Deutsche Bank AG Raises Holdings in Camtek Ltd. (NASDAQ:CAMT)

Deutsche Bank AG grew its holdings in shares of Camtek Ltd. (NASDAQ:CAMT - Free Report) by 44.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 161,849 shares of the semiconductor company's stock after acquiring an additional 50,000 shares during the period. Deutsche Bank AG owned 0.36% of Camtek worth $13,073,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of CAMT. HighTower Advisors LLC boosted its position in shares of Camtek by 75.6% during the 4th quarter. HighTower Advisors LLC now owns 9,926 shares of the semiconductor company's stock valued at $802,000 after purchasing an additional 4,272 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its stake in Camtek by 1.5% in the fourth 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 buying an additional 381 shares during the period. Y.D. More Investments Ltd boosted its holdings in shares of Camtek by 6.0% during the 4th quarter. Y.D. More Investments Ltd now owns 525,413 shares of the semiconductor company's stock worth $42,905,000 after buying an additional 29,580 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its position 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 worth $77,852,000 after buying an additional 81,709 shares during the period. Finally, Swiss National Bank grew its position in shares of Camtek by 2.4% during the 4th quarter. Swiss National Bank now owns 59,008 shares of the semiconductor company's stock worth $4,813,000 after buying an additional 1,369 shares during the period. 41.93% of the stock is currently owned by institutional investors and hedge funds.

Camtek Stock Performance

Shares of NASDAQ CAMT traded down $0.64 during midday trading on Monday, reaching $65.30. The company's stock had a trading volume of 207,201 shares, compared to its average volume of 569,079. The stock has a market capitalization of $2.98 billion, a P/E ratio of 26.98, a PEG ratio of 1.89 and a beta of 1.36. The company has a debt-to-equity ratio of 0.36, a current ratio of 5.00 and a quick ratio of 4.11. The firm has a 50 day moving average price of $63.04 and a 200-day moving average price of $75.31. Camtek Ltd. has a 12-month low of $47.41 and a 12-month high of $140.50.

Camtek (NASDAQ:CAMT - Get Free Report) last announced its earnings results on Tuesday, May 13th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.02. The firm had revenue of $118.64 million during the quarter, compared to analyst estimates of $119.00 million. Camtek had a return on equity of 24.99% and a net margin of 27.61%. The business's revenue was up 22.3% compared to the same quarter last year. During the same period last year, the firm posted $0.63 EPS. As a group, equities analysts predict that Camtek Ltd. will post 2.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CAMT. Needham & Company LLC dropped their target price on shares of Camtek from $110.00 to $80.00 and set a "buy" rating on the stock in a research report on Wednesday, May 14th. Barclays dropped their price objective on shares of Camtek from $120.00 to $85.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Jefferies Financial Group reduced their target price on Camtek from $120.00 to $85.00 and set a "buy" rating for the company in a research note on Friday, March 28th. Northland Securities set a $105.00 price target on Camtek in a research note on Wednesday, May 14th. Finally, StockNews.com cut Camtek from a "hold" rating to a "sell" rating in a research note on Tuesday, May 13th. One analyst has rated the stock with a sell rating, one has given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $90.78.

About Camtek

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.