Yorktown Management & Research Co Inc Has $420,000 Holdings in Camtek Ltd. (NASDAQ:CAMT)

Yorktown Management & Research Co Inc lessened its stake in Camtek Ltd. (NASDAQ:CAMT) by 29.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,200 shares of the semiconductor company’s stock after selling 2,200 shares during the quarter. Yorktown Management & Research Co Inc’s holdings in Camtek were worth $420,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Advisors Asset Management Inc. boosted its holdings in shares of Camtek by 78.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 329 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 145 shares during the last quarter. Van ECK Associates Corp lifted its holdings in Camtek by 1.6% during the 3rd quarter. Van ECK Associates Corp now owns 9,561 shares of the semiconductor company’s stock valued at $755,000 after purchasing an additional 148 shares during the last quarter. Prentiss Smith & Co. Inc. lifted its holdings in Camtek by 10.8% during the 4th 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 last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Camtek by 23,300.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 468 shares of the semiconductor company’s stock valued at $59,000 after purchasing an additional 466 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Camtek during the 3rd quarter valued at $53,000. Institutional investors and hedge funds own 41.93% of the company’s stock.

Camtek Stock Down 1.2 %

Shares of NASDAQ CAMT opened at $88.20 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 4.36 and a current ratio of 5.28. Camtek Ltd. has a 52 week low of $69.83 and a 52 week high of $140.50. The stock has a market capitalization of $4.00 billion, a P/E ratio of 40.65, a PEG ratio of 1.48 and a beta of 1.34. The stock’s fifty day moving average is $85.18 and its 200 day moving average is $84.85.

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

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. StockNews.com raised Camtek from a “sell” rating to a “hold” rating in a report on Wednesday, November 20th. Barclays cut their price target on Camtek from $140.00 to $120.00 and set an “overweight” rating for the company in a report on Friday, January 17th. Needham & Company LLC reaffirmed a “buy” rating and set a $95.00 price target on shares of Camtek in a report on Wednesday, November 13th. Northland Securities raised their price target on Camtek from $102.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $105.00 price objective on shares of Camtek in a research report on Thursday, December 12th. Two 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $112.44.

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.