Robeco Institutional Asset Management B.v. Adjusts Its Stake in MKS Instruments, Inc. (MKSI) Last Quarter


MKS Instruments, Inc. (NASDAQ:MKSI).

Robeco Institutional Asset Management B.v. reports that it sold 42,571 shares in quarter ending 09/30/2017 decreasing its stake in MKS Instruments, Inc. (MKSI) by 17.8%. Its position was worth $18,554,000 an increase of $2,468,000 as of quarter end.

Robeco Institutional Asset Management B.v. isn’t the only one who has changed their investment in MKSI. Sit Investment Associates Inc expanded its ownership by buying 3,425 shares an increase of 9.7% from 06/30/2017 to 09/30/2017. Sit Investment Associates Inc owns 38,600 shares valued at $3,646,000. The total value of its holdings increased 54.0%. As of quarter end Hays Advisory LLC had disposed of a total of 5,294 shares trimming its holdings by 8.2%. The value of the investment in MKSI increased from $4,347,000 to $5,601,000 a change of $1,254,000 for the reporting period.

Reilly Financial Advisors, LLC reduced its holdings by selling 225 shares a decrease of 40.2%. 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%.

On July 6 analysts at Deutsche Bank began coverage with an initial rating of “Buy”.

The company is so far trading up by 0.79%% since yesterday’s close of 101.1. MKS Instruments, Inc. also recently announced a dividend for shareholders paid on Friday September 8th, 2017. The dividend was $0.175 per share for the quarter or $0.70 on an annualized basis. This dividend amount represented a yield of $0.70. The ex-dividend date was set for Thursday the 24th of August 2017.

Shares last traded at $101.90 impressively higher than the 50 day moving average of $92.49 and which is significantly above the 200 day moving average of $81.27. The 50 day moving average was up $9.41 or +10.18% and the 200 day average went up $20.63 or +25.39%.

MKS Instruments, Inc.’s P/E ratio is 21.17 and the market value is 5.53B. As of the latest earnings report the EPS was $4.81 and is estimated to be $5.50 for the current year with 54,275,000 shares presently outstanding. Next quarter’s EPS is forecasted at $1.34 and the next full year EPS is anticipated to be $6.00.

Investors are feeling more bullish recently 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 shares decreased from 1,697,406 to 1,671,322 over that timeframe. Days to cover decreased -1.0 to 3.0 and the percentage of shorted shares is 0.03% as of September 29.