MKS Instruments, Inc. (NASDAQ:MKSI) Director Gerard G. Colella Sells 10,000 Shares

MKS Instruments, Inc. (NASDAQ:MKSIGet Free Report) Director Gerard G. Colella sold 10,000 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $120.00, for a total value of $1,200,000.00. Following the transaction, the director now directly owns 68,017 shares of the company’s stock, valued at $8,162,040. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

MKS Instruments Stock Performance

Shares of MKSI opened at $120.37 on Tuesday. The company has a debt-to-equity ratio of 1.90, a current ratio of 2.99 and a quick ratio of 1.92. The stock has a 50-day moving average of $102.08 and a 200-day moving average of $91.18. The company has a market cap of $8.05 billion, a PE ratio of -4.37, a P/E/G ratio of 3.60 and a beta of 1.65. MKS Instruments, Inc. has a one year low of $63.44 and a one year high of $123.00.

MKS Instruments (NASDAQ:MKSIGet Free Report) last issued its earnings results on Wednesday, February 7th. The scientific and technical instruments company reported $1.17 EPS for the quarter, beating the consensus estimate of $0.89 by $0.28. The company had revenue of $893.00 million during the quarter, compared to the consensus estimate of $845.25 million. MKS Instruments had a positive return on equity of 9.95% and a negative net margin of 50.80%. The firm’s revenue for the quarter was down 17.7% compared to the same quarter last year. During the same period last year, the business posted $2.00 EPS. On average, equities research analysts predict that MKS Instruments, Inc. will post 4.96 EPS for the current fiscal year.

MKS Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 8th. Investors of record on Monday, February 26th will be given a $0.22 dividend. The ex-dividend date is Friday, February 23rd. This represents a $0.88 annualized dividend and a yield of 0.73%. MKS Instruments’s payout ratio is -3.19%.

Hedge Funds Weigh In On MKS Instruments

Large investors have recently added to or reduced their stakes in the business. State Board of Administration of Florida Retirement System lifted its position in MKS Instruments by 6.9% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 58,657 shares of the scientific and technical instruments company’s stock valued at $6,341,000 after acquiring an additional 3,806 shares in the last quarter. First Eagle Investment Management LLC lifted its position in MKS Instruments by 41.1% in the 3rd quarter. First Eagle Investment Management LLC now owns 134,735 shares of the scientific and technical instruments company’s stock valued at $11,660,000 after acquiring an additional 39,255 shares in the last quarter. Tributary Capital Management LLC lifted its position in MKS Instruments by 4.9% in the 3rd quarter. Tributary Capital Management LLC now owns 6,051 shares of the scientific and technical instruments company’s stock valued at $524,000 after acquiring an additional 283 shares in the last quarter. Scotia Capital Inc. lifted its position in MKS Instruments by 9.3% in the 2nd quarter. Scotia Capital Inc. now owns 7,095 shares of the scientific and technical instruments company’s stock valued at $767,000 after acquiring an additional 603 shares in the last quarter. Finally, Strs Ohio lifted its position in MKS Instruments by 31.9% in the 3rd quarter. Strs Ohio now owns 95,414 shares of the scientific and technical instruments company’s stock valued at $8,257,000 after acquiring an additional 23,082 shares in the last quarter. Institutional investors own 99.25% of the company’s stock.

Wall Street Analysts Forecast Growth

MKSI has been the subject of a number of recent analyst reports. Needham & Company LLC increased their price target on MKS Instruments from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. KeyCorp increased their price target on MKS Instruments from $115.00 to $140.00 and gave the stock an “overweight” rating in a report on Friday. TheStreet upgraded MKS Instruments from a “d+” rating to a “c-” rating in a report on Tuesday, January 23rd. Benchmark increased their price target on MKS Instruments from $85.00 to $130.00 and gave the stock a “buy” rating in a report on Friday. Finally, StockNews.com downgraded MKS Instruments from a “hold” rating to a “sell” rating in a report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $118.83.

Read Our Latest Analysis on MKSI

About MKS Instruments

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MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, and internationally. It operates through Vacuum Solutions Division, Photonics Solutions Division, and Material Solutions Division.

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