DekaBank Deutsche Girozentrale Sells 60,655 Shares of Entegris, Inc. (NASDAQ:ENTG)

DekaBank Deutsche Girozentrale lowered its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 9.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 594,853 shares of the semiconductor company's stock after selling 60,655 shares during the quarter. DekaBank Deutsche Girozentrale owned approximately 0.39% of Entegris worth $51,645,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Central Pacific Bank Trust Division boosted its position in shares of Entegris by 125.7% during the 1st quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock valued at $27,000 after acquiring an additional 171 shares during the last quarter. Quarry LP bought a new stake in shares of Entegris during the 4th quarter valued at about $28,000. Neo Ivy Capital Management bought a new stake in shares of Entegris during the 4th quarter valued at about $34,000. Curat Global LLC bought a new stake in shares of Entegris during the 1st quarter valued at about $39,000. Finally, Proficio Capital Partners LLC bought a new stake in shares of Entegris during the 4th quarter valued at about $42,000.

Entegris Trading Up 1.2%

Shares of Entegris stock traded up $1.01 during midday trading on Thursday, reaching $88.00. 2,249,972 shares of the company's stock traded hands, compared to its average volume of 2,769,938. 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 company has a market cap of $13.32 billion, a PE ratio of 43.14, a price-to-earnings-growth ratio of 1.95 and a beta of 1.27. The stock has a 50 day moving average of $78.44 and a 200-day moving average of $88.47. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $147.57.

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

Entegris Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th were issued a $0.10 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.45%. Entegris's dividend payout ratio (DPR) is 19.61%.

Analyst Ratings Changes

ENTG has been the subject of a number of research analyst reports. KeyCorp dropped their price target on Entegris from $130.00 to $117.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. Needham & Company LLC restated a "buy" rating and issued a $100.00 target price on shares of Entegris in a research report on Tuesday, May 20th. Wall Street Zen downgraded Entegris from a "hold" rating to a "sell" rating in a research report on Saturday, April 19th. The Goldman Sachs Group initiated coverage on Entegris in a research report on Thursday. They issued a "neutral" rating and a $85.00 target price for the company. Finally, Citigroup dropped their target price on Entegris from $125.00 to $102.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $109.89.

Entegris Profile

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).