Moody Aldrich Partners buys $2,124,240 stake in MKS Instruments (MKSI)

MKS Instruments (MKSI) : Moody Aldrich Partners scooped up 25,385 additional shares in MKS Instruments during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 44,255 shares of MKS Instruments which is valued at $2,124,240.MKS Instruments makes up approximately 1.69% of Moody Aldrich Partners’s portfolio.

Other Hedge Funds, Including , Parkwood sold out all of its stake in MKSI during the most recent quarter. The investment firm sold 7,060 shares of MKSI which is valued $330,337.Cutler Group Lp reduced its stake in MKSI by selling 16 shares or 9.58% in the most recent quarter. The Hedge Fund company now holds 151 shares of MKSI which is valued at $7,047.

MKS Instruments closed down -1.48 points or -3.14% at $45.68 with 11,58,512 shares getting traded on Friday. Post opening the session at $47.16, the shares hit an intraday low of $45.29 and an intraday high of $47.4 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, MKS Instruments reported $0.72 EPS for the quarter, beating the analyst consensus estimate by $ 0.24 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.48. The company had revenue of $325.90 million for the quarter, compared to analysts expectations of $288.62 million. The company’s revenue was up 49.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS.

Many Wall Street Analysts have commented on MKS Instruments. Company shares were Reiterated by Dougherty & Company on Jun 13, 2016 to “Buy”, Firm has raised the Price Target to $ 46 from a previous price target of $45 .Company shares were Reiterated by Stifel on May 12, 2016 to “Buy”, Firm has raised the Price Target to $ 49 from a previous price target of $43 .Company shares were Reiterated by Dougherty & Company on May 2, 2016 to “Buy”, Firm has raised the Price Target to $ 45 from a previous price target of $42 .

MKS Instruments Inc. (MKS) is a provider of instruments subsystems and process control solutions that measures controls powers monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates in four segments: Advanced Manufacturing Capital Equipment; Analytical Solutions Group; Europe Region Sales & Service and Asia Region Sales & Service. The Advanced Manufacturing Capital Equipment segment includes the development manufacture sales and servicing of instruments and control products power and reactive gas products materials delivery products and vacuum products. The Analytical Solutions Group includes gas composition analysis information technology products and custom fabrication services. The Europe and Asia region sales and service segments resell and service the Advanced Manufacturing Capital Equipment and Analytical Solutions Group products sold into their respective regions.

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