DJE Kapital AG Acquires New Shares in Camtek Ltd. (NASDAQ:CAMT)

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

A number of other institutional investors also recently added to or reduced their stakes in CAMT. Creative Planning acquired a new position in Camtek during the 3rd quarter worth $334,000. Van ECK Associates Corp boosted its position in Camtek by 1.6% during the 3rd quarter. Van ECK Associates Corp now owns 9,561 shares of the semiconductor company’s stock worth $755,000 after acquiring an additional 148 shares during the period. Olympiad Research LP boosted its position in Camtek by 136.9% during the 3rd quarter. Olympiad Research LP now owns 7,504 shares of the semiconductor company’s stock worth $599,000 after acquiring an additional 4,337 shares during the period. Lifestyle Asset Management Inc. acquired a new position in Camtek during the 3rd quarter worth $253,000. Finally, Axxcess Wealth Management LLC boosted its position in Camtek by 20.5% during the 3rd quarter. Axxcess Wealth Management LLC now owns 14,854 shares of the semiconductor company’s stock worth $1,186,000 after acquiring an additional 2,525 shares during the period. Institutional investors and hedge funds own 41.93% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on CAMT shares. Stifel Nicolaus reiterated a “buy” rating and set a $105.00 price target on shares of Camtek in a research report on Thursday, December 12th. Cantor Fitzgerald started coverage on Camtek in a report on Monday, January 13th. They issued a “neutral” rating and a $100.00 price objective for the company. StockNews.com upgraded Camtek from a “sell” rating to a “hold” rating in a report on Wednesday, November 20th. Barclays cut their price objective on Camtek from $140.00 to $120.00 and set an “overweight” rating for the company in a report on Friday, January 17th. Finally, Northland Securities upped their price objective on Camtek from $102.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday, January 7th. 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 company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $114.11.

Camtek Stock Down 7.5 %

Shares of Camtek stock opened at $68.93 on Tuesday. The stock’s fifty day moving average is $87.91 and its 200-day moving average is $83.21. The firm has a market capitalization of $3.13 billion, a PE ratio of 28.48, a price-to-earnings-growth ratio of 1.89 and a beta of 1.34. The company has a quick ratio of 4.11, a current ratio of 5.00 and a debt-to-equity ratio of 0.36. Camtek Ltd. has a 12-month low of $68.40 and a 12-month high of $140.50.

Camtek (NASDAQ:CAMT) last announced its earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share (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 anticipate that Camtek Ltd. will post 2.93 earnings per share for the current year.

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.