Coldstream Capital Management Inc. Has $513,000 Position in MKS Instruments, Inc. (NASDAQ:MKSI)

Coldstream Capital Management Inc. lessened its stake in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 5.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 4,717 shares of the scientific and technical instruments company’s stock after selling 267 shares during the period. Coldstream Capital Management Inc.’s holdings in MKS Instruments were worth $513,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Massmutual Trust Co. FSB ADV lifted its position in MKS Instruments by 196.9% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 288 shares of the scientific and technical instruments company’s stock worth $31,000 after buying an additional 191 shares in the last quarter. UMB Bank n.a. increased its holdings in MKS Instruments by 53.7% in the third quarter. UMB Bank n.a. now owns 349 shares of the scientific and technical instruments company’s stock valued at $38,000 after purchasing an additional 122 shares during the last quarter. Key Financial Inc acquired a new stake in shares of MKS Instruments in the 2nd quarter valued at approximately $39,000. BOKF NA bought a new position in shares of MKS Instruments during the second quarter worth $39,000. Finally, Quarry LP bought a new position in MKS Instruments during the second quarter worth about $39,000. 99.79% of the stock is owned by institutional investors.

Insider Transactions at MKS Instruments

In other news, Director Elizabeth Mora sold 275 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $113.41, for a total transaction of $31,187.75. Following the completion of the sale, the director now directly owns 17,659 shares of the company’s stock, valued at $2,002,707.19. This trade represents a 1.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jacqueline F. Moloney sold 300 shares of the business’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $114.80, for a total transaction of $34,440.00. Following the completion of the transaction, the director now directly owns 9,983 shares in the company, valued at $1,146,048.40. This trade represents a 2.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 825 shares of company stock worth $92,853 in the last quarter. 0.46% of the stock is currently owned by corporate insiders.

MKS Instruments Trading Down 0.3 %

Shares of MKSI stock opened at $112.55 on Friday. The company has a market cap of $7.57 billion, a P/E ratio of 250.11, a PEG ratio of 0.66 and a beta of 1.65. The stock has a 50 day simple moving average of $108.65 and a two-hundred day simple moving average of $116.95. The company has a debt-to-equity ratio of 1.98, a quick ratio of 2.21 and a current ratio of 3.42. MKS Instruments, Inc. has a fifty-two week low of $90.90 and a fifty-two week high of $147.40.

MKS Instruments (NASDAQ:MKSI) last announced its quarterly earnings results on Wednesday, November 6th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.27. The business had revenue of $896.00 million for the quarter, compared to analysts’ expectations of $874.29 million. MKS Instruments had a net margin of 0.90% and a return on equity of 15.79%. The firm’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.46 EPS. Research analysts forecast that MKS Instruments, Inc. will post 6.33 earnings per share for the current year.

MKS Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Monday, November 25th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend was Monday, November 25th. MKS Instruments’s dividend payout ratio is 195.56%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Wells Fargo & Company dropped their price objective on shares of MKS Instruments from $120.00 to $110.00 and set an “equal weight” rating on the stock in a report on Thursday, October 3rd. Cantor Fitzgerald initiated coverage on MKS Instruments in a research note on Tuesday, September 10th. They issued an “overweight” rating and a $140.00 price objective on the stock. Mizuho raised MKS Instruments to a “strong-buy” rating in a report on Monday, October 7th. The Goldman Sachs Group began coverage on MKS Instruments in a research note on Tuesday, September 3rd. They issued a “neutral” rating and a $129.00 price target for the company. Finally, Benchmark reissued a “buy” rating and issued a $142.00 target price on shares of MKS Instruments in a report on Monday, November 18th. Five analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $141.42.

MKS Instruments Company Profile

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.