HBK Sorce Advisory LLC Sells 407 Shares of Camtek Ltd. (NASDAQ:CAMT)

HBK Sorce Advisory LLC reduced its stake in Camtek Ltd. (NASDAQ:CAMT) by 5.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,765 shares of the semiconductor company’s stock after selling 407 shares during the quarter. HBK Sorce Advisory LLC’s holdings in Camtek were worth $627,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd raised its holdings in Camtek by 21.5% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,515,452 shares of the semiconductor company’s stock worth $121,734,000 after purchasing an additional 268,258 shares during the period. Blueshift Asset Management LLC bought a new position in Camtek in the 3rd quarter worth $624,000. Point72 Hong Kong Ltd raised its holdings in Camtek by 193,738.7% in the 3rd quarter. Point72 Hong Kong Ltd now owns 60,090 shares of the semiconductor company’s stock worth $4,798,000 after purchasing an additional 60,059 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Camtek by 16.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 486,606 shares of the semiconductor company’s stock worth $38,855,000 after purchasing an additional 67,250 shares during the period. Finally, Centiva Capital LP bought a new position in Camtek in the 3rd quarter worth $705,000. 41.93% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on CAMT shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $110.00 target price on shares of Camtek in a report on Thursday, February 13th. Barclays cut their price target on Camtek from $140.00 to $120.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Cantor Fitzgerald assumed coverage on Camtek in a research note on Monday, January 13th. They issued a “neutral” rating and a $100.00 price target for the company. StockNews.com upgraded Camtek from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $105.00 price target on shares of Camtek in a research note on Thursday, December 12th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Camtek has a consensus rating of “Moderate Buy” and a consensus target price of $114.11.

Camtek Trading Up 3.8 %

Shares of Camtek stock opened at $65.89 on Friday. The firm has a market cap of $2.99 billion, a price-to-earnings ratio of 27.23, a PEG ratio of 1.89 and a beta of 1.38. The business has a 50-day moving average price of $85.13 and a 200-day moving average price of $81.44. 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 $62.44 and a twelve month high of $140.50.

Camtek (NASDAQ:CAMT) last issued its quarterly earnings data on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). Camtek had a net margin of 27.61% and a return on equity of 24.99%. Equities research analysts anticipate 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.