Cantab Capital Partners Llp buys $2,053,341 stake in MKS Instruments (MKSI)

MKS Instruments (MKSI) : Cantab Capital Partners Llp scooped up 5,594 additional shares in MKS Instruments during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 43,716 shares of MKS Instruments which is valued at $2,053,341.MKS Instruments makes up approximately 0.48% of Cantab Capital Partners Llp’s portfolio.

Other Hedge Funds, Including , Municipal Employees’ Retirement System Of Michigan boosted its stake in MKSI in the latest quarter, The investment management firm added 330 additional shares and now holds a total of 14,270 shares of MKS Instruments which is valued at $670,262. MKS Instruments makes up approx 0.03% of Municipal Employees’ Retirement System Of Michigan’s portfolio.Broadview Advisors boosted its stake in MKSI in the latest quarter, The investment management firm added 1,250 additional shares and now holds a total of 375,800 shares of MKS Instruments which is valued at $17,651,326. MKS Instruments makes up approx 2.49% of Broadview Advisors’s portfolio. Oppenheimer Co Inc added MKSI to its portfolio by purchasing 8,072 company shares during the most recent quarter which is valued at $376,478. MKS Instruments makes up approx 0.01% of Oppenheimer Co Inc’s portfolio.Thompson Siegel Walmsley reduced its stake in MKSI by selling 17,229 shares or 4.72% in the most recent quarter. The Hedge Fund company now holds 347,944 shares of MKSI which is valued at $16,381,204. MKS Instruments makes up approx 0.25% of Thompson Siegel Walmsley’s portfolio.

MKS Instruments opened for trading at $48.89 and hit $49.29 on the upside on Thursday, eventually ending the session at $49.25, with a gain of 1.05% or 0.51 points. The heightened volatility saw the trading volume jump to 3,75,652 shares. Company has a market cap of $2,638 M.

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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