Empire Capital Management L.l.c. adds MKS Instruments (MKSI) to its portfolio

MKS Instruments (MKSI) : Empire Capital Management L.l.c. added new position in MKS Instruments during the most recent quarter end. The investment management firm now holds 8,500 shares of MKS Instruments which is valued at $399,245 , the company said in a statement filed on Aug 15, 2016 with the SEC.MKS Instruments makes up approximately 1.18% of Empire Capital Management L.l.c.’s portfolio.

Other Hedge Funds, Including , Tudor Investment Corp Et Al boosted its stake in MKSI in the latest quarter, The investment management firm added 18,147 additional shares and now holds a total of 24,381 shares of MKS Instruments which is valued at $1,145,176. MKS Instruments makes up approx 0.04% of Tudor Investment Corp Et Al’s portfolio.Mesirow Financial Investment Management – Equity Management boosted its stake in MKSI in the latest quarter, The investment management firm added 462,547 additional shares and now holds a total of 506,010 shares of MKS Instruments which is valued at $23,600,306. MKS Instruments makes up approx 1.34% of Mesirow Financial Investment Management – Equity Management’s portfolio.Los Angeles Capital Management Equity Research Inc reduced its stake in MKSI by selling 4,218 shares or 12.45% in the most recent quarter. The Hedge Fund company now holds 29,664 shares of MKSI which is valued at $1,383,529. MKS Instruments makes up approx 0.01% of Los Angeles Capital Management Equity Research Inc’s portfolio.First Trust Advisors Lp reduced its stake in MKSI by selling 6,711 shares or 11.53% in the most recent quarter. The Hedge Fund company now holds 51,486 shares of MKSI which is valued at $2,423,961. MKS Instruments makes up approx 0.01% of First Trust Advisors Lp’s portfolio.

MKS Instruments closed down -0.09 points or -0.18% at $48.81 with 369,883 shares getting traded on Wednesday. Post opening the session at $48.74, the shares hit an intraday low of $48.2023 and an intraday high of $48.87 and the price fluctuated in this range throughout the day.Shares ended Wednesday 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 .

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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