Semanteon Capital Management LP Takes $663,000 Position in Camtek Ltd. (NASDAQ:CAMT)

Semanteon Capital Management LP bought a new stake in Camtek Ltd. (NASDAQ:CAMT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 9,553 shares of the semiconductor company's stock, valued at approximately $663,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Optimum Investment Advisors boosted its stake in shares of Camtek by 15.0% in the 4th quarter. Optimum Investment Advisors now owns 1,725 shares of the semiconductor company's stock valued at $120,000 after purchasing an additional 225 shares in the last quarter. BluePath Capital Management LLC acquired a new position in Camtek during the 3rd quarter worth about $31,000. Van ECK Associates Corp lifted its position in Camtek by 6.8% during the 3rd quarter. Van ECK Associates Corp now owns 8,381 shares of the semiconductor company's stock worth $522,000 after buying an additional 533 shares in the last quarter. Legato Capital Management LLC lifted its position in Camtek by 8.6% during the 4th quarter. Legato Capital Management LLC now owns 8,510 shares of the semiconductor company's stock worth $590,000 after buying an additional 675 shares in the last quarter. Finally, Truvestments Capital LLC lifted its position in Camtek by 9.2% during the 3rd quarter. Truvestments Capital LLC now owns 9,013 shares of the semiconductor company's stock worth $561,000 after buying an additional 761 shares in the last quarter. Institutional investors and hedge funds own 41.93% of the company's stock.

Camtek Trading Up 4.2 %

Shares of CAMT stock traded up $3.30 on Friday, reaching $82.16. The company had a trading volume of 256,853 shares, compared to its average volume of 420,423. The company has a current ratio of 5.66, a quick ratio of 4.77 and a debt-to-equity ratio of 0.41. The stock has a market cap of $3.69 billion, a PE ratio of 48.68, a PEG ratio of 2.66 and a beta of 1.41. The company has a 50-day moving average of $80.60 and a 200-day moving average of $71.37. Camtek Ltd. has a 12 month low of $25.38 and a 12 month high of $90.54.

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

Camtek Announces Dividend

The company also recently declared a Variable dividend, which was paid on Thursday, April 18th. Shareholders of record on Thursday, April 4th were given a dividend of $1.33 per share. The ex-dividend date of this dividend was Wednesday, April 3rd. Camtek's dividend payout ratio (DPR) is currently 82.10%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. B. Riley reiterated a "buy" rating and set a $102.00 price target on shares of Camtek in a research report on Tuesday, March 26th. Barclays upped their price target 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. Finally, Evercore ISI assumed coverage on shares of Camtek in a research report on Tuesday, April 16th. They set an "outperform" rating and a $100.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $74.75.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.