Camtek Ltd. (NASDAQ:CAMT) Stock Holdings Raised by EFG Asset Management North America Corp.

EFG Asset Management North America Corp. lifted its holdings in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 90.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,944 shares of the semiconductor company's stock after purchasing an additional 20,914 shares during the quarter. EFG Asset Management North America Corp. owned about 0.10% of Camtek worth $3,552,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in CAMT. Clal Insurance Enterprises Holdings Ltd boosted its stake in Camtek by 10.2% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,670,000 shares of the semiconductor company's stock worth $135,743,000 after buying an additional 154,548 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of Camtek by 32.6% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,135,453 shares of the semiconductor company's stock worth $91,711,000 after acquiring an additional 279,000 shares during the last quarter. Vanguard Group Inc. grew its holdings in Camtek by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 983,986 shares of the semiconductor company's stock valued at $80,028,000 after purchasing an additional 14,702 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its position in Camtek by 9.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 963,874 shares of the semiconductor company's stock worth $77,852,000 after purchasing an additional 81,709 shares during the last quarter. Finally, Meitav Investment House Ltd. raised its stake in Camtek by 119.3% during the fourth quarter. Meitav Investment House Ltd. now owns 818,123 shares of the semiconductor company's stock worth $66,159,000 after purchasing an additional 445,079 shares during the period. Hedge funds and other institutional investors own 41.93% of the company's stock.

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Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CAMT. Cantor Fitzgerald started coverage on shares of Camtek in a research note on Monday, January 13th. They set a "neutral" rating and a $100.00 price objective for the company. Needham & Company LLC restated a "buy" rating and set a $110.00 price target on shares of Camtek in a research note on Thursday, February 13th. Jefferies Financial Group reduced their price objective on Camtek from $120.00 to $85.00 and set a "buy" rating on the stock in a research note on Friday. Northland Securities increased their target price on shares of Camtek from $102.00 to $120.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 7th. Finally, Barclays cut their price target on shares of Camtek from $140.00 to $120.00 and set an "overweight" rating on the stock in a report on Friday, January 17th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $110.22.

Camtek Stock Down 6.3 %

Shares of CAMT stock traded down $3.97 on Friday, hitting $59.00. The stock had a trading volume of 413,053 shares, compared to its average volume of 563,453. The stock's 50 day moving average is $79.31 and its 200-day moving average is $79.78. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 24.38, a P/E/G ratio of 1.89 and a beta of 1.38. Camtek Ltd. has a 52-week low of $57.71 and a 52-week high of $140.50. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.11 and a current ratio of 5.00.

Camtek (NASDAQ:CAMT - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by ($0.06). Camtek had a net margin of 27.61% and a return on equity of 24.99%. As a group, research analysts expect that Camtek Ltd. will post 2.93 earnings per share for the current year.

About Camtek

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.