Prentiss Smith & Co. Inc. Has $225,000 Stock Holdings in Camtek Ltd. (NASDAQ:CAMT)

Prentiss Smith & Co. Inc. grew its stake in shares of Camtek Ltd. (NASDAQ:CAMT) by 10.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,786 shares of the semiconductor company’s stock after buying an additional 272 shares during the quarter. Prentiss Smith & Co. Inc.’s holdings in Camtek were worth $225,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CAMT. Advisors Asset Management Inc. boosted its holdings in Camtek by 78.8% in the third 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. Northwestern Mutual Wealth Management Co. raised its position in shares of Camtek by 23,300.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 468 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 466 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Camtek in the 3rd quarter valued at $53,000. Gateway Wealth Partners LLC acquired a new position in Camtek during the second quarter worth $220,000. Finally, Maven Securities LTD bought a new position in shares of Camtek in the second quarter valued at $241,000. 41.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on CAMT shares. Barclays lowered their target price on shares of Camtek from $140.00 to $120.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Northland Securities raised their price objective on shares of Camtek from $102.00 to $120.00 and gave the stock an “outperform” rating in a report on Tuesday, January 7th. StockNews.com upgraded shares of Camtek from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th. Stifel Nicolaus restated a “buy” rating and set a $105.00 price target on shares of Camtek in a research note on Thursday, December 12th. Finally, Cantor Fitzgerald began coverage on Camtek in a research note on Monday, January 13th. They issued a “neutral” rating and a $100.00 price objective on the stock. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $112.44.

Camtek Price Performance

Camtek stock traded up $1.32 during midday trading on Wednesday, hitting $87.67. 70,078 shares of the company’s stock were exchanged, compared to its average volume of 602,193. The company has a debt-to-equity ratio of 0.38, a quick ratio of 4.36 and a current ratio of 5.28. The stock has a 50-day moving average price of $83.53 and a two-hundred day moving average price of $85.86. The company has a market cap of $3.98 billion, a P/E ratio of 40.55, a PEG ratio of 1.66 and a beta of 1.33. Camtek Ltd. has a 52-week low of $69.83 and a 52-week high of $140.50.

Camtek (NASDAQ:CAMT) last announced its quarterly earnings data on Tuesday, November 12th. The semiconductor company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.69 by $0.06. The firm had revenue of $112.30 million for the quarter, compared to analyst estimates of $108.51 million. Camtek had a return on equity of 24.21% and a net margin of 26.53%. The company’s revenue was up 39.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.46 EPS. On average, equities research analysts forecast that Camtek Ltd. will post 2.53 earnings per share for the current year.

Camtek Company 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.