Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Makes New $7.11 Million Investment in Camtek Ltd. (NASDAQ:CAMT)

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD purchased a new position in shares of Camtek Ltd. (NASDAQ:CAMT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 88,039 shares of the semiconductor company’s stock, valued at approximately $7,105,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD owned approximately 0.19% of Camtek as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of CAMT. Advisors Asset Management Inc. grew its position in shares of Camtek by 78.8% in the third 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 during the period. Jones Financial Companies Lllp grew its position in shares of Camtek by 364.0% in the fourth quarter. Jones Financial Companies Lllp now owns 413 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 324 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Camtek in the third quarter valued at $53,000. Sanctuary Advisors LLC purchased a new stake in shares of Camtek in the fourth quarter valued at $209,000. Finally, Prentiss Smith & Co. Inc. grew its position 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 purchasing an additional 272 shares during the period. Hedge funds and other institutional investors own 41.93% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on CAMT. Needham & Company LLC reaffirmed a “buy” rating and issued a $110.00 price objective on shares of Camtek in a research report on Thursday, February 13th. StockNews.com raised Camtek from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th. Barclays lowered their price objective on Camtek from $140.00 to $120.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Stifel Nicolaus reiterated a “buy” rating and issued a $105.00 target price on shares of Camtek in a report on Thursday, December 12th. Finally, Cantor Fitzgerald began coverage on Camtek in a report on Monday, January 13th. They issued a “neutral” rating and a $100.00 target price on the stock. Two equities 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 company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $114.11.

Camtek Trading Up 0.3 %

Shares of CAMT opened at $63.39 on Wednesday. The stock’s 50-day moving average is $85.80 and its two-hundred day moving average is $81.69. The stock has a market cap of $2.88 billion, a PE ratio of 26.19, a P/E/G ratio of 1.89 and a beta of 1.38. Camtek Ltd. has a 12 month low of $62.44 and a 12 month high of $140.50. The company has a debt-to-equity ratio of 0.36, a current ratio of 5.00 and a quick ratio of 4.11.

Camtek (NASDAQ:CAMT) last issued its quarterly earnings data on Wednesday, February 12th. The semiconductor company reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Camtek had a return on equity of 24.99% and a net margin of 27.61%. Equities analysts forecast that Camtek Ltd. will post 2.93 earnings per share for the current fiscal 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.