Public Employees Retirement System of Ohio Acquires Shares of 81,086 Camtek Ltd. (NASDAQ:CAMT)

Public Employees Retirement System of Ohio bought a new stake in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 81,086 shares of the semiconductor company's stock, valued at approximately $6,481,000. Public Employees Retirement System of Ohio owned 0.18% of Camtek as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Camtek by 21.5% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,515,452 shares of the semiconductor company's stock worth $121,734,000 after buying an additional 268,258 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Camtek by 7.5% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 856,453 shares of the semiconductor company's stock valued at $68,388,000 after purchasing an additional 60,088 shares during the last quarter. Two Sigma Advisers LP grew its stake in Camtek by 107.5% during the 3rd quarter. Two Sigma Advisers LP now owns 720,700 shares of the semiconductor company's stock valued at $57,548,000 after purchasing an additional 373,400 shares in the last quarter. Y.D. More Investments Ltd grew its stake in Camtek by 723.7% during the 2nd quarter. Y.D. More Investments Ltd now owns 626,973 shares of the semiconductor company's stock valued at $78,709,000 after purchasing an additional 550,854 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Camtek by 16.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 486,606 shares of the semiconductor company's stock worth $38,855,000 after purchasing an additional 67,250 shares during the last quarter. 41.93% of the stock is owned by institutional investors and hedge funds.

Camtek Stock Performance

Shares of NASDAQ:CAMT traded up $1.10 on Friday, reaching $74.87. 270,358 shares of the company's stock were exchanged, compared to its average volume of 534,150. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 34.50, a PEG ratio of 1.36 and a beta of 1.34. Camtek Ltd. has a fifty-two week low of $60.90 and a fifty-two week high of $140.50. The business's 50-day moving average is $77.80 and its two-hundred day moving average is $92.74. The company has a quick ratio of 4.36, a current ratio of 5.28 and a debt-to-equity ratio of 0.38.

Camtek (NASDAQ:CAMT - Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The semiconductor company reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.06. Camtek had a return on equity of 24.21% and a net margin of 26.53%. The company had revenue of $112.30 million for the quarter, compared to analyst estimates of $108.51 million. During the same quarter in the previous year, the firm earned $0.46 earnings per share. The business's revenue was up 39.5% on a year-over-year basis. As a group, equities research analysts forecast that Camtek Ltd. will post 2.53 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Needham & Company LLC reissued a "buy" rating and set a $95.00 price target on shares of Camtek in a research report on Wednesday, November 13th. StockNews.com upgraded shares of Camtek from a "sell" rating to a "hold" rating in a research note on Wednesday, November 20th. Stifel Nicolaus reissued a "buy" rating and issued a $105.00 target price on shares of Camtek in a research report on Thursday. Finally, Northland Securities upped their target price on shares of Camtek from $99.00 to $102.00 and gave the company an "outperform" rating in a research note on Wednesday, November 13th. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $109.88.

Camtek Company Profile

Camtek Ltd., together with its subsidiaries, develops, manufactures, and sells inspection and metrology equipment for semiconductor industry. The company provides Eagle-i, a system that delivers 2D inspection and metrology capabilities; Eagle-AP, which addresses the advanced packaging market using software and hardware technologies that deliver superior 2D and 3D inspection and metrology capabilities on the same platform; and Golden Eagle, a panel inspection and metrology system to address the challenges fanout wafer level packaging applications.