As Mks Instrument INC (MKSI) Market Valuation Declined, Prudential Financial INC Lowered Holding

October 13, 2018 - By Vivian Park

MKS Instruments, Inc. (NASDAQ:MKSI) LogoInvestors sentiment decreased to 1.06 in 2018 Q2. Its down 0.18, from 1.24 in 2018Q1. It dived, 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. 42,107 are held by Comerica National Bank. Lmr Ptnrs Limited Liability Partnership reported 100,045 shares. Employees Retirement Of Ohio owns 132,574 shares or 0.06% of their US portfolio. Cubist Systematic Strategies invested in 23,689 shares or 0.11% of the stock. Cornerstone Incorporated invested in 0% or 7 shares. Ameriprise has invested 0.03% in MKS Instruments, Inc. (NASDAQ:MKSI). Brown Brothers Harriman And Communication holds 0% or 350 shares in its portfolio. State Board Of Administration Of Florida Retirement Systems reported 0.02% stake. Utd Services Automobile Association owns 10,692 shares. Aperio Group Inc Ltd Liability holds 0.01% of its portfolio in MKS Instruments, Inc. (NASDAQ:MKSI) for 22,062 shares. 61,052 were reported by Hl Finance Service Ltd Liability Company. Somerset reported 5,266 shares or 0.27% of all its holdings. Tiaa Cref Invest Management Limited Co, New York-based fund reported 133,738 shares. Suntrust Banks Inc owns 2,302 shares for 0% of their portfolio. Advisory Service Limited Com holds 0% in MKS Instruments, Inc. (NASDAQ:MKSI) or 80 shares.

Since May 1, 2018, it had 0 insider buys, and 11 selling transactions for $1.83 million activity. Another trade for 516 shares valued at $60,075 was sold by Mora Elizabeth. HANLEY PETER sold $58,997 worth of stock. The insider CHUTE RICHARD S sold $220,171. $15,663 worth of MKS Instruments, Inc. (NASDAQ:MKSI) shares were sold by Abrams John R. On Monday, June 11 Moloney Jacqueline F sold $75,151 worth of MKS Instruments, Inc. (NASDAQ:MKSI) or 750 shares. COLELLA GERARD G sold $1.02M worth of stock or 10,000 shares.

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 1.08M 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 $4.10 billion 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 Lyon William Homes (NYSE:WLH) by 246,802 shares to 352,377 shares, valued at $8.18M in 2018Q2, according to the filing. It also increased its holding in Energen Corp (NYSE:EGN) by 688,040 shares in the quarter, for a total of 750,793 shares, and has risen its stake in Life Storage 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 $94.79 million 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: Seekingalpha.com which released: “Is MKSI Worth It?” on September 27, 2018. Also Globenewswire.com published the news titled: “Consolidated Research: 2018 Summary Expectations for Casella Waste, ServiceNow, MKS Instruments, FirstEnergy …” on October 11, 2018. Globenewswire.com‘s news article titled: “MKS Instruments Announces Third Quarter 2018 Earnings Conference Call” with publication date: October 09, 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. Benchmark initiated it with “Buy” rating and $14000 target in Thursday, May 31 report. The company was maintained on Friday, July 13 by Citigroup. Citigroup maintained the shares of MKSI in report on Tuesday, September 25 with “Buy” rating. The rating was maintained by Benchmark on Thursday, June 21 with “Buy”. On Monday, June 18 the stock rating was maintained by Stifel Nicolaus with “Buy”. Citigroup maintained MKS Instruments, Inc. (NASDAQ:MKSI) rating on Monday, July 30. Citigroup has “Buy” rating and $118 target.

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

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