MKS Instruments (NASDAQ:MKSI) Downgraded to Sell at StockNews.com

StockNews.com cut shares of MKS Instruments (NASDAQ:MKSIFree Report) from a hold rating to a sell rating in a research report report published on Wednesday.

A number of other research firms have also commented on MKSI. TheStreet upgraded MKS Instruments from a d+ rating to a c- rating in a research report on Tuesday, January 23rd. Needham & Company LLC increased their price target on MKS Instruments from $96.00 to $120.00 and gave the stock a buy rating in a research report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of Moderate Buy and a consensus target price of $110.60.

Get Our Latest Stock Analysis on MKS Instruments

MKS Instruments Trading Up 0.1 %

Shares of MKSI opened at $108.04 on Wednesday. The stock has a market cap of $7.23 billion, a PE ratio of -4.20, a PEG ratio of 3.30 and a beta of 1.65. MKS Instruments has a 1 year low of $63.44 and a 1 year high of $115.29. The stock has a 50 day simple moving average of $100.00 and a 200-day simple moving average of $90.96. The company has a current ratio of 3.31, a quick ratio of 2.11 and a debt-to-equity ratio of 1.93.

MKS Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 8th. Shareholders 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 dividend on an annualized basis and a yield of 0.81%. MKS Instruments’s payout ratio is -3.42%.

Insider Buying and Selling at MKS Instruments

In other MKS Instruments news, Director Gerard G. Colella sold 10,000 shares of the stock in a transaction on Monday, January 22nd. The stock was sold at an average price of $110.00, for a total value of $1,100,000.00. Following the transaction, the director now directly owns 78,017 shares in the company, valued at approximately $8,581,870. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Elizabeth Mora sold 250 shares of the stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $100.90, for a total value of $25,225.00. Following the transaction, the director now owns 17,112 shares of the company’s stock, valued at approximately $1,726,600.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Gerard G. Colella sold 10,000 shares of the stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $110.00, for a total value of $1,100,000.00. Following the completion of the transaction, the director now directly owns 78,017 shares in the company, valued at approximately $8,581,870. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,500 shares of company stock worth $1,145,783. Insiders own 0.69% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in MKSI. Price T Rowe Associates Inc. MD raised its stake in MKS Instruments by 240.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,498,030 shares of the scientific and technical instruments company’s stock worth $126,928,000 after buying an additional 1,058,245 shares during the period. Norges Bank acquired a new stake in MKS Instruments during the 4th quarter worth $74,360,000. Vanguard Group Inc. raised its stake in shares of MKS Instruments by 16.4% in the 3rd quarter. Vanguard Group Inc. now owns 6,129,843 shares of the scientific and technical instruments company’s stock valued at $506,570,000 after purchasing an additional 864,178 shares during the period. Nordea Investment Management AB raised its stake in shares of MKS Instruments by 2,071.7% in the 4th quarter. Nordea Investment Management AB now owns 880,884 shares of the scientific and technical instruments company’s stock valued at $90,432,000 after purchasing an additional 840,322 shares during the period. Finally, Victory Capital Management Inc. raised its stake in shares of MKS Instruments by 14.9% in the 4th quarter. Victory Capital Management Inc. now owns 4,490,779 shares of the scientific and technical instruments company’s stock valued at $461,966,000 after purchasing an additional 581,453 shares during the period. Institutional investors and hedge funds own 99.25% of the company’s stock.

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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Analyst Recommendations for MKS Instruments (NASDAQ:MKSI)

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