Elizabeth Mora Sells 275 Shares of MKS Instruments, Inc. (NASDAQ:MKSI) Stock

MKS Instruments, Inc. (NASDAQ:MKSI) Director Elizabeth Mora sold 275 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $115.97, for a total value of $31,891.75. Following the transaction, the director now owns 17,934 shares of the company’s stock, valued at approximately $2,079,805.98. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

MKS Instruments Trading Down 0.2 %

Shares of MKSI stock opened at $108.50 on Friday. The company has a debt-to-equity ratio of 2.16, a quick ratio of 2.31 and a current ratio of 3.58. MKS Instruments, Inc. has a 1 year low of $63.44 and a 1 year high of $147.40. The stock has a fifty day moving average of $122.64 and a two-hundred day moving average of $124.80. The firm has a market capitalization of $7.28 billion, a PE ratio of -4.07, a price-to-earnings-growth ratio of 1.15 and a beta of 1.65.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings results on Wednesday, August 7th. The scientific and technical instruments company reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.51. MKS Instruments had a return on equity of 14.91% and a net margin of 0.25%. The company had revenue of $887.00 million during the quarter, compared to analyst estimates of $866.38 million. During the same quarter in the previous year, the firm posted $1.32 EPS. The firm’s quarterly revenue was down 11.6% on a year-over-year basis. As a group, research analysts expect that MKS Instruments, Inc. will post 5.58 EPS for the current year.

MKS Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 6th. Stockholders of record on Monday, August 26th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Monday, August 26th. MKS Instruments’s dividend payout ratio is presently -3.30%.

Wall Street Analysts Forecast Growth

MKSI has been the subject of a number of analyst reports. Bank of America initiated coverage on MKS Instruments in a research report on Wednesday, July 10th. They set a “buy” rating and a $160.00 price objective for the company. Benchmark restated a “buy” rating and set a $142.00 price objective on shares of MKS Instruments in a research report on Thursday, August 8th. Needham & Company LLC boosted their price objective on MKS Instruments from $153.00 to $156.00 and gave the company a “buy” rating in a research report on Friday, August 9th. TD Cowen boosted their price objective on MKS Instruments from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, June 12th. Finally, The Goldman Sachs Group initiated coverage on MKS Instruments in a research report on Tuesday. They set a “neutral” rating and a $129.00 price objective for the company. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $144.67.

Institutional Trading of MKS Instruments

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Sanctuary Advisors LLC bought a new stake in shares of MKS Instruments in the 2nd quarter worth $1,288,000. Teachers Retirement System of The State of Kentucky raised its stake in shares of MKS Instruments by 14.8% in the 2nd quarter. Teachers Retirement System of The State of Kentucky now owns 32,231 shares of the scientific and technical instruments company’s stock worth $4,209,000 after buying an additional 4,163 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of MKS Instruments by 16.5% in the 2nd quarter. Cetera Investment Advisers now owns 12,921 shares of the scientific and technical instruments company’s stock worth $1,687,000 after buying an additional 1,827 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of MKS Instruments in the 2nd quarter worth $1,599,000. Finally, Quarry LP bought a new stake in shares of MKS Instruments in the 2nd quarter worth $39,000. Institutional investors own 99.79% of the company’s stock.

About MKS Instruments

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.