Analog Century Management LP Has $73.77 Million Stake in Camtek Ltd. $CAMT

Analog Century Management LP lifted its holdings in shares of Camtek Ltd. (NASDAQ:CAMT) by 14.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 693,720 shares of the semiconductor company’s stock after buying an additional 89,461 shares during the quarter. Camtek comprises approximately 3.6% of Analog Century Management LP’s investment portfolio, making the stock its 15th biggest holding. Analog Century Management LP owned about 1.52% of Camtek worth $73,774,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Camtek during the 4th quarter worth approximately $57,772,000. Wells Fargo & Company MN grew its position in shares of Camtek by 35.3% during the 4th quarter. Wells Fargo & Company MN now owns 8,970 shares of the semiconductor company’s stock worth $954,000 after buying an additional 2,339 shares during the period. Castleark Management LLC grew its position in shares of Camtek by 34.0% during the 4th quarter. Castleark Management LLC now owns 24,580 shares of the semiconductor company’s stock worth $2,614,000 after buying an additional 6,240 shares during the period. Advisors Asset Management Inc. grew its position in shares of Camtek by 37.7% during the 4th quarter. Advisors Asset Management Inc. now owns 1,493 shares of the semiconductor company’s stock worth $159,000 after buying an additional 409 shares during the period. Finally, HRT Financial LP acquired a new stake in shares of Camtek during the 4th quarter worth approximately $397,000. Institutional investors and hedge funds own 41.93% of the company’s stock.

Camtek Stock Up 5.0%

Camtek stock opened at $193.27 on Friday. The company’s 50 day simple moving average is $177.22 and its 200 day simple moving average is $152.17. Camtek Ltd. has a fifty-two week low of $70.07 and a fifty-two week high of $215.99. The firm has a market capitalization of $8.86 billion, a price-to-earnings ratio of 222.15, a PEG ratio of 4.64 and a beta of 1.54. The company has a debt-to-equity ratio of 0.71, a current ratio of 8.35 and a quick ratio of 7.46.

Camtek (NASDAQ:CAMT) last released its quarterly earnings data on Tuesday, May 12th. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.01. Camtek had a net margin of 9.63% and a return on equity of 22.26%. The business had revenue of $121.66 million for the quarter, compared to analyst estimates of $120.15 million. During the same quarter last year, the firm earned $0.79 EPS. Camtek’s quarterly revenue was up 2.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Camtek Ltd. will post 3.14 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Stifel Nicolaus reiterated a “hold” rating and set a $185.00 price target on shares of Camtek in a research report on Friday, April 17th. Jefferies Financial Group lifted their price objective on shares of Camtek from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Needham & Company LLC lifted their price objective on shares of Camtek from $175.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. B. Riley Financial reissued a “buy” rating on shares of Camtek in a research note on Monday, April 20th. Finally, Weiss Ratings raised shares of Camtek from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, May 14th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $174.33.

About Camtek

Camtek Ltd. (NASDAQ: CAMT) is a provider of automated inspection and metrology solutions for the semiconductor and printed circuit board (PCB) industries. The company develops, manufactures and markets a suite of inline and stand-alone systems that perform high‐resolution 2D and 3D measurements, defect review and process control. Its products are used by integrated device manufacturers, foundries, OSAT (outsourced semiconductor assembly and test) providers, and PCB fabricators to optimize yield, improve product quality and reduce production costs.

Camtek’s core offerings include wafer inspection systems that detect and classify defects on patterned wafers, patterned wafer metrology tools for overlay and critical dimension measurements, and advanced packaging inspection platforms for 3D ICs and fan-out wafer-level packaging.