Mdc Partners (MDCA) Position Lifted by Mhr Fund Management Llc; As Entegris (ENTG) Stock Value Rose, Shareholder Rgm Capital Lowered Its Holding

June 11, 2018 - By Louis Casey

MDC Partners Inc. (NASDAQ:MDCA) Logo

Robert G. Moses decreased its stake in Entegris Inc (ENTG) by 5.7% based on its latest 2018Q1 regulatory filing with the SEC. Rgm Capital Llc sold 106,700 shares as the company’s stock rose 1.02% while stock markets declined. The hedge fund run by Robert G. Moses held 1.76 million shares of the consumer non-durables company at the end of 2018Q1, valued at $61.40M, down from 1.87M at the end of the previous reported quarter. Rgm Capital Llc who had been investing in Entegris Inc for a number of months, seems to be less bullish one the $5.39B market cap company. The stock increased 0.28% or $0.108 during the last trading session, reaching $38.008. About 6,743 shares traded. Entegris, Inc. (NASDAQ:ENTG) has risen 43.69% since June 11, 2017 and is uptrending. It has outperformed by 31.12% the S&P500. Some Historical ENTG News: 03/05/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within NetScout, Entegris, Pinnacle Entertainment, First Foundatio; 26/04/2018 – Entegris Sees 2Q Adj EPS 42c-Adj EPS 47c; 01/05/2018 – Entegris to Participate in the Barclays Electronic Chemicals Conference; 26/04/2018 – Entegris 1Q EPS 40c; 16/03/2018 DEEP ECO: Entegris May Benefit, Industry Posts 5th Straight Gain; 26/04/2018 – Entegris Reports Record Sales and Earnings in First Quarter of 2018; 18/04/2018 – Entegris Declares Quarterly Cash Dividend; 26/04/2018 – Entegris Sees 2Q EPS 36c-EPS 41c; 17/04/2018 – DEEP ECO: Entegris May Benefit, Industry Best in More Than 3 Yrs; 20/04/2018 – DJ Entegris Inc, Inst Holders, 1Q 2018 (ENTG)

Mark Rachesky increased its stake in Mdc Partners Inc (MDCA) by 20.66% based on its latest 2018Q1 regulatory filing with the SEC. Mhr Fund Management Llc bought 63,000 shares as the company’s stock declined 48.84% with the market. The hedge fund run by Mark Rachesky held 368,000 shares of the advertising company at the end of 2018Q1, valued at $2.65M, up from 305,000 at the end of the previous reported quarter. Mhr Fund Management Llc who had been investing in Mdc Partners Inc for a number of months, seems to be bullish on the $278.13 million market cap company. It closed at $4.65 lastly. It is down 46.67% since June 11, 2017 and is downtrending. It has underperformed by 59.24% the S&P500. Some Historical MDCA News: 09/03/2018 Detailed Research: Economic Perspectives on US Ecology, MDC Partners, British American Tobacco p.l.c, TRI Pointe Group, Cresud; 04/05/2018 – Ned Russell Joins MDC Partners as Managing Partner, Healthcare to Bolster Award-Winning Network’s lmpressive Category Experience and Growth; 23/05/2018 – MDC Partners at Citi SMID Conference – One-on-One Jun 7; 09/05/2018 – MDC PARTNERS INC – EXPECT 1-3% GROWTH IN ORGANIC REVENUE IN 2018; 09/05/2018 – MDC PARTNERS INC – QTRLY SHR LOSS $0.56; 02/04/2018 – MDC PARTNERS BUYS MAJORITY PARTNERSHIP INTEREST IN INSTRUMENT; 26/04/2018 – MDC PARTNERS APPOINTS DESIRéE ROGERS AS INDEPENDENT DIRECTOR TO ITS BOARD; 12/04/2018 – MDC PARTNERS INC MDCA.O : WELLS FARGO RAISES TO OUTPERFORM FROM MARKET PERFORM ; RATING $11.00; 09/05/2018 – MDC Partners 1Q Loss $31.4M; 09/05/2018 – MDC PARTNERS INC – UPDATING 2018 FINANCIAL GUIDANCE

Rgm Capital Llc, which manages about $775.24M and $1.14B US Long portfolio, upped its stake in Lam Research Corp (NASDAQ:LRCX) by 18,400 shares to 445,362 shares, valued at $90.48M in 2018Q1, according to the filing. It also increased its holding in Comscore Inc (NASDAQ:SCOR) by 531,600 shares in the quarter, for a total of 3.09 million shares, and has risen its stake in Imperva Inc (NYSE:IMPV).

