MKS Instruments, Inc. (NASDAQ:MKSI) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Thursday.

Several other equities research analysts also recently commented on MKSI. Zacks Investment Research raised MKS Instruments from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a report on Friday, April 21st. Deutsche Bank AG began coverage on MKS Instruments in a report on Wednesday. They issued a “buy” rating and a $84.00 target price on the stock. Stifel Nicolaus reissued a “buy” rating and issued a $81.00 target price (up from $71.00) on shares of MKS Instruments in a report on Friday, April 28th. ValuEngine raised MKS Instruments from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Dougherty & Co reissued a “buy” rating and issued a $100.00 target price (up from $86.00) on shares of MKS Instruments in a report on Friday, April 28th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. MKS Instruments has a consensus rating of “Buy” and an average price target of $80.60.

Shares of MKS Instruments (NASDAQ:MKSI) remained flat at $68.15 during trading on Thursday. The company had a trading volume of 904,514 shares. MKS Instruments has a 52-week low of $41.34 and a 52-week high of $88.40. The firm has a 50 day moving average price of $78.22 and a 200 day moving average price of $69.72. The company has a market capitalization of $3.69 billion, a PE ratio of 24.38 and a beta of 1.02.

MKS Instruments (NASDAQ:MKSI) last released its quarterly earnings results on Wednesday, April 26th. The scientific and technical instruments company reported $1.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.19. MKS Instruments had a return on equity of 17.29% and a net margin of 9.83%. The company had revenue of $437.20 million for the quarter, compared to analyst estimates of $413.26 million. During the same period in the previous year, the company posted $0.38 earnings per share. The firm’s revenue was up 138.0% on a year-over-year basis. On average, equities research analysts anticipate that MKS Instruments will post $4.95 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 9th. Stockholders of record on Monday, May 29th were paid a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 1.03%. The ex-dividend date was Wednesday, May 24th. MKS Instruments’s dividend payout ratio is currently 25.18%.

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In related news, CEO Gerard G. Colella sold 2,500 shares of the company’s stock in a transaction on Friday, May 19th. The stock was sold at an average price of $79.30, for a total transaction of $198,250.00. Following the completion of the sale, the chief executive officer now owns 5,025 shares in the company, valued at $398,482.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Peter Hanley sold 1,200 shares of the company’s stock in a transaction on Monday, May 15th. The shares were sold at an average price of $81.51, for a total value of $97,812.00. Following the sale, the director now owns 4,622 shares of the company’s stock, valued at approximately $376,739.22. The disclosure for this sale can be found here. Insiders sold 31,810 shares of company stock valued at $2,520,987 in the last 90 days. Company insiders own 1.65% of the company’s stock.

A number of hedge funds have recently bought and sold shares of MKSI. BlackRock Inc. boosted its stake in MKS Instruments by 50,850.9% in the first quarter. BlackRock Inc. now owns 6,584,897 shares of the scientific and technical instruments company’s stock worth $452,712,000 after buying an additional 6,571,973 shares during the period. Vanguard Group Inc. boosted its stake in MKS Instruments by 5.0% in the first quarter. Vanguard Group Inc. now owns 4,709,382 shares of the scientific and technical instruments company’s stock worth $323,770,000 after buying an additional 223,363 shares during the period. State Street Corp boosted its stake in MKS Instruments by 3.1% in the first quarter. State Street Corp now owns 1,287,019 shares of the scientific and technical instruments company’s stock worth $88,488,000 after buying an additional 38,586 shares during the period. Bank of New York Mellon Corp boosted its stake in MKS Instruments by 32.6% in the first quarter. Bank of New York Mellon Corp now owns 946,072 shares of the scientific and technical instruments company’s stock worth $65,042,000 after buying an additional 232,778 shares during the period. Finally, OppenheimerFunds Inc. boosted its stake in MKS Instruments by 7.6% in the first quarter. OppenheimerFunds Inc. now owns 925,777 shares of the scientific and technical instruments company’s stock worth $63,648,000 after buying an additional 65,689 shares during the period. Institutional investors own 98.67% of the company’s stock.

About MKS Instruments

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.

Analyst Recommendations for MKS Instruments (NASDAQ:MKSI)

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