148,418 Shares in MKS Instruments, Inc. (MKSI) Purchased by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP acquired a new stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) during the third quarter, according to its most recent filing with the SEC. The fund acquired 148,418 shares of the scientific and technical instruments company’s stock, valued at approximately $14,018,000. Westfield Capital Management Co. LP owned 0.27% of MKS Instruments as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Riverhead Capital Management LLC raised its stake in shares of MKS Instruments by 71.9% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,063 shares of the scientific and technical instruments company’s stock valued at $139,000 after purchasing an additional 863 shares during the period. Creative Planning raised its stake in shares of MKS Instruments by 22.8% during the 2nd quarter. Creative Planning now owns 2,239 shares of the scientific and technical instruments company’s stock valued at $151,000 after purchasing an additional 416 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of MKS Instruments by 12.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,482 shares of the scientific and technical instruments company’s stock valued at $167,000 after purchasing an additional 281 shares during the period. Good Life Advisors LLC bought a new stake in shares of MKS Instruments during the 2nd quarter valued at $203,000. Finally, Bridgeworth LLC bought a new stake in shares of MKS Instruments during the 3rd quarter valued at $203,000. Institutional investors own 95.54% of the company’s stock.

A number of analysts recently issued reports on MKSI shares. Deutsche Bank boosted their price objective on MKS Instruments from $104.00 to $116.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Dougherty & Co boosted their price objective on MKS Instruments from $106.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. BidaskClub lowered MKS Instruments from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Stifel Nicolaus reiterated a “buy” rating on shares of MKS Instruments in a research note on Sunday, October 1st. Finally, ValuEngine lowered MKS Instruments from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. MKS Instruments has an average rating of “Buy” and an average price target of $109.75.

MKS Instruments, Inc. (NASDAQ:MKSI) opened at $91.05 on Wednesday. The firm has a market capitalization of $4,860.00, a PE ratio of 17.67, a price-to-earnings-growth ratio of 1.01 and a beta of 1.04. The company has a quick ratio of 3.10, a current ratio of 4.23 and a debt-to-equity ratio of 0.29. MKS Instruments, Inc. has a one year low of $56.10 and a one year high of $110.60.

MKS Instruments (NASDAQ:MKSI) last announced its earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.10. The business had revenue of $486.27 million for the quarter, compared to analyst estimates of $476.24 million. MKS Instruments had a return on equity of 21.21% and a net margin of 16.97%. The company’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.88 EPS. equities analysts predict that MKS Instruments, Inc. will post 5.89 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Monday, November 27th will be paid a $0.18 dividend. This is a positive change from MKS Instruments’s previous quarterly dividend of $0.18. This represents a $0.72 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date of this dividend is Friday, November 24th. MKS Instruments’s dividend payout ratio is currently 12.88%.

In other MKS Instruments news, VP Brian Charles Quirk sold 2,000 shares of the company’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $107.90, for a total value of $215,800.00. Following the transaction, the vice president now directly owns 13,785 shares in the company, valued at approximately $1,487,401.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Seth H. Bagshaw sold 7,500 shares of the company’s stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $85.80, for a total value of $643,500.00. Following the completion of the transaction, the chief financial officer now owns 21,615 shares in the company, valued at $1,854,567. The disclosure for this sale can be found here. Insiders sold a total of 11,913 shares of company stock worth $1,107,324 over the last 90 days. Corporate insiders own 1.65% of the company’s stock.

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MKS Instruments Company Profile

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.

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

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