 and a quick ratio of 3.10. The company has a market cap of $6,119.09, a P/E ratio of 18.87, a P/E/G ratio of 1.07 and a beta of 0.92. MKS Instruments, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $128.28.

MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings data on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.63 by $0.08. The firm had revenue of $512.00 million during the quarter, compared to analysts’ expectations of $500.22 million. MKS Instruments had a net margin of 17.70% and a return on equity of 22.51%. The firm’s quarterly revenue was up 26.4% on a year-over-year basis. During the same quarter last year, the company posted $1.05 EPS. equities analysts forecast that MKS Instruments, Inc. will post 7.89 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 9th. Shareholders of record on Monday, February 26th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $0.72 annualized dividend and a yield of 0.63%. MKS Instruments’s dividend payout ratio is presently 12.08%.

In other MKS Instruments news, VP Brian Charles Quirk sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $105.10, for a total value of $210,200.00. Following the completion of the transaction, the vice president now owns 11,863 shares of the company’s stock, valued at approximately $1,246,801.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Seth H. Bagshaw sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, January 8th. The shares were sold at an average price of $102.07, for a total transaction of $1,020,700.00. Following the completion of the transaction, the chief financial officer now directly owns 11,766 shares of the company’s stock, valued at approximately $1,200,955.62. The disclosure for this sale can be found here. Insiders sold a total of 51,443 shares of company stock valued at $5,587,092 in the last three months. 1.65% of the stock is currently owned by corporate insiders.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a research report on Wednesday. BidaskClub cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Dougherty & Co reaffirmed a “buy” rating on shares of MKS Instruments in a research report on Sunday, February 4th. Deutsche Bank increased their price objective on shares of MKS Instruments to $140.00 and gave the stock a “buy” rating in a research report on Thursday, March 22nd. Finally, ValuEngine raised shares of MKS Instruments from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $121.40.

TRADEMARK VIOLATION WARNING: “Xact Kapitalforvaltning AB Purchases New Holdings in MKS Instruments, Inc. (MKSI)” was reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The legal version of this article can be read at https://www.tickerreport.com/banking-finance/3334576/xact-kapitalforvaltning-ab-purchases-new-holdings-in-mks-instruments-inc-mksi.html.

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.

Want to see what other hedge funds are holding MKSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MKS Instruments, Inc. (NASDAQ:MKSI).

Institutional Ownership by Quarter for MKS Instruments (NASDAQ:MKSI)

Receive News & Ratings for MKS Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MKS Instruments and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Worthington Industries  Downgraded by Zacks Investment Research to “Strong Sell”
Worthington Industries Downgraded by Zacks Investment Research to “Strong Sell”
Walgreens Boots Alliance  Raised to “Buy” at Zacks Investment Research
Walgreens Boots Alliance Raised to “Buy” at Zacks Investment Research
21Vianet Group  Earns Hold Rating from Zacks Investment Research
21Vianet Group Earns Hold Rating from Zacks Investment Research
Fogo De Chao’s  “Hold” Rating Reiterated at Canaccord Genuity
Fogo De Chao’s “Hold” Rating Reiterated at Canaccord Genuity
Canaccord Genuity Analysts Give Nike  a $62.00 Price Target
Canaccord Genuity Analysts Give Nike a $62.00 Price Target
Head to Head Review: Liberty Latin America  and DISH Network
Head to Head Review: Liberty Latin America and DISH Network


Leave a Reply

© 2006-2018 Ticker Report. Google+.