Yousif Capital Management LLC Makes New Investment in Entegris, Inc. (NASDAQ:ENTG)

Yousif Capital Management LLC acquired a new position in Entegris, Inc. (NASDAQ:ENTG - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 52,320 shares of the semiconductor company's stock, valued at approximately $4,577,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Central Pacific Bank Trust Division lifted its stake in Entegris by 125.7% during the first quarter. Central Pacific Bank Trust Division now owns 307 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 171 shares during the last quarter. Quarry LP purchased a new position in shares of Entegris during the 4th quarter valued at about $28,000. Neo Ivy Capital Management bought a new stake in Entegris in the 4th quarter worth approximately $34,000. Curat Global LLC purchased a new stake in Entegris in the first quarter worth approximately $39,000. Finally, Proficio Capital Partners LLC purchased a new stake in Entegris in the fourth quarter worth approximately $42,000.

Analysts Set New Price Targets

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

Entegris Trading Down 5.4%

Entegris stock traded down $4.28 during trading hours on Friday, reaching $75.34. The stock had a trading volume of 3,669,721 shares, compared to its average volume of 2,655,455. The company has a fifty day simple moving average of $74.97 and a 200-day simple moving average of $91.86. 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 $11.41 billion, a PE ratio of 39.04, a PEG ratio of 1.50 and a beta of 1.24. The company has a debt-to-equity ratio of 1.08, a current ratio of 3.08 and a quick ratio of 1.86.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported $0.67 earnings per share (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 quarter in the prior year, the firm earned $0.68 EPS. The firm's revenue for the quarter was up .3% on a year-over-year basis. Analysts forecast that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, April 30th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date was Wednesday, April 30th. Entegris's payout ratio is 19.61%.

Entegris Company 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).