Stifel Financial Corp Purchases 7,181 Shares of Camtek Ltd. (NASDAQ:CAMT)

Stifel Financial Corp increased its holdings in Camtek Ltd. (NASDAQ:CAMT - Free Report) by 227.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,332 shares of the semiconductor company's stock after buying an additional 7,181 shares during the period. Stifel Financial Corp's holdings in Camtek were worth $835,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its position in shares of Camtek by 364.0% during the 4th quarter. Jones Financial Companies Lllp now owns 413 shares of the semiconductor company's stock valued at $33,000 after acquiring an additional 324 shares during the last quarter. Huntington National Bank raised its position in Camtek by 42.4% in the 4th quarter. Huntington National Bank now owns 413 shares of the semiconductor company's stock valued at $33,000 after buying an additional 123 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Camtek during the 3rd quarter worth approximately $53,000. Optimum Investment Advisors grew its position in Camtek by 43.3% during the fourth quarter. Optimum Investment Advisors now owns 2,150 shares of the semiconductor company's stock worth $174,000 after buying an additional 650 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of Camtek during the fourth quarter worth about $209,000. Institutional investors and hedge funds own 41.93% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CAMT. Jefferies Financial Group dropped their price objective on Camtek from $120.00 to $85.00 and set a "buy" rating on the stock in a research note on Friday, March 28th. Bank of America dropped their price target on Camtek from $105.00 to $80.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. StockNews.com raised shares of Camtek from a "sell" rating to a "hold" rating in a report on Wednesday, April 23rd. Cantor Fitzgerald initiated coverage on shares of Camtek in a research note on Monday, January 13th. They issued a "neutral" rating and a $100.00 price target on the stock. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $110.00 price objective on shares of Camtek in a research report on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Camtek currently has an average rating of "Moderate Buy" and a consensus price target of $103.13.

Camtek Stock Performance

Shares of CAMT stock traded down $0.59 during trading hours on Tuesday, hitting $68.61. The stock had a trading volume of 1,495,456 shares, compared to its average volume of 571,786. The stock's 50 day moving average is $62.90 and its 200 day moving average is $75.63. 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 market capitalization of $3.13 billion, a PE ratio of 28.35, a PEG ratio of 1.89 and a beta of 1.36. Camtek Ltd. has a twelve month low of $47.41 and a twelve month high of $140.50.

Camtek (NASDAQ:CAMT - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The semiconductor company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.06). Camtek had a net margin of 27.61% and a return on equity of 24.99%. As a group, research analysts forecast that Camtek Ltd. will post 2.93 earnings per share for the current fiscal year.

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.