Y.D. More Investments Ltd Raises Holdings in Camtek Ltd. (NASDAQ:CAMT)

Y.D. More Investments Ltd raised its stake in shares of Camtek Ltd. (NASDAQ:CAMT) by 6.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 525,413 shares of the semiconductor company’s stock after buying an additional 29,580 shares during the period. Camtek comprises approximately 3.8% of Y.D. More Investments Ltd’s holdings, making the stock its 6th largest position. Y.D. More Investments Ltd’s holdings in Camtek were worth $42,905,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Advisors Asset Management Inc. boosted its position in shares of Camtek by 78.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 329 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 145 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Camtek by 23,300.0% during the second 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 in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Camtek in the third quarter worth approximately $53,000. Prentiss Smith & Co. Inc. increased its holdings in shares of Camtek by 10.8% in the fourth quarter. Prentiss Smith & Co. Inc. now owns 2,786 shares of the semiconductor company’s stock valued at $225,000 after buying an additional 272 shares in the last quarter. Finally, Stifel Financial Corp lifted its position in shares of Camtek by 77.3% during the 3rd quarter. Stifel Financial Corp now owns 3,151 shares of the semiconductor company’s stock valued at $252,000 after acquiring an additional 1,374 shares during the last quarter. 41.93% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CAMT has been the topic of a number of recent research reports. Needham & Company LLC restated a “buy” rating and issued a $95.00 target price on shares of Camtek in a report on Wednesday, November 13th. Cantor Fitzgerald assumed 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. Barclays dropped their target price on shares of Camtek from $140.00 to $120.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. StockNews.com raised shares of Camtek from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th. Finally, Northland Securities upped their price target on Camtek from $102.00 to $120.00 and gave the company an “outperform” rating in a research report on Tuesday, January 7th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $112.44.

Camtek Trading Down 1.2 %

NASDAQ:CAMT opened at $88.20 on Wednesday. The company has a quick ratio of 4.36, a current ratio of 5.28 and a debt-to-equity ratio of 0.38. The company’s 50 day moving average is $85.18 and its 200-day moving average is $84.85. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 40.65, a P/E/G ratio of 1.48 and a beta of 1.34. Camtek Ltd. has a 12 month low of $69.83 and a 12 month high of $140.50.

Camtek (NASDAQ:CAMT) last announced its quarterly earnings data on Tuesday, November 12th. The semiconductor company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. Camtek had a net margin of 26.53% and a return on equity of 24.21%. The business had revenue of $112.30 million for the quarter, compared to the consensus estimate of $108.51 million. During the same quarter last year, the company posted $0.46 earnings per share. Camtek’s quarterly revenue was up 39.5% on a year-over-year basis. Equities analysts anticipate that Camtek Ltd. will post 2.53 EPS 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.