Natixis Advisors L.P. Buys Shares of 15,853 Camtek Ltd. (NASDAQ:CAMT)

Natixis Advisors L.P. 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 Securities & Exchange Commission. The firm bought 15,853 shares of the semiconductor company's stock, valued at approximately $1,099,000.

A number of other institutional investors have also recently made changes to their positions in CAMT. Commonwealth Equity Services LLC acquired a new position in Camtek during the third quarter worth about $267,000. Raymond James & Associates purchased a new stake in shares of Camtek in the third quarter valued at approximately $691,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Camtek by 21.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,871 shares of the semiconductor company's stock valued at $490,000 after purchasing an additional 1,379 shares in the last quarter. Mackenzie Financial Corp acquired a new stake in shares of Camtek in the third quarter valued at approximately $297,000. Finally, CloudAlpha Capital Management Limited Hong Kong purchased a new position in Camtek during the third quarter worth approximately $1,525,000. 41.93% of the stock is owned by institutional investors and hedge funds.

Camtek Trading Down 0.6 %

Shares of NASDAQ CAMT traded down $0.54 during trading on Friday, reaching $97.10. The stock had a trading volume of 223,698 shares, compared to its average volume of 429,386. The company has a debt-to-equity ratio of 0.44, a quick ratio of 3.08 and a current ratio of 3.66. The company has a market cap of $4.36 billion, a P/E ratio of 54.86, a PEG ratio of 3.33 and a beta of 1.39. Camtek Ltd. has a fifty-two week low of $27.14 and a fifty-two week high of $100.95. The business's 50-day moving average price is $82.62 and its 200-day moving average price is $74.94.

Camtek (NASDAQ:CAMT - Get Free Report) last released its earnings results on Tuesday, February 20th. The semiconductor company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.04. The company had revenue of $88.70 million during the quarter, compared to the consensus estimate of $88.02 million. Camtek had a return on equity of 20.94% and a net margin of 25.35%. Camtek's revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 EPS. On average, equities research analysts predict that Camtek Ltd. will post 2.19 EPS for the current fiscal year.

Camtek Dividend Announcement

The firm also recently announced 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 dividend payout ratio (DPR) is presently 75.14%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CAMT. Northland Capmk downgraded Camtek from a "strong-buy" rating to a "hold" rating in a research note on Thursday. B. Riley restated a "buy" rating and set a $110.00 price objective (up from $102.00) on shares of Camtek in a research report on Friday, May 10th. Barclays boosted their target price on shares of Camtek from $90.00 to $105.00 and gave the company an "overweight" rating in a report on Friday, May 10th. Northland Securities downgraded shares of Camtek from an "outperform" rating to a "market perform" rating in a report on Thursday. Finally, Needham & Company LLC upped their price objective on Camtek from $92.00 to $106.00 and gave the company a "buy" rating in a report on Friday, May 10th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $90.50.

Camtek 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.