Swiss National Bank Increases Stock Holdings in Camtek Ltd. (NASDAQ:CAMT)

Swiss National Bank increased its holdings in shares of Camtek Ltd. (NASDAQ:CAMT) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,008 shares of the semiconductor company’s stock after buying an additional 1,369 shares during the quarter. Swiss National Bank’s holdings in Camtek were worth $4,813,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in CAMT. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Camtek by 10.2% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,670,000 shares of the semiconductor company’s stock worth $135,743,000 after acquiring an additional 154,548 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of Camtek by 32.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,135,453 shares of the semiconductor company’s stock valued at $91,711,000 after purchasing an additional 279,000 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Camtek by 9.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 963,874 shares of the semiconductor company’s stock valued at $77,852,000 after buying an additional 81,709 shares during the period. Meitav Investment House Ltd. increased its holdings in shares of Camtek by 119.3% during the 4th quarter. Meitav Investment House Ltd. now owns 818,123 shares of the semiconductor company’s stock worth $66,159,000 after buying an additional 445,079 shares during the last quarter. Finally, Two Sigma Advisers LP raised its position in shares of Camtek by 107.5% in the 3rd quarter. Two Sigma Advisers LP now owns 720,700 shares of the semiconductor company’s stock worth $57,548,000 after buying an additional 373,400 shares during the period. 41.93% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Cantor Fitzgerald initiated coverage on Camtek in a research note on Monday, January 13th. They set a “neutral” rating and a $100.00 price target for the company. Northland Securities increased their target price on shares of 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 shares of 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 issued a $105.00 price objective on shares of Camtek in a research report on Thursday, December 12th. Finally, Needham & Company LLC restated a “buy” rating and set a $110.00 target price on shares of Camtek in a report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Camtek presently has an average rating of “Moderate Buy” and a consensus target price of $114.11.

Camtek Trading Up 3.7 %

Shares of CAMT opened at $68.51 on Tuesday. Camtek Ltd. has a one year low of $62.13 and a one year high of $140.50. The stock has a 50-day moving average price of $81.96 and a 200 day moving average price of $80.19. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.11 and a current ratio of 5.00. The company has a market capitalization of $3.12 billion, a P/E ratio of 28.31, a P/E/G ratio of 1.89 and a beta of 1.38.

Camtek (NASDAQ:CAMT) last released its earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 EPS 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%. Sell-side analysts forecast that Camtek Ltd. will post 2.93 EPS for the current fiscal 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.