Stratos Wealth Partners LTD. acquired a new stake in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,161 shares of the semiconductor company's stock, valued at approximately $336,000.
A number of other large investors have also recently made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Camtek by 21.5% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,515,452 shares of the semiconductor company's stock valued at $121,734,000 after buying an additional 268,258 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of 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 valued at $77,852,000 after buying an additional 81,709 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of Camtek by 7.5% during 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 buying an additional 60,088 shares during the last quarter. Two Sigma Advisers LP grew its holdings in shares of Camtek by 107.5% during the third quarter. Two Sigma Advisers LP now owns 720,700 shares of the semiconductor company's stock valued at $57,548,000 after buying an additional 373,400 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Camtek by 16.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 486,606 shares of the semiconductor company's stock valued at $38,855,000 after buying an additional 67,250 shares during the last quarter. 41.93% of the stock is owned by hedge funds and other institutional investors.
Camtek Price Performance
Shares of CAMT stock traded down $1.67 during mid-day trading on Friday, hitting $86.82. 370,903 shares of the stock were exchanged, compared to its average volume of 620,340. The firm has a fifty day moving average of $87.58 and a 200 day moving average of $83.92. 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 Ltd. has a 52-week low of $69.83 and a 52-week high of $140.50. The company has a market cap of $3.94 billion, a PE ratio of 40.01, a price-to-earnings-growth ratio of 1.43 and a beta of 1.34.
Camtek (NASDAQ:CAMT - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). Camtek had a return on equity of 24.21% and a net margin of 26.53%. Research analysts anticipate that Camtek Ltd. will post 2.53 earnings per share for the current year.
Analyst Upgrades and Downgrades
CAMT has been the topic of several recent research reports. StockNews.com raised shares of Camtek from a "sell" rating to a "hold" rating in a report on Wednesday, November 20th. Stifel Nicolaus reaffirmed a "buy" rating and issued a $105.00 price target on shares of Camtek in a report on Thursday, December 12th. Barclays lowered 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. Cantor Fitzgerald initiated coverage on shares of Camtek in a report on Monday, January 13th. They issued a "neutral" rating and a $100.00 price target on the stock. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $110.00 price target on shares of Camtek in a report on Thursday. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Camtek presently has a consensus rating of "Moderate Buy" and an average price target of $114.11.
View Our Latest Stock Analysis on CAMT
Camtek Profile
(
Free Report)
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.
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