Voya Investment Management LLC reduced its position in shares of MKS Instruments, Inc. (NASDAQ:MKSI) by 82.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 109,295 shares of the scientific and technical instruments company’s stock after selling 496,736 shares during the period. Voya Investment Management LLC owned 0.20% of MKS Instruments worth $10,459,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System boosted its stake in shares of MKS Instruments by 3.2% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 35,724 shares of the scientific and technical instruments company’s stock worth $4,131,000 after buying an additional 1,104 shares during the last quarter. Aperio Group LLC lifted its stake in MKS Instruments by 20.9% in the first quarter. Aperio Group LLC now owns 21,896 shares of the scientific and technical instruments company’s stock valued at $2,532,000 after purchasing an additional 3,784 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in MKS Instruments by 5.2% in the first quarter. Thrivent Financial for Lutherans now owns 12,332 shares of the scientific and technical instruments company’s stock valued at $1,426,000 after purchasing an additional 612 shares during the last quarter. US Bancorp DE raised its holdings in MKS Instruments by 117.4% during the 1st quarter. US Bancorp DE now owns 32,793 shares of the scientific and technical instruments company’s stock valued at $3,793,000 after acquiring an additional 17,710 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in MKS Instruments by 12.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 6,906 shares of the scientific and technical instruments company’s stock valued at $797,000 after acquiring an additional 766 shares during the period. Hedge funds and other institutional investors own 91.19% of the company’s stock.

Shares of MKS Instruments stock traded up $1.58 during trading on Friday, hitting $74.85. The stock had a trading volume of 433,945 shares, compared to its average volume of 613,233. The stock has a market cap of $4.39 billion, a P/E ratio of 12.56, a PEG ratio of 0.83 and a beta of 0.88. The company has a debt-to-equity ratio of 0.19, a quick ratio of 3.66 and a current ratio of 5.03. MKS Instruments, Inc. has a 12 month low of $73.11 and a 12 month high of $128.28.

MKS Instruments (NASDAQ:MKSI) last released its earnings results on Tuesday, July 24th. The scientific and technical instruments company reported $2.33 EPS for the quarter, beating the Zacks’ consensus estimate of $2.22 by $0.11. The business had revenue of $573.14 million for the quarter, compared to analysts’ expectations of $567.99 million. MKS Instruments had a return on equity of 25.69% and a net margin of 17.95%. The firm’s revenue was up 19.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.41 earnings per share. Sell-side analysts predict that MKS Instruments, Inc. will post 8.01 earnings per share for the current year.

In related news, Director Peter Hanley sold 1,240 shares of the stock in a transaction on Tuesday, August 7th. The stock was sold at an average price of $94.39, for a total value of $117,043.60. Following the transaction, the director now owns 1,501 shares of the company’s stock, valued at $141,679.39. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Elizabeth Mora sold 375 shares of the stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $92.50, for a total value of $34,687.50. Following the completion of the transaction, the director now directly owns 15,787 shares in the company, valued at approximately $1,460,297.50. The disclosure for this sale can be found here. 1.67% of the stock is owned by corporate insiders.

A number of equities research analysts have issued reports on MKSI shares. ValuEngine cut shares of MKS Instruments from a “sell” rating to a “strong sell” rating in a report on Wednesday, September 12th. BidaskClub cut shares of MKS Instruments from a “buy” rating to a “hold” rating in a report on Wednesday, July 25th. Citigroup lowered their target price on shares of MKS Instruments from $118.00 to $101.00 and set a “buy” rating on the stock in a report on Tuesday, September 25th. Zacks Investment Research cut shares of MKS Instruments from a “hold” rating to a “sell” rating in a report on Tuesday, September 25th. Finally, Stifel Nicolaus boosted their target price on shares of MKS Instruments from $147.00 to $155.00 and gave the company a “buy” rating in a report on Monday, June 18th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. MKS Instruments presently has a consensus rating of “Hold” and an average target price of $127.75.

About MKS Instruments

MKS Instruments, Inc provides instruments, subsystems, and process control solutions that measure, control, power, deliver, monitor, and analyze critical parameters of manufacturing processes worldwide. The company operates through two segments, Vacuum & Analysis and Light & Motion. The Vacuum & Analysis segment provides analytical and control solutions products, including gas analyzers, automation control products, I/O modules, automation software, and precision machined components and electromechanical assemblies; and materials delivery solutions products comprising flow and valve technologies, as well as integrated pressure measurement and control subsystems to provide customers with precise control capabilities that are optimized for a given application.

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

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