Atria Investments Inc Has $483,000 Holdings in MKS Instruments, Inc. (NASDAQ:MKSI)

Atria Investments Inc decreased its holdings in MKS Instruments, Inc. (NASDAQ:MKSI) by 12.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,627 shares of the scientific and technical instruments company’s stock after selling 683 shares during the period. Atria Investments Inc’s holdings in MKS Instruments were worth $483,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in MKSI. Steward Partners Investment Advisory LLC lifted its position in MKS Instruments by 68.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 263 shares of the scientific and technical instruments company’s stock worth $27,000 after buying an additional 107 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of MKS Instruments during the 4th quarter valued at $36,000. Versant Capital Management Inc boosted its stake in shares of MKS Instruments by 58.0% during the 4th quarter. Versant Capital Management Inc now owns 433 shares of the scientific and technical instruments company’s stock valued at $45,000 after buying an additional 159 shares during the period. Blue Trust Inc. boosted its stake in shares of MKS Instruments by 424.1% during the 4th quarter. Blue Trust Inc. now owns 414 shares of the scientific and technical instruments company’s stock valued at $45,000 after buying an additional 335 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of MKS Instruments during the 3rd quarter valued at $50,000. Institutional investors and hedge funds own 99.79% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. JPMorgan Chase & Co. assumed coverage on shares of MKS Instruments in a research report on Friday, December 13th. They set an “overweight” rating and a $145.00 target price on the stock. Morgan Stanley lowered their price target on MKS Instruments from $150.00 to $147.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Benchmark reduced their price objective on shares of MKS Instruments from $142.00 to $135.00 and set a “buy” rating for the company in a research note on Friday, February 14th. Needham & Company LLC dropped their target price on shares of MKS Instruments from $156.00 to $145.00 and set a “buy” rating on the stock in a report on Friday, February 14th. Finally, Citigroup upgraded shares of MKS Instruments from a “neutral” rating to a “buy” rating and set a $130.00 price target for the company in a report on Monday, January 6th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $140.08.

MKS Instruments Stock Up 6.3 %

NASDAQ:MKSI opened at $86.32 on Friday. The stock’s fifty day moving average price is $104.32 and its two-hundred day moving average price is $107.10. MKS Instruments, Inc. has a 52-week low of $76.37 and a 52-week high of $147.40. The company has a debt-to-equity ratio of 1.93, a quick ratio of 2.04 and a current ratio of 3.19. The company has a market cap of $5.82 billion, a price-to-earnings ratio of 30.83, a P/E/G ratio of 1.02 and a beta of 1.76.

MKS Instruments (NASDAQ:MKSI) last posted its quarterly earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.92 by $0.23. MKS Instruments had a return on equity of 18.94% and a net margin of 5.30%. On average, analysts anticipate that MKS Instruments, Inc. will post 6.94 EPS for the current year.

MKS Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Monday, February 24th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date was Monday, February 24th. MKS Instruments’s dividend payout ratio (DPR) is currently 31.43%.

Insider Activity

In related news, Director Gerard G. Colella sold 8,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $104.53, for a total transaction of $836,240.00. Following the sale, the director now owns 60,017 shares of the company’s stock, valued at approximately $6,273,577.01. This trade represents a 11.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Elizabeth Mora sold 275 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $92.46, for a total value of $25,426.50. Following the transaction, the director now owns 17,384 shares of the company’s stock, valued at approximately $1,607,324.64. This trade represents a 1.56 % decrease in their position. The disclosure for this sale can be found here. 0.51% of the stock is currently owned by company insiders.

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.