Hantz Financial Services Inc. Decreases Holdings in Entegris, Inc. (NASDAQ:ENTG)

Hantz Financial Services Inc. cut its stake in Entegris, Inc. (NASDAQ:ENTG - Free Report) by 19.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 84,335 shares of the semiconductor company's stock after selling 20,813 shares during the quarter. Hantz Financial Services Inc. owned about 0.06% of Entegris worth $9,490,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Assenagon Asset Management S.A. grew its holdings in Entegris by 1,076.3% in the third quarter. Assenagon Asset Management S.A. now owns 923,332 shares of the semiconductor company's stock worth $103,903,000 after purchasing an additional 844,837 shares during the last quarter. Principal Financial Group Inc. grew its stake in Entegris by 130.8% during the 3rd quarter. Principal Financial Group Inc. now owns 1,379,963 shares of the semiconductor company's stock worth $155,287,000 after buying an additional 781,955 shares during the last quarter. Swedbank AB increased its position in Entegris by 249.7% during the 3rd quarter. Swedbank AB now owns 1,050,361 shares of the semiconductor company's stock valued at $118,197,000 after buying an additional 750,000 shares in the last quarter. RGM Capital LLC raised its stake in Entegris by 76.4% in the third quarter. RGM Capital LLC now owns 1,050,037 shares of the semiconductor company's stock valued at $118,161,000 after buying an additional 454,853 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Entegris during the third quarter worth about $50,638,000.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Mizuho dropped their target price on shares of Entegris from $143.00 to $125.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. KeyCorp cut their target price on Entegris from $164.00 to $154.00 and set an "overweight" rating on the stock in a research report on Tuesday, November 5th. BMO Capital Markets lowered their price target on Entegris from $145.00 to $135.00 and set an "outperform" rating for the company in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft cut their price objective on Entegris from $145.00 to $115.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Finally, Craig Hallum decreased their target price on Entegris from $150.00 to $130.00 and set a "buy" rating for the company in a report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $135.40.

Entegris Stock Performance

Entegris stock traded up $0.67 during mid-day trading on Friday, hitting $105.63. The company had a trading volume of 1,077,531 shares, compared to its average volume of 1,711,262. The company has a market capitalization of $15.95 billion, a price-to-earnings ratio of 69.95, a P/E/G ratio of 1.73 and a beta of 1.24. Entegris, Inc. has a 12-month low of $94.92 and a 12-month high of $147.57. The company's fifty day moving average is $106.52 and its 200-day moving average is $117.88. The company has a current ratio of 2.92, a quick ratio of 1.83 and a debt-to-equity ratio of 1.14.

Entegris (NASDAQ:ENTG - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). The firm had revenue of $807.70 million for the quarter, compared to analyst estimates of $832.44 million. Entegris had a net margin of 7.13% and a return on equity of 12.24%. The firm's quarterly revenue was down 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.68 EPS. Equities research analysts predict that Entegris, Inc. will post 2.99 EPS for the current year.

Entegris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, October 30th were paid a $0.10 dividend. The ex-dividend date was Wednesday, October 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.38%. Entegris's dividend payout ratio is presently 26.49%.

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).