Janus Henderson Group PLC Decreases Holdings in Camtek Ltd. (NASDAQ:CAMT)

Janus Henderson Group PLC trimmed its holdings in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 22.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 159,462 shares of the semiconductor company's stock after selling 46,726 shares during the quarter. Janus Henderson Group PLC owned approximately 0.35% of Camtek worth $12,733,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Advisors Asset Management Inc. grew its position in shares of Camtek by 78.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 329 shares of the semiconductor company's stock worth $26,000 after buying an additional 145 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Camtek by 23,300.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 468 shares of the semiconductor company's stock worth $59,000 after buying an additional 466 shares during the last quarter. Gateway Wealth Partners LLC purchased a new position in shares of Camtek in the 2nd quarter worth approximately $220,000. Susquehanna International Group Ltd. purchased a new position in shares of Camtek in the 2nd quarter worth approximately $237,000. Finally, Maven Securities LTD purchased a new position in shares of Camtek in the 2nd quarter worth approximately $241,000. 41.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Needham & Company LLC reiterated a "buy" rating and issued a $95.00 target price on shares of Camtek in a research note 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. Finally, Northland Securities raised their price objective on Camtek from $99.00 to $102.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 13th. One analyst has rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $110.57.

Camtek Stock Up 7.7 %

Shares of NASDAQ:CAMT traded up $5.58 during trading on Monday, hitting $78.30. The company's stock had a trading volume of 1,335,867 shares, compared to its average volume of 537,006. Camtek Ltd. has a fifty-two week low of $60.90 and a fifty-two week high of $140.50. The business has a 50 day moving average price of $78.15 and a two-hundred day moving average price of $93.56. The company has a debt-to-equity ratio of 0.38, a quick ratio of 4.36 and a current ratio of 5.28. The company has a market capitalization of $3.55 billion, a PE ratio of 36.08, a P/E/G ratio of 1.32 and a beta of 1.35.

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

Camtek 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.