Analysts await Entegris, Inc. (NASDAQ:ENTG) to report earnings on July, 26. They expect $0.45 EPS, up 32.35% or $0.11 from last year’s $0.34 per share. ENTG’s profit will be $63.78M for 21.12 P/E if the $0.45 EPS becomes a reality. After $0.47 actual EPS reported by Entegris, Inc. for the previous quarter, Wall Street now forecasts -4.26% negative EPS growth.

Since December 14, 2017, it had 0 insider buys, and 9 sales for $10.43 million activity. Shaner William James also sold $333,312 worth of Entegris, Inc. (NASDAQ:ENTG) shares. 9,986 shares were sold by Rucci Corey, worth $338,485. $1.90 million worth of Entegris, Inc. (NASDAQ:ENTG) was sold by GRAVES GREGORY B. $90,628 worth of Entegris, Inc. (NASDAQ:ENTG) shares were sold by OLSON PAUL L H. LOY BERTRAND had sold 175,000 shares worth $5.86 million on Tuesday, February 20. $252,236 worth of Entegris, Inc. (NASDAQ:ENTG) was sold by Edlund Todd James on Thursday, March 8.

Among 13 analysts covering Entegris (NASDAQ:ENTG), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Entegris had 32 analyst reports since August 3, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Overweight” rating and $45 target in Wednesday, March 21 report. Needham maintained Entegris, Inc. (NASDAQ:ENTG) on Wednesday, March 21 with “Buy” rating. Needham maintained Entegris, Inc. (NASDAQ:ENTG) rating on Thursday, October 19. Needham has “Buy” rating and $29.0 target. The firm has “Buy” rating given on Friday, February 10 by Goldman Sachs. The firm earned “Buy” rating on Friday, June 8 by Needham. Citigroup upgraded it to “Buy” rating and $38.0 target in Thursday, February 15 report. KeyBanc Capital Markets maintained the shares of ENTG in report on Tuesday, February 6 with “Buy” rating. The rating was upgraded by Needham to “Buy” on Monday, March 13. The company was initiated on Monday, November 21 by Needham. The firm earned “Neutral” rating on Friday, October 27 by Citigroup.

More news for Entegris, Inc. (NASDAQ:ENTG) were recently published by: Seekingalpha.com, which released: “Entegris, Inc. (ENTG) Entegris Announces Agreement to Acquire SAES Pure Gas Business Conference (Transcript)” on June 07, 2018. Businesswire.com‘s article titled: “Entegris Announces Agreement to Acquire SAES Pure Gas Business, Makers of Molecular Gas Purification Products …” and published on June 06, 2018 is yet another important article.

Investors sentiment decreased to 0.91 in Q1 2018. Its down 0.39, from 1.3 in 2017Q4. It dived, as 20 investors sold ENTG shares while 96 reduced holdings. 38 funds opened positions while 67 raised stakes. 129.26 million shares or 1.23% less from 130.87 million shares in 2017Q4 were reported. Usa Portformulas Corp accumulated 12,602 shares or 0.11% of the stock. Los Angeles Mngmt Equity Research Incorporated owns 0% invested in Entegris, Inc. (NASDAQ:ENTG) for 6,316 shares. Stratos Wealth Ptnrs Limited has invested 0% in Entegris, Inc. (NASDAQ:ENTG). Parallax Volatility Advisers LP invested 0% in Entegris, Inc. (NASDAQ:ENTG). The Georgia-based Gmt has invested 7.36% in Entegris, Inc. (NASDAQ:ENTG). Scout Invests invested in 0.1% or 119,825 shares. 112,457 were accumulated by Engineers Gate Manager Ltd Partnership. Teacher Retirement Of Texas invested 0.01% in Entegris, Inc. (NASDAQ:ENTG). Bluecrest Cap Management Ltd reported 0.03% of its portfolio in Entegris, Inc. (NASDAQ:ENTG). First Personal Fincl Svcs invested in 518 shares or 0% of the stock. Ajo Ltd Partnership owns 0.04% invested in Entegris, Inc. (NASDAQ:ENTG) for 232,674 shares. Dekabank Deutsche Girozentrale holds 1,300 shares or 0% of its portfolio. Globeflex Capital Ltd Partnership has invested 0.32% of its portfolio in Entegris, Inc. (NASDAQ:ENTG). Panagora Asset holds 241,509 shares. State Board Of Administration Of Florida Retirement System owns 114,032 shares.

Entegris, Inc. (NASDAQ:ENTG) Institutional Positions Chart

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