Company shares are trading at $101.90 a great deal higher than $92.49, the 50 day moving average and which is quite a bit higher than the 200 day moving average of $81.27. The 50 day moving average was up $9.41 whereas the 200 day moving average was up $20.63 or +25.39%. 12K shares changed hands on Tuesday. Trading volume was down 97.26% under the stocks average daily volume.
Short traders are more bullish on the company at least if you consider the decrease in short interest. The firm had a fall in short interest of -1.54% as of the latest report on September 29, 2017. Short interest fell 26,084 over that timeframe. The days to cover decreased to 3.0 and the short interest percentage is 0.03% as of September 29.
There has been some selling insider activity on MKS Instruments, Inc. (NASDAQ:MKSI) recently. Peter Hanley, Director disclosed the sale of 300 shares of (MKSI). The shares were purchased at an average price of $83.15. Hanley now owns $255,445 of the stock per the Form 4 SEC filing. Brian Charles Quirk, Sr VP reported the sale of 2,000 shares of MKSI stock. The shares were sold on August 8th for an average price of $79.30. The Sr VP now owns $1,251,747 of the stock according to the SEC filing.
A few notable investment firms have updated their holdings. Sit Investment Associates Inc bolstered its ownership by buying 3,425 shares an increase of 9.7% as of 09/30/2017. Sit Investment Associates Inc controls 38,600 shares worth $3,646,000. The total value of its holdings increased 54.0%. As of the end of the quarter Hays Advisory LLC had sold a total of 5,294 shares trimming its position 8.2%. The value of the company’s investment in MKS Instruments, Inc. increased from $4,347,000 to $5,601,000 a change of 28.8% for the reporting period.
Reilly Financial Advisors, LLC downsized its holdings by shedding 225 shares a decrease of 40.2% from 06/30/2017 to 09/30/2017. Reilly Financial Advisors, LLC now controls 335 shares with a value of $32,000. The value of the position overall is down by 15.8%. As of quarter end Robeco Institutional Asset Management B.v. had disposed of 42,571 shares trimming its stake by 17.8%. The value of the investment in MKS Instruments, Inc. went from $16,086,000 to $18,554,000 a change of $2,468,000 quarter to quarter.
Deutsche Bank added the stock to its research portfolio setting a rating of “Buy”.
In the market the company is trading up by 0.79%% since yesterday’s close of 101.1. Additionally the company recently announced a dividend for shareholders paid on Friday the 8th of September 2017. The dividend payment was $0.175 per share for the quarter or $0.70 annualized. The dividend yield was $0.70. The ex-dividend date was set for Thursday the 24th of August 2017.
The most current P/E ratio is 21.17 and the market cap of the company is 5.53B. In the last earnings report the EPS was $4.81 and is projected to be $5.50 for the current year with 54,275,000 shares presently outstanding. Next quarter’s EPS is estimated at $1.34 and the next full year EPS is projected to be $6.00.
MKS Instruments, Inc., launched on June 14, 1961, 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. The Vacuum & Analysis segment provides a range of instruments, components, subsystems and software, which are derived from its core competencies in pressure measurement and control, flow measurement and control, gas and vapor delivery, gas composition analysis, residual gas analysis, leak detection, control and information technology, ozone generation and delivery, radio frequency (RF) and direct current (DC) power, reactive gas generation and vacuum technology. The Light & Motion segment provides a range of instruments, components and subsystems, which are derived from its core competencies in lasers, photonics and optics..