Edmond DE Rothschild Holding S.A. boosted its position in shares of Nova Measuring Instruments Ltd. (NASDAQ:NVMI) by 16.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,148 shares of the semiconductor company’s stock after acquiring an additional 5,648 shares during the quarter. Edmond DE Rothschild Holding S.A. owned 0.14% of Nova Measuring Instruments worth $908,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NVMI. Ibex Investors LLC increased its holdings in shares of Nova Measuring Instruments by 29.1% in the fourth quarter. Ibex Investors LLC now owns 581,000 shares of the semiconductor company’s stock valued at $13,235,000 after purchasing an additional 131,000 shares during the last quarter. Seizert Capital Partners LLC acquired a new position in shares of Nova Measuring Instruments in the third quarter valued at $2,794,000. Royce & Associates LP increased its holdings in shares of Nova Measuring Instruments by 22.9% in the fourth quarter. Royce & Associates LP now owns 469,104 shares of the semiconductor company’s stock valued at $10,686,000 after purchasing an additional 87,404 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Nova Measuring Instruments by 4.8% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,346,622 shares of the semiconductor company’s stock valued at $30,676,000 after purchasing an additional 61,654 shares during the last quarter. Finally, ETF Managers Group LLC acquired a new position in shares of Nova Measuring Instruments in the fourth quarter valued at $524,000. 48.42% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:NVMI opened at $24.52 on Friday. Nova Measuring Instruments Ltd. has a one year low of $20.83 and a one year high of $32.00. The firm has a market capitalization of $679.01 million, a price-to-earnings ratio of 12.51 and a beta of 1.12.

Nova Measuring Instruments (NASDAQ:NVMI) last released its quarterly earnings results on Wednesday, February 13th. The semiconductor company reported $0.55 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.17. Nova Measuring Instruments had a net margin of 21.65% and a return on equity of 21.64%. The business had revenue of $63.07 million for the quarter, compared to the consensus estimate of $60.83 million. During the same period in the prior year, the company posted $0.45 earnings per share. Nova Measuring Instruments’s revenue was up 9.9% compared to the same quarter last year. Equities research analysts predict that Nova Measuring Instruments Ltd. will post 1.53 EPS for the current year.

NVMI has been the topic of several research reports. Benchmark upped their price objective on shares of Nova Measuring Instruments from $32.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, February 14th. BidaskClub upgraded shares of Nova Measuring Instruments from a “sell” rating to a “hold” rating in a report on Wednesday, November 28th. Finally, Zacks Investment Research downgraded shares of Nova Measuring Instruments from a “hold” rating to a “sell” rating in a report on Thursday, February 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $33.25.

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About Nova Measuring Instruments

Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel. The company offers in-line optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems that attach directly to wafer fabrication process equipment.

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Institutional Ownership by Quarter for Nova Measuring Instruments (NASDAQ:NVMI)

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