Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 11,269 Shares of Camtek Ltd. (NASDAQ:CAMT)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Camtek Ltd. (NASDAQ:CAMT) by 20.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,349 shares of the semiconductor company’s stock after purchasing an additional 11,269 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.15% of Camtek worth $5,440,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Swiss National Bank increased its stake in shares of Camtek by 2.4% during the fourth quarter. Swiss National Bank now owns 59,008 shares of the semiconductor company’s stock worth $4,813,000 after purchasing an additional 1,369 shares during the period. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new stake in Camtek during the fourth quarter worth approximately $7,105,000. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new stake in Camtek during the fourth quarter worth approximately $2,421,000. Truvestments Capital LLC grew its position in Camtek by 23.3% during the fourth quarter. Truvestments Capital LLC now owns 14,565 shares of the semiconductor company’s stock worth $1,176,000 after buying an additional 2,752 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in Camtek by 75.6% during the fourth quarter. HighTower Advisors LLC now owns 9,926 shares of the semiconductor company’s stock worth $802,000 after buying an additional 4,272 shares in the last quarter. Institutional investors own 41.93% of the company’s stock.

Wall Street Analyst Weigh In

CAMT has been the topic of a number of analyst reports. Needham & Company LLC reissued a “buy” rating and set a $110.00 price target on shares of Camtek in a research report on Thursday, February 13th. Northland Securities increased their price target on Camtek from $102.00 to $120.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. 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. Stifel Nicolaus reissued a “buy” rating and set a $105.00 price target on shares of Camtek in a research report on Thursday, December 12th. Finally, Cantor Fitzgerald started coverage on Camtek in a report on Monday, January 13th. They issued a “neutral” rating and a $100.00 target price on the stock. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Camtek has a consensus rating of “Moderate Buy” and a consensus price target of $114.11.

Camtek Trading Down 2.6 %

NASDAQ CAMT opened at $66.05 on Friday. 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 twelve month low of $62.13 and a twelve month high of $140.50. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 27.29, a price-to-earnings-growth ratio of 1.89 and a beta of 1.38. The business’s fifty day moving average is $82.32 and its 200 day moving average is $80.31.

Camtek (NASDAQ:CAMT) last released its quarterly earnings data on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share for the quarter, missing the consensus estimate 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, sell-side analysts expect that Camtek Ltd. will post 2.93 EPS for the current fiscal 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.