Landscape Capital Management L.L.C. Takes $216,000 Position in Entegris, Inc. (NASDAQ:ENTG)

Landscape Capital Management L.L.C. acquired a new position in shares of Entegris, Inc. (NASDAQ:ENTG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,181 shares of the semiconductor company’s stock, valued at approximately $216,000.

Other institutional investors have also recently bought and sold shares of the company. Synovus Financial Corp raised its stake in shares of Entegris by 102.3% during the 3rd quarter. Synovus Financial Corp now owns 38,253 shares of the semiconductor company’s stock worth $4,305,000 after purchasing an additional 19,340 shares in the last quarter. Swedbank AB lifted its stake in Entegris by 47.7% in the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company’s stock valued at $153,636,000 after acquiring an additional 500,581 shares during the last quarter. Argent Capital Management LLC grew its position in Entegris by 9.9% in the fourth quarter. Argent Capital Management LLC now owns 31,066 shares of the semiconductor company’s stock worth $3,077,000 after acquiring an additional 2,793 shares in the last quarter. National Bank of Canada FI increased its stake in shares of Entegris by 66,855.0% during the 4th quarter. National Bank of Canada FI now owns 490,780 shares of the semiconductor company’s stock worth $48,617,000 after purchasing an additional 490,047 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Entegris by 14.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,060,378 shares of the semiconductor company’s stock valued at $105,041,000 after purchasing an additional 137,046 shares in the last quarter.

Insiders Place Their Bets

In related news, SVP Olivier Blachier sold 984 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $108.00, for a total transaction of $106,272.00. Following the sale, the senior vice president now directly owns 10,903 shares in the company, valued at $1,177,524. This represents a 8.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Clinton M. Haris sold 12,652 shares of Entegris stock in a transaction on Monday, February 10th. The shares were sold at an average price of $106.92, for a total value of $1,352,751.84. Following the completion of the transaction, the senior vice president now owns 34,820 shares of the company’s stock, valued at approximately $3,722,954.40. The trade was a 26.65 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Entegris Stock Down 5.9 %

Shares of ENTG opened at $62.92 on Wednesday. The company has a quick ratio of 1.86, a current ratio of 3.08 and a debt-to-equity ratio of 1.08. The company has a 50-day moving average price of $96.65 and a two-hundred day moving average price of $102.11. The stock has a market cap of $9.52 billion, a price-to-earnings ratio of 32.60, a P/E/G ratio of 1.50 and a beta of 1.36. Entegris, Inc. has a 12 month low of $60.75 and a 12 month high of $147.57.

Entegris (NASDAQ:ENTG) last announced its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.77 by $0.07. Entegris had a return on equity of 12.83% and a net margin of 9.03%. Equities analysts predict that Entegris, Inc. will post 3.51 EPS for the current fiscal year.

Entegris Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, January 29th were given a $0.10 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.64%. Entegris’s dividend payout ratio (DPR) is presently 20.73%.

Analyst Upgrades and Downgrades

Several research firms have commented on ENTG. Mizuho lowered their target price on shares of Entegris from $125.00 to $120.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. KeyCorp cut their price objective on Entegris from $150.00 to $141.00 and set an “overweight” rating on the stock in a research note on Friday, February 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 target price on shares of Entegris in a research report on Friday, February 7th. Finally, StockNews.com raised shares of Entegris from a “sell” rating to a “hold” rating in a research report on Thursday, April 3rd. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $124.88.

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).