Mn Services Vermogensbeheer B.V. Has $4.79 Million Position in Entegris, Inc. (NASDAQ:ENTG)

Mn Services Vermogensbeheer B.V. lessened its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 9.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 54,800 shares of the semiconductor company's stock after selling 5,800 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Entegris were worth $4,794,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ENTG. Norges Bank bought a new stake in shares of Entegris during the 4th quarter worth $445,988,000. Price T Rowe Associates Inc. MD boosted its holdings in Entegris by 33.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,194,612 shares of the semiconductor company's stock valued at $1,108,940,000 after purchasing an additional 2,826,463 shares during the period. D1 Capital Partners L.P. boosted its holdings in Entegris by 329.4% in the 4th quarter. D1 Capital Partners L.P. now owns 2,752,902 shares of the semiconductor company's stock valued at $272,702,000 after purchasing an additional 2,111,801 shares during the period. Deutsche Bank AG boosted its holdings in Entegris by 434.1% in the 4th quarter. Deutsche Bank AG now owns 1,470,162 shares of the semiconductor company's stock valued at $145,634,000 after purchasing an additional 1,194,903 shares during the period. Finally, TPG GP A LLC acquired a new position in shares of Entegris in the 4th quarter valued at $115,639,000.

Entegris Price Performance

Shares of NASDAQ ENTG traded down $0.31 during trading on Thursday, reaching $76.24. The company had a trading volume of 2,754,094 shares, compared to its average volume of 2,680,826. Entegris, Inc. has a 52 week low of $60.75 and a 52 week high of $147.57. The stock has a market cap of $11.54 billion, a PE ratio of 37.37, a PEG ratio of 1.71 and a beta of 1.24. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.95 and a current ratio of 3.26. The business's 50 day moving average price is $75.59 and its 200-day moving average price is $90.84.

Entegris (NASDAQ:ENTG - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.02). Entegris had a return on equity of 12.48% and a net margin of 9.57%. The business had revenue of $773.20 million for the quarter, compared to analyst estimates of $790.75 million. During the same quarter in the prior year, the firm earned $0.68 EPS. The firm's quarterly revenue was up .3% compared to the same quarter last year. Analysts expect that Entegris, Inc. will post 3.51 earnings per share for the current year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend was Wednesday, April 30th. Entegris's dividend payout ratio is 19.61%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ENTG shares. Wall Street Zen cut shares of Entegris from a "hold" rating to a "sell" rating in a research note on Saturday, April 19th. KeyCorp dropped their price objective on shares of Entegris from $130.00 to $117.00 and set an "overweight" rating for the company in a research note on Thursday, May 8th. Needham & Company LLC restated a "buy" rating and issued a $100.00 price objective on shares of Entegris in a research note on Tuesday, May 20th. Citigroup dropped their price objective on shares of Entegris from $125.00 to $102.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. Finally, UBS Group dropped their price objective on shares of Entegris from $90.00 to $85.00 and set a "neutral" rating for the company in a research note on Thursday, May 8th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $113.00.

About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates in three segments: Materials Solutions (MS); Microcontamination Control (MC); and Advanced Materials Handling (AMH).