DJE Kapital AG Takes $405,000 Position in Camtek Ltd. (NASDAQ:CAMT)

DJE Kapital AG acquired a new stake in Camtek Ltd. (NASDAQ:CAMT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,100 shares of the semiconductor company’s stock, valued at approximately $405,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Advisors Asset Management Inc. lifted its position in Camtek by 78.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 329 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 145 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Camtek by 364.0% during the 4th quarter. Jones Financial Companies Lllp now owns 413 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 324 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Camtek during the 3rd quarter worth approximately $53,000. Sanctuary Advisors LLC acquired a new position in Camtek during the 4th quarter worth approximately $209,000. Finally, Prentiss Smith & Co. Inc. lifted its position in Camtek by 10.8% during the 4th quarter. Prentiss Smith & Co. Inc. now owns 2,786 shares of the semiconductor company’s stock worth $225,000 after acquiring an additional 272 shares in the last quarter. 41.93% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on CAMT. StockNews.com raised Camtek from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th. Barclays reduced their price target on Camtek from $140.00 to $120.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Northland Securities lifted their price objective on Camtek from $102.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. Stifel Nicolaus restated a “buy” rating and set a $105.00 price objective on shares of Camtek in a report on Thursday, December 12th. Finally, Needham & Company LLC restated a “buy” rating and set a $110.00 price objective on shares of Camtek in a report on Thursday, February 13th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $114.11.

Camtek Price Performance

Shares of NASDAQ CAMT opened at $68.93 on Tuesday. Camtek Ltd. has a twelve month low of $68.40 and a twelve month high of $140.50. The company has a current ratio of 5.00, a quick ratio of 4.11 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 28.48, a price-to-earnings-growth ratio of 1.89 and a beta of 1.34. The business has a 50 day simple moving average of $87.91 and a 200-day simple moving average of $83.21.

Camtek (NASDAQ:CAMT) last issued its quarterly earnings results 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, equities 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.