Barclays PLC Sells 142,934 Shares of Entegris, Inc. (NASDAQ:ENTG)

Barclays PLC trimmed its stake in shares of Entegris, Inc. (NASDAQ:ENTG - Free Report) by 14.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 820,223 shares of the semiconductor company's stock after selling 142,934 shares during the quarter. Barclays PLC owned approximately 0.54% of Entegris worth $81,251,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Entegris by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 15,202,146 shares of the semiconductor company's stock valued at $1,505,925,000 after purchasing an additional 169,180 shares in the last quarter. Norges Bank acquired a new position in Entegris during the 4th quarter worth about $445,988,000. Cantillon Capital Management LLC grew its position in shares of Entegris by 12.6% in the 4th quarter. Cantillon Capital Management LLC now owns 2,616,354 shares of the semiconductor company's stock valued at $259,176,000 after buying an additional 291,893 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Entegris by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 2,560,896 shares of the semiconductor company's stock valued at $253,225,000 after buying an additional 22,948 shares during the period. Finally, Swedbank AB raised its position in shares of Entegris by 47.7% during the fourth quarter. Swedbank AB now owns 1,550,942 shares of the semiconductor company's stock worth $153,636,000 after acquiring an additional 500,581 shares during the last quarter.

Insider Buying and Selling at Entegris

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

Entegris Stock Up 1.2 %

Shares of ENTG traded up $0.82 on Tuesday, reaching $68.34. The company's stock had a trading volume of 364,552 shares, compared to its average volume of 2,290,434. The stock has a market capitalization of $10.34 billion, a PE ratio of 35.44, a PEG ratio of 1.50 and a beta of 1.36. The company has a current ratio of 3.08, a quick ratio of 1.86 and a debt-to-equity ratio of 1.08. Entegris, Inc. has a twelve month low of $60.75 and a twelve month high of $147.57. The firm has a fifty day moving average of $90.03 and a 200-day moving average of $99.23.

Entegris (NASDAQ:ENTG - Get Free Report) last announced its earnings results on Thursday, February 6th. The semiconductor company reported $0.84 earnings per share (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 year.

Entegris Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Wednesday, April 30th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend is Wednesday, April 30th. Entegris's dividend payout ratio is presently 20.73%.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Mizuho lowered their price target on shares of Entegris from $125.00 to $120.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. KeyCorp decreased their price target on Entegris from $141.00 to $130.00 and set an "overweight" rating for the company in a report on Monday, April 14th. StockNews.com lowered Entegris from a "hold" rating to a "sell" rating in a research note on Saturday. Finally, Needham & Company LLC reiterated a "buy" rating and set a $120.00 price objective on shares of Entegris in a report on Friday, February 7th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $123.50.

About Entegris

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).