Y.D. More Investments Ltd Has $5.29 Million Stock Position in Camtek Ltd. (NASDAQ:CAMT)

Y.D. More Investments Ltd lessened its holdings in Camtek Ltd. (NASDAQ:CAMT) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,292 shares of the semiconductor company’s stock after selling 5,812 shares during the period. Camtek accounts for about 1.1% of Y.D. More Investments Ltd’s investment portfolio, making the stock its 27th biggest holding. Y.D. More Investments Ltd owned approximately 0.17% of Camtek worth $5,293,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of CAMT. BluePath Capital Management LLC bought a new stake in shares of Camtek during the 3rd quarter worth about $31,000. Optimum Investment Advisors boosted its holdings in shares of Camtek by 15.0% during the 4th quarter. Optimum Investment Advisors now owns 1,725 shares of the semiconductor company’s stock worth $120,000 after buying an additional 225 shares during the period. PNC Financial Services Group Inc. grew its stake in Camtek by 431.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,940 shares of the semiconductor company’s stock valued at $121,000 after buying an additional 1,575 shares during the last quarter. C M Bidwell & Associates Ltd. raised its holdings in Camtek by 3,062.2% in the 3rd quarter. C M Bidwell & Associates Ltd. now owns 2,846 shares of the semiconductor company’s stock worth $177,000 after acquiring an additional 2,756 shares during the period. Finally, WINTON GROUP Ltd acquired a new position in Camtek during the 3rd quarter worth $207,000. 41.93% of the stock is currently owned by institutional investors.

Camtek Stock Performance

Shares of NASDAQ CAMT traded down $2.09 during trading hours on Wednesday, reaching $78.88. The stock had a trading volume of 307,967 shares, compared to its average volume of 412,359. The company has a market cap of $3.54 billion, a price-to-earnings ratio of 49.55, a PEG ratio of 2.84 and a beta of 1.41. Camtek Ltd. has a twelve month low of $25.70 and a twelve month high of $90.54. The business’s fifty day moving average is $80.36 and its two-hundred day moving average is $71.99. The company has a debt-to-equity ratio of 0.41, a current ratio of 5.66 and a quick ratio of 4.77.

Camtek (NASDAQ:CAMT) last announced its quarterly earnings data on Tuesday, February 20th. The semiconductor company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.04. Camtek had a net margin of 24.93% and a return on equity of 18.92%. The company had revenue of $88.70 million during the quarter, compared to analysts’ expectations of $88.02 million. During the same quarter in the prior year, the company posted $0.45 EPS. The business’s revenue was up 7.9% on a year-over-year basis. As a group, research analysts expect that Camtek Ltd. will post 2.12 EPS for the current year.

Camtek Dividend Announcement

The business also recently disclosed a Variable dividend, which was paid on Thursday, April 18th. Shareholders of record on Thursday, April 4th were issued a dividend of $1.33 per share. The ex-dividend date was Wednesday, April 3rd. Camtek’s payout ratio is 82.10%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CAMT. Evercore ISI started coverage on Camtek in a research report on Tuesday, April 16th. They set an “outperform” rating and a $100.00 price objective for the company. B. Riley restated a “buy” rating and issued a $102.00 price objective on shares of Camtek in a research note on Tuesday, March 26th. Finally, Barclays boosted their target price on shares of Camtek from $82.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 21st. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $74.75.

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.