Twinbeech Capital LP Has $5.65 Million Holdings in MKS Instruments, Inc. (NASDAQ:MKSI)

Twinbeech Capital LP cut its holdings in MKS Instruments, Inc. (NASDAQ:MKSI - Free Report) by 67.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 54,153 shares of the scientific and technical instruments company's stock after selling 110,734 shares during the period. Twinbeech Capital LP owned about 0.08% of MKS Instruments worth $5,653,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Steward Partners Investment Advisory LLC boosted its stake in MKS Instruments by 68.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 263 shares of the scientific and technical instruments company's stock valued at $27,000 after purchasing an additional 107 shares during the period. Proficio Capital Partners LLC acquired a new position in MKS Instruments during the 4th quarter valued at about $36,000. TD Private Client Wealth LLC acquired a new position in MKS Instruments during the 4th quarter valued at about $39,000. Blue Trust Inc. boosted its stake in 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 purchasing an additional 335 shares during the period. Finally, Harvest Fund Management Co. Ltd boosted its stake in MKS Instruments by 24,900.0% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 500 shares of the scientific and technical instruments company's stock valued at $52,000 after purchasing an additional 498 shares during the period. 99.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Elizabeth Mora sold 275 shares of the business's stock in a transaction that occurred 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 in the company, valued at $1,607,324.64. The trade was a 1.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.57% of the company's stock.

MKS Instruments Price Performance

Shares of MKSI stock traded down $1.07 during midday trading on Friday, reaching $83.82. 767,566 shares of the company were exchanged, compared to its average volume of 1,056,483. 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's 50 day moving average price is $76.58 and its two-hundred day moving average price is $96.31. MKS Instruments, Inc. has a 12 month low of $54.84 and a 12 month high of $147.40. The company has a market cap of $5.65 billion, a P/E ratio of 29.94, a PEG ratio of 1.02 and a beta of 1.80.

MKS Instruments (NASDAQ:MKSI - Get Free Report) last released its earnings results on Wednesday, May 7th. The scientific and technical instruments company reported $1.71 EPS for the quarter, topping analysts' consensus estimates 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 in the previous year, the firm earned $1.18 EPS. The business's revenue for the quarter was up 7.8% on a year-over-year basis. On average, sell-side analysts expect that MKS Instruments, Inc. will post 6.94 earnings per share for the current year.

MKS Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Tuesday, May 27th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Tuesday, May 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.05%. MKS Instruments's payout ratio is currently 26.27%.

Analysts Set New Price Targets

A number of research firms have issued reports on MKSI. The Goldman Sachs Group boosted their target price on shares of MKS Instruments from $128.00 to $129.00 and gave the company a "neutral" rating in a research note on Friday, February 14th. Benchmark reduced their target price 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 reduced their target price on shares of MKS Instruments from $145.00 to $140.00 and set a "buy" rating for the company in a research note on Friday, May 9th. Morgan Stanley boosted their target price on shares of MKS Instruments from $93.00 to $100.00 and gave the company an "overweight" rating in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of MKS Instruments from a "hold" rating to a "buy" rating and set a $110.00 price target on the stock in a research report on Tuesday, May 20th. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, MKS Instruments currently has an average rating of "Moderate Buy" and a consensus price target of $134.92.

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.