Hays Advisory Lowers stake in MKS Instruments (MKSI)

MKS Instruments (MKSI) : Hays Advisory reduced its stake in MKS Instruments by 9.36% during the most recent quarter end. The investment management company now holds a total of 163,298 shares of MKS Instruments which is valued at $8,060,389 after selling 16,860 shares in MKS Instruments , the firm said in a disclosure report filed with the SEC on Oct 11, 2016.MKS Instruments makes up approximately 1.37% of Hays Advisory’s portfolio.

Other Hedge Funds, Including , Cutler Group Lp reduced its stake in MKSI by selling 150 shares or 99.34% in the most recent quarter. The Hedge Fund company now holds 1 shares of MKSI which is valued at $49. Advisory Services Network added MKSI to its portfolio by purchasing 50 company shares during the most recent quarter which is valued at $2,489. First Mercantile Trust Co added MKSI to its portfolio by purchasing 5,800 company shares during the most recent quarter which is valued at $288,666. MKS Instruments makes up approx 0.04% of First Mercantile Trust Co’s portfolio.Simplex Trading boosted its stake in MKSI in the latest quarter, The investment management firm added 2,329 additional shares and now holds a total of 2,830 shares of MKS Instruments which is valued at $140,849. MKS Instruments makes up approx 0.02% of Simplex Trading’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in MKSI by selling 8,446 shares or 46.28% in the most recent quarter. The Hedge Fund company now holds 9,805 shares of MKSI which is valued at $484,661.

MKS Instruments closed down -1.4 points or -2.84% at $47.96 with 4,58,644 shares getting traded on Tuesday. Post opening the session at $49.26, the shares hit an intraday low of $47.72 and an intraday high of $49.26 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.

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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