Entegris Inc (ENTG) Shares Sold by Trexquant Investment LP

Trexquant Investment LP cut its stake in Entegris Inc (NASDAQ:ENTG) by 55.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 16,503 shares of the semiconductor company’s stock after selling 20,674 shares during the quarter. Trexquant Investment LP’s holdings in Entegris were worth $478,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of ENTG. Raymond James & Associates increased its stake in shares of Entegris by 2.1% during the second quarter. Raymond James & Associates now owns 72,572 shares of the semiconductor company’s stock valued at $2,460,000 after purchasing an additional 1,482 shares in the last quarter. Lido Advisors LLC increased its stake in shares of Entegris by 27.0% during the second quarter. Lido Advisors LLC now owns 8,390 shares of the semiconductor company’s stock valued at $284,000 after purchasing an additional 1,786 shares in the last quarter. Vident Investment Advisory LLC increased its stake in shares of Entegris by 1.6% during the second quarter. Vident Investment Advisory LLC now owns 118,978 shares of the semiconductor company’s stock valued at $4,033,000 after purchasing an additional 1,907 shares in the last quarter. First Interstate Bank increased its stake in shares of Entegris by 82.2% during the third quarter. First Interstate Bank now owns 4,465 shares of the semiconductor company’s stock valued at $129,000 after purchasing an additional 2,015 shares in the last quarter. Finally, Putnam Investments LLC increased its stake in shares of Entegris by 4.3% during the second quarter. Putnam Investments LLC now owns 54,454 shares of the semiconductor company’s stock valued at $1,846,000 after purchasing an additional 2,254 shares in the last quarter. Institutional investors and hedge funds own 95.61% of the company’s stock.

NASDAQ:ENTG opened at $28.55 on Thursday. The company has a quick ratio of 2.64, a current ratio of 3.89 and a debt-to-equity ratio of 0.60. Entegris Inc has a 12 month low of $23.39 and a 12 month high of $39.55. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 19.83 and a beta of 1.44.

Entegris (NASDAQ:ENTG) last posted its earnings results on Thursday, October 25th. The semiconductor company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03). Entegris had a return on equity of 25.34% and a net margin of 8.78%. The company had revenue of $398.60 million during the quarter, compared to the consensus estimate of $401.79 million. On average, sell-side analysts forecast that Entegris Inc will post 1.88 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 21st. Shareholders of record on Wednesday, October 31st were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend was Tuesday, October 30th. Entegris’s dividend payout ratio (DPR) is presently 19.44%.

Several equities research analysts recently weighed in on ENTG shares. BidaskClub downgraded shares of Entegris from a “hold” rating to a “sell” rating in a research report on Wednesday, August 15th. Goldman Sachs Group downgraded shares of Entegris from a “conviction-buy” rating to a “buy” rating in a research report on Wednesday, September 12th. ValuEngine downgraded shares of Entegris from a “hold” rating to a “sell” rating in a research report on Tuesday, September 18th. Zacks Investment Research downgraded shares of Entegris from a “buy” rating to a “hold” rating in a research report on Tuesday, September 18th. Finally, Deutsche Bank raised shares of Entegris from a “hold” rating to a “buy” rating and reduced their price target for the company from $40.00 to $38.00 in a research report on Monday, October 1st. Three analysts have rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. Entegris presently has a consensus rating of “Buy” and an average target price of $41.60.

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About Entegris

Entegris, Inc develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM), Microcontamination Control (MC), and Advanced Materials Handling (AMH).

See Also: Return on Investment (ROI)

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Institutional Ownership by Quarter for Entegris (NASDAQ:ENTG)

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