Camtek Ltd. (NASDAQ:CAMT) had its price target lifted by B. Riley from $7.00 to $7.50 in a report issued on Wednesday. They currently have a buy rating on the semiconductor company’s stock. B. Riley also issued estimates for Camtek’s Q1 2018 earnings at $0.11 EPS and FY2019 earnings at $0.62 EPS.

A number of other analysts also recently commented on the company. Zacks Investment Research downgraded Camtek from a strong-buy rating to a hold rating in a research note on Tuesday, July 11th. Needham & Company LLC raised Camtek from a hold rating to a buy rating and set a $7.00 price objective on the stock in a research note on Tuesday, October 3rd. Finally, TheStreet downgraded Camtek from a b rating to a c rating in a research note on Friday, August 4th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. Camtek presently has an average rating of Buy and an average price target of $6.67.

Camtek (NASDAQ CAMT) traded down $0.03 on Wednesday, hitting $5.95. The stock had a trading volume of 95,800 shares, compared to its average volume of 316,371. Camtek has a 12 month low of $2.82 and a 12 month high of $7.96. The company has a market cap of $211.80, a P/E ratio of 17.59 and a beta of 1.01.

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The business also recently announced an annual dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 22nd will be given a dividend of $0.14 per share. This represents a dividend yield of 9.36%. The ex-dividend date of this dividend is Tuesday, November 21st.

Several institutional investors have recently made changes to their positions in CAMT. Algert Global LLC raised its position in shares of Camtek by 236.8% during the second quarter. Algert Global LLC now owns 464,971 shares of the semiconductor company’s stock worth $2,246,000 after purchasing an additional 326,899 shares during the period. PDT Partners LLC acquired a new stake in shares of Camtek during the second quarter worth $1,284,000. Acadian Asset Management LLC raised its position in shares of Camtek by 172.2% during the second quarter. Acadian Asset Management LLC now owns 341,294 shares of the semiconductor company’s stock worth $1,647,000 after purchasing an additional 215,925 shares during the period. Sphera Funds Management LTD. acquired a new stake in shares of Camtek during the second quarter worth $478,000. Finally, Renaissance Technologies LLC raised its position in shares of Camtek by 10.5% during the first quarter. Renaissance Technologies LLC now owns 1,016,600 shares of the semiconductor company’s stock worth $3,873,000 after purchasing an additional 96,670 shares during the period. 17.17% of the stock is currently owned by institutional investors.

Camtek Company Profile

Camtek Ltd. provides automated and technological solutions for production processes and products yield, enabling and supporting customers’ technologies in the semiconductor fabrication and printed circuit board (PCB) industries. The Company designs, develops, manufactures and markets products mainly based on two core technologies: automated optical inspection (AOI) and functional ink technology (FIT).

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