Renaissance Group LLC bought a new stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 4,842 shares of the scientific and technical instruments company’s stock, valued at approximately $458,000.

A number of other large investors also recently added to or reduced their stakes in the stock. OxFORD Asset Management LLP acquired a new position in shares of MKS Instruments in the 3rd quarter valued at $570,000. Prudential Financial Inc. raised its stake in shares of MKS Instruments by 237.7% in the 3rd quarter. Prudential Financial Inc. now owns 360,782 shares of the scientific and technical instruments company’s stock valued at $34,076,000 after buying an additional 253,949 shares in the last quarter. Koch Industries Inc. acquired a new position in shares of MKS Instruments in the 2nd quarter valued at $358,000. Rothschild Asset Management Inc. acquired a new position in shares of MKS Instruments in the 3rd quarter valued at $24,693,000. Finally, Bessemer Group Inc. acquired a new position in shares of MKS Instruments in the 3rd quarter valued at $331,000. Hedge funds and other institutional investors own 95.07% of the company’s stock.

A number of brokerages have recently issued reports on MKSI. BidaskClub cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. ValuEngine upgraded shares of MKS Instruments from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Stifel Nicolaus restated a “buy” rating and issued a $108.00 price objective (up previously from $98.00) on shares of MKS Instruments in a research note on Tuesday, October 24th. Dougherty & Co restated a “buy” rating on shares of MKS Instruments in a research note on Sunday, February 4th. Finally, Zacks Investment Research upgraded shares of MKS Instruments from a “hold” rating to a “strong-buy” rating and set a $119.00 price objective for the company in a research note on Tuesday, February 6th. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $116.60.

Shares of MKS Instruments, Inc. (NASDAQ MKSI) opened at $99.90 on Friday. The stock has a market cap of $5,424.07, a PE ratio of 16.22, a P/E/G ratio of 0.99 and a beta of 1.04. The company has a current ratio of 4.21, a quick ratio of 3.06 and a debt-to-equity ratio of 0.25. MKS Instruments, Inc. has a 1 year low of $64.45 and a 1 year high of $110.60.

MKS Instruments (NASDAQ:MKSI) last announced its earnings results on Wednesday, January 31st. The scientific and technical instruments company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $512.00 million during the quarter, compared to analysts’ expectations of $500.22 million. MKS Instruments had a net margin of 17.70% and a return on equity of 22.51%. The firm’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same quarter last year, the company posted $1.05 EPS. analysts expect that MKS Instruments, Inc. will post 7.6 earnings per share for the current fiscal year.

In related news, CFO Seth H. Bagshaw sold 10,000 shares of the stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $102.07, for a total transaction of $1,020,700.00. Following the completion of the sale, the chief financial officer now owns 11,766 shares in the company, valued at approximately $1,200,955.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO John Tseng-Chung Lee sold 2,113 shares of the stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $104.02, for a total transaction of $219,794.26. Following the sale, the chief operating officer now owns 1 shares of the company’s stock, valued at approximately $104.02. The disclosure for this sale can be found here. Insiders have sold a total of 33,252 shares of company stock valued at $3,289,287 in the last quarter. 1.65% of the stock is currently owned by corporate insiders.

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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.

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

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