122,548 Shares in Entegris, Inc. (NASDAQ:ENTG) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 122,548 shares of the semiconductor company's stock, valued at approximately $12,140,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.08% of Entegris as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Quarry LP bought a new position in Entegris during the fourth quarter valued at $28,000. Neo Ivy Capital Management bought a new position in Entegris during the 4th quarter valued at about $34,000. Proficio Capital Partners LLC purchased a new stake in Entegris in the 4th quarter worth about $42,000. Parvin Asset Management LLC purchased a new stake in Entegris in the 4th quarter worth about $69,000. Finally, Promus Capital LLC bought a new stake in Entegris in the fourth quarter worth about $71,000.

Analyst Upgrades and Downgrades

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

Entegris Stock Up 1.9%

Shares of ENTG stock traded up $1.36 on Wednesday, hitting $73.17. The stock had a trading volume of 967,081 shares, compared to its average volume of 2,559,926. Entegris, Inc. has a one year low of $60.75 and a one year high of $147.57. The business has a 50 day moving average price of $75.34 and a 200 day moving average price of $93.09. The company has a market cap of $11.08 billion, a PE ratio of 37.91, a P/E/G ratio of 1.50 and a beta of 1.33. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08.

Entegris (NASDAQ:ENTG - Get Free Report) last posted 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). Entegris had a net margin of 9.03% and a return on equity of 12.83%. The business had revenue of $773.20 million for the quarter, compared to analysts' expectations of $790.75 million. During the same period last year, the business posted $0.68 EPS. The company's revenue for the quarter was up .3% on a year-over-year basis. Research analysts anticipate that Entegris, Inc. will post 3.51 earnings per share for the current fiscal year.

Entegris Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, April 30th were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, April 30th. This represents a $0.40 annualized dividend and a yield of 0.55%. Entegris's dividend payout ratio (DPR) is presently 19.61%.

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).