November 23, 2016 - By whatsonthorold
In analysts report issued to clients on Wednesday, 23 November, MKS Instruments (MKSI) stock had its Buy Rating reconfirmed by investment analysts at Stifel. They currently have a $64.0 target price on company. Stifel’s target gives a potential upside of 11.45% from the company’s last price.
The stock increased 0.75% or $0.42 during the last trading session, hitting $57.42. MKS Instruments, Inc. (MKSI) has risen 54.26% since April 21, 2016 and is uptrending. It has outperformed by 48.93% the S&P500.
Insitutional Activity: The institutional sentiment decreased to 1.37 in Q2 2016. Its down 0.12, from 1.49 in 2016Q1. The ratio turned negative, as 18 funds sold all MKS Instruments, Inc. shares owned while 53 reduced positions. 32 funds bought stakes while 74 increased positions. They now own 54.44 million shares or 1.76% more from 53.49 million shares in 2016Q1.
Aperio Grp Limited Liability owns 9,853 shares or 0% of their US portfolio. Value L P accumulated 7.35% or 265,921 shares. Advsr Asset holds 0.03% or 44,338 shares in its portfolio. Hays Advisory Ltd Liability holds 180,158 shares or 1.21% of its portfolio. Qs Limited Liability holds 0.02% or 53,086 shares in its portfolio. Putnam Fl Management owns 36,922 shares or 0.19% of their US portfolio. State Of Tennessee Treasury Department last reported 42,399 shares in the company. Springbank Value Prns Lp last reported 114,456 shares in the company. The California-based Franklin has invested 0.05% in MKS Instruments, Inc. (NASDAQ:MKSI). Citigroup last reported 130,751 shares in the company. Td Asset reported 19,300 shares or 0% of all its holdings. Paradigm Cap Management Inc New York has 0.1% invested in the company for 20,000 shares. First Republic Invest Mngmt has invested 0.01% of its portfolio in MKS Instruments, Inc. (NASDAQ:MKSI). Systematic Fincl L P owns 243,186 shares or 0.14% of their US portfolio. Bnp Paribas Arbitrage has 18,251 shares for 0% of their US portfolio.
Insider Transactions: Since May 24, 2016, the stock had 0 insider purchases, and 16 insider sales for $2.85 million net activity. $45,170 worth of MKS Instruments, Inc. (NASDAQ:MKSI) was sold by Quirk Brian Charles on Wednesday, August 3. COLELLA GERARD G sold $235,545 worth of MKS Instruments, Inc. (NASDAQ:MKSI) on Tuesday, September 13. Lee John Tseng-Chung had sold 9,955 shares worth $461,524. HANLEY PETER sold $18,267 worth of MKS Instruments, Inc. (NASDAQ:MKSI) on Monday, August 1. The insider Abrams John R sold 3,498 shares worth $146,916. 10,000 MKS Instruments, Inc. (NASDAQ:MKSI) shares with value of $554,500 were sold by BAGSHAW SETH H. Mora Elizabeth sold 200 shares worth $10,100.
MKS Instruments, Inc. is a provider of instruments, subsystems and process control solutions that measures, controls, powers, monitors and analyzes critical parameters of advanced manufacturing processes to improve process performance and productivity. The company has a market cap of $3.10 billion. The Firm operates through divisions, including Advanced Manufacturing Capital Equipment, which includes the development, manufacturing and sales of instruments, control and vacuum products, power and reactive gas products; Global Service, which includes the worldwide servicing of instruments, control and vacuum products, power and reactive gas products and certain other product groups; Asia Region Sales, which includes sales of products that are re-sold from the Advanced Manufacturing Capital Equipment and Other divisions into Asia regions, and Other. It has a 36.46 P/E ratio.
According to Zacks Investment Research, “MKS Instruments, Inc. is a leading worldwide developer, manufacturer and supplier of instruments, components and subsystems used to measure, control and analyze gases in semiconductor manufacturing and similar industrial manufacturing processes. They offer a range of products including but not limited to semiconductors, optical filters and fiber optics cables, magnetic and optical storage devices and media, solar panels, eyeglasses, architectural glass, cutting tools, and freeze-dried pharmaceuticals.”
MKS Instruments, Inc. (MKS), incorporated on June 14, 1961, is a well-known provider of instruments, subsystems and process control solutions that measures, controls, powers, monitors and analyzes critical parameters of advanced manufacturing processes to improve process performance and productivity. The Firm operates through divisions, including Advanced Manufacturing Capital Equipment, Global Service, Asia Region Sales and Other. It also provides services relating to the maintenance and repair of its products, software, service and maintenance, installation services and training. The Firm groups its products into three groups of similar products upon the similarity of product function. These three groups of products are instruments, control and vacuum products; power and reactive gas products, and analytical solutions group products.
More notable recent MKS Instruments, Inc. (NASDAQ:MKSI) news were published by: Wsj.com which released: “MKS Instruments to Buy Newport Corp. for $897 Million in Cash” on February 23, 2016, also Nasdaq.com with their article: “Ex-Dividend Reminder: MKS Instruments, Curtiss-Wright and Matthews International” published on November 21, 2016, Zacks.com published: “Can MKS Instruments (MKS) Run Higher on Strong Earnings Estimate Revisions?” on November 18, 2016. More interesting news about MKS Instruments, Inc. (NASDAQ:MKSI) were released by: Seekingalpha.com and their article: “MKS Instruments And Newport Corporation: A Marriage Of Equals” published on February 25, 2016 as well as Seekingalpha.com‘s news article titled: “MKS Instruments-Newport Acquisition Brings Scale” with publication date: May 02, 2016.
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