Mks Instrument INC (MKSI) Shareholder Prudential Financial INC Has Cut Stake by $4.72 Million as Valuation Declined

October 13, 2018 - By olga

MKS Instruments, Inc. (NASDAQ:MKSI) LogoInvestors sentiment decreased to 1.06 in 2018 Q2. Its down 0.18, from 1.24 in 2018Q1. It worsened, as 44 investors sold MKSI shares while 123 reduced holdings. 59 funds opened positions while 118 raised stakes. 48.79 million shares or 3.23% less from 50.42 million shares in 2018Q1 were reported. Timessquare Cap Management Limited Liability Company, a New York-based fund reported 989,625 shares. Amp Cap holds 0% or 4,600 shares. Profund Advisors Ltd Liability Co reported 0.07% stake. Qs Investors Limited Liability holds 0% of its portfolio in MKS Instruments, Inc. (NASDAQ:MKSI) for 4,062 shares. Brinker Capital Inc owns 15,255 shares. Paradigm Mgmt reported 0.24% in MKS Instruments, Inc. (NASDAQ:MKSI). Nordea Inv Management holds 0.01% or 24,200 shares in its portfolio. Coldstream Capital Mgmt has invested 0.03% in MKS Instruments, Inc. (NASDAQ:MKSI). International Grp Inc Inc owns 110,345 shares or 0.04% of their US portfolio. Cap Fund Management invested 0% in MKS Instruments, Inc. (NASDAQ:MKSI). Fisher Asset Ltd Liability invested in 574,609 shares or 0.07% of the stock. Amundi Pioneer Asset stated it has 283,471 shares or 0.04% of all its holdings. Ledyard Bancorporation holds 250 shares. Wells Fargo Mn owns 0.03% invested in MKS Instruments, Inc. (NASDAQ:MKSI) for 930,267 shares. Tdam Usa Inc stated it has 0.06% of its portfolio in MKS Instruments, Inc. (NASDAQ:MKSI).

Since May 1, 2018, it had 0 insider purchases, and 11 insider sales for $1.83 million activity. Quirk Brian Charles also sold $218,800 worth of MKS Instruments, Inc. (NASDAQ:MKSI) on Monday, May 7. Mora Elizabeth had sold 516 shares worth $60,075. Shares for $220,171 were sold by CHUTE RICHARD S on Wednesday, May 9. COLELLA GERARD G sold $1.02M worth of stock or 10,000 shares. 750 shares were sold by Moloney Jacqueline F, worth $75,151. Abrams John R sold $15,663 worth of stock.

Prudential Financial Inc decreased its stake in Mks Instrument Inc (MKSI) by 4.38% based on its latest 2018Q2 regulatory filing with the SEC. Prudential Financial Inc sold 49,665 shares as the company’s stock declined 21.32% while stock markets rallied. The institutional investor held 1.08 million shares of the capital goods company at the end of 2018Q2, valued at $103.74 million, down from 1.13 million at the end of the previous reported quarter. Prudential Financial Inc who had been investing in Mks Instrument Inc for a number of months, seems to be less bullish one the $4.10B market cap company. The stock increased 2.16% or $1.58 during the last trading session, reaching $74.85. About 424,310 shares traded. MKS Instruments, Inc. (NASDAQ:MKSI) has declined 5.76% since October 13, 2017 and is downtrending. It has underperformed by 21.38% the S&P500.

Prudential Financial Inc, which manages about $66.90B US Long portfolio, upped its stake in State Str Corp (NYSE:STT) by 892,553 shares to 1.48 million shares, valued at $137.42 million in 2018Q2, according to the filing. It also increased its holding in Lasalle Hotel Pptys (NYSE:LHO) by 769,720 shares in the quarter, for a total of 847,948 shares, and has risen its stake in Appfolio Inc.

Analysts await MKS Instruments, Inc. (NASDAQ:MKSI) to report earnings on October, 23. They expect $1.73 earnings per share, up 10.90 % or $0.17 from last year’s $1.56 per share. MKSI’s profit will be $94.79M for 10.82 P/E if the $1.73 EPS becomes a reality. After $2.33 actual earnings per share reported by MKS Instruments, Inc. for the previous quarter, Wall Street now forecasts -25.75 % negative EPS growth.

More recent MKS Instruments, Inc. (NASDAQ:MKSI) news were published by: Globenewswire.com which released: “Consolidated Research: 2018 Summary Expectations for Casella Waste, ServiceNow, MKS Instruments, FirstEnergy …” on October 11, 2018. Also Globenewswire.com published the news titled: “MKS Instruments Announces Third Quarter 2018 Earnings Conference Call” on October 09, 2018. Seekingalpha.com‘s news article titled: “Is MKSI Worth It?” with publication date: September 27, 2018 was also an interesting one.

MKS Instruments, Inc. (NASDAQ:MKSI) Ratings Coverage

Among 5 analysts covering MKS Instruments (NASDAQ:MKSI), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. MKS Instruments had 8 analyst reports since May 15, 2018 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Friday, July 13. The stock of MKS Instruments, Inc. (NASDAQ:MKSI) earned “Buy” rating by Citigroup on Tuesday, September 25. As per Thursday, May 31, the company rating was initiated by Benchmark. The firm has “Buy” rating given on Monday, July 30 by Citigroup. As per Monday, June 18, the company rating was maintained by Stifel Nicolaus. The stock of MKS Instruments, Inc. (NASDAQ:MKSI) has “Buy” rating given on Thursday, June 21 by Benchmark.

MKS Instruments, Inc. (NASDAQ:MKSI) Institutional Positions Chart

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