Hudson Value Partners LLC Sells 19,102 Shares of MKS Instruments, Inc. (NASDAQ:MKSI)

Hudson Value Partners LLC cut its holdings in MKS Instruments, Inc. (NASDAQ:MKSI - Free Report) by 82.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,169 shares of the scientific and technical instruments company's stock after selling 19,102 shares during the period. Hudson Value Partners LLC's holdings in MKS Instruments were worth $435,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. GTS Securities LLC increased its stake in MKS Instruments by 41.5% during the 4th quarter. GTS Securities LLC now owns 9,357 shares of the scientific and technical instruments company's stock worth $977,000 after acquiring an additional 2,745 shares during the period. PharVision Advisers LLC acquired a new stake in shares of MKS Instruments during the 4th quarter worth $261,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of MKS Instruments by 20.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 258,251 shares of the scientific and technical instruments company's stock worth $26,959,000 after purchasing an additional 44,106 shares during the period. Two Sigma Investments LP bought a new position in shares of MKS Instruments in the fourth quarter worth $4,405,000. Finally, Systematic Financial Management LP raised its stake in MKS Instruments by 10.5% in the fourth quarter. Systematic Financial Management LP now owns 219,678 shares of the scientific and technical instruments company's stock valued at $22,932,000 after purchasing an additional 20,845 shares in the last quarter. 99.79% of the stock is owned by institutional investors.

MKS Instruments Trading Down 1.4%

Shares of NASDAQ:MKSI traded down $1.19 during midday trading on Wednesday, hitting $86.26. 152,863 shares of the stock were exchanged, compared to its average volume of 1,053,248. The business's 50-day moving average price is $76.36 and its 200 day moving average price is $95.89. MKS Instruments, Inc. has a 12 month low of $54.84 and a 12 month 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 stock has a market capitalization of $5.82 billion, a price-to-earnings ratio of 30.83, a P/E/G ratio of 1.02 and a beta of 1.80.

MKS Instruments (NASDAQ:MKSI - Get Free Report) last posted its earnings results on Wednesday, May 7th. The scientific and technical instruments company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.42 by $0.29. MKS Instruments had a net margin of 5.30% and a return on equity of 18.94%. The business had revenue of $936.00 million for the quarter, compared to the consensus estimate of $913.59 million. During the same period last year, the company earned $1.18 EPS. The firm's revenue was up 7.8% compared to the same quarter last year. Analysts predict that MKS Instruments, Inc. will post 6.94 earnings per share for the current year.

MKS Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Tuesday, May 27th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.02%. The ex-dividend date of this dividend is Tuesday, May 27th. MKS Instruments's dividend payout ratio is currently 26.27%.

Wall Street Analysts Forecast Growth

MKSI has been the topic of several recent analyst reports. Morgan Stanley raised their target price on shares of MKS Instruments from $93.00 to $100.00 and gave the company an "overweight" rating in a report on Friday, May 23rd. Needham & Company LLC lowered their price objective on shares of MKS Instruments from $145.00 to $140.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Deutsche Bank Aktiengesellschaft raised MKS Instruments from a "hold" rating to a "buy" rating and set a $110.00 target price on the stock in a report on Tuesday, May 20th. The Goldman Sachs Group lifted their price target on MKS Instruments from $128.00 to $129.00 and gave the company a "neutral" rating in a research note on Friday, February 14th. Finally, Benchmark dropped their price objective on MKS Instruments from $142.00 to $135.00 and set a "buy" rating for the company in a research report on Friday, February 14th. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, MKS Instruments presently has an average rating of "Moderate Buy" and an average target price of $134.92.

Insiders Place Their Bets

In other news, Director Elizabeth Mora sold 275 shares of the company's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $92.46, for a total value of $25,426.50. Following the sale, the director now directly owns 17,384 shares of the company's stock, valued at approximately $1,607,324.64. This represents a 1.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.57% of the company's stock.

About MKS Instruments

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.