Camtek Ltd. (NASDAQ:CAMT) Shares Bought by Deutsche Bank AG

Deutsche Bank AG grew its stake in Camtek Ltd. (NASDAQ:CAMT) by 44.7% during the 4th quarter, HoldingsChannel reports. The firm owned 161,849 shares of the semiconductor company’s stock after buying an additional 50,000 shares during the quarter. Deutsche Bank AG’s holdings in Camtek were worth $13,073,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Huntington National Bank grew its stake in shares of Camtek by 42.4% during the 4th quarter. Huntington National Bank now owns 413 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 123 shares during the period. Cetera Investment Advisers lifted its holdings in Camtek by 3.3% in the 4th quarter. Cetera Investment Advisers now owns 5,288 shares of the semiconductor company’s stock valued at $427,000 after purchasing an additional 171 shares in the last quarter. Prentiss Smith & Co. Inc. raised its holdings in shares of 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 during the period. Jones Financial Companies Lllp raised its holdings in shares of 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 during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Camtek by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 39,117 shares of the semiconductor company’s stock worth $3,159,000 after acquiring an additional 360 shares during the period. Institutional investors and hedge funds own 41.93% of the company’s stock.

Camtek Price Performance

Camtek stock opened at $66.51 on Friday. Camtek Ltd. has a 12 month low of $47.41 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. The business has a 50 day simple moving average of $62.99 and a 200-day simple moving average of $75.50. The stock has a market capitalization of $3.03 billion, a PE ratio of 27.48, a price-to-earnings-growth ratio of 1.89 and a beta of 1.36.

Camtek (NASDAQ:CAMT) last announced its quarterly earnings data 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 return on equity of 24.99% and a net margin of 27.61%. Equities analysts predict that Camtek Ltd. will post 2.93 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CAMT shares. Jefferies Financial Group cut their price objective on Camtek from $120.00 to $85.00 and set a “buy” rating for the company in a research report on Friday, March 28th. StockNews.com downgraded Camtek from a “hold” rating to a “sell” rating in a research report on Tuesday. Evercore ISI lowered their price objective on Camtek from $100.00 to $82.00 and set an “outperform” rating for the company in a research report on Wednesday. Barclays lowered their price objective on Camtek from $120.00 to $85.00 and set an “overweight” rating for the company in a research report on Tuesday, April 22nd. Finally, B. Riley upped their price target on Camtek from $85.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $92.44.

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.