2,589 Shares in Camtek Ltd. (NASDAQ:CAMT) Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new stake in shares of Camtek Ltd. (NASDAQ:CAMT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,589 shares of the semiconductor company’s stock, valued at approximately $209,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CAMT. Advisors Asset Management Inc. lifted its stake in shares of Camtek by 78.8% during the third quarter. Advisors Asset Management Inc. now owns 329 shares of the semiconductor company’s stock worth $26,000 after buying an additional 145 shares during the period. Van ECK Associates Corp raised its stake in Camtek by 1.6% in 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 last quarter. Prentiss Smith & Co. Inc. lifted its position in Camtek by 10.8% during the 4th quarter. Prentiss Smith & Co. Inc. now owns 2,786 shares of the semiconductor company’s stock worth $225,000 after acquiring an additional 272 shares during the period. State of New Jersey Common Pension Fund D grew its stake in Camtek by 1.5% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 25,150 shares of the semiconductor company’s stock valued at $2,031,000 after purchasing an additional 381 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Camtek in the third quarter valued at about $53,000. 41.93% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Needham & Company LLC restated a “buy” rating and issued a $110.00 price objective on shares of Camtek in a research note on Thursday, February 13th. Northland Securities raised their price target 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 dropped their price objective 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. Cantor Fitzgerald began coverage on shares of Camtek in a research note on Monday, January 13th. They issued a “neutral” rating and a $100.00 price objective on the stock. Finally, Stifel Nicolaus restated a “buy” rating and set a $105.00 target price on shares of Camtek in a research report on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Camtek currently has an average rating of “Moderate Buy” and an average target price of $114.11.

Camtek Stock Up 1.1 %

CAMT stock opened at $71.08 on Thursday. Camtek Ltd. has a one year low of $67.00 and a one year high of $140.50. 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 firm’s fifty day moving average is $87.35 and its 200 day moving average is $82.78. The firm has a market cap of $3.22 billion, a PE ratio of 29.37, a P/E/G ratio of 1.89 and a beta of 1.34.

Camtek (NASDAQ:CAMT) last posted its earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Camtek had a return on equity of 24.99% and a net margin of 27.61%. On average, research analysts forecast that Camtek Ltd. will post 2.93 EPS 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.