Stifel Financial Corp raised its position in Orbotech Ltd. (NASDAQ:ORBK) by 7.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 436,216 shares of the electronics maker’s stock after purchasing an additional 28,528 shares during the quarter. Stifel Financial Corp owned about 0.91% of Orbotech worth $18,391,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ORBK. JPMorgan Chase & Co. boosted its holdings in Orbotech by 929.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,146,419 shares of the electronics maker’s stock valued at $48,196,000 after purchasing an additional 1,035,068 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Orbotech by 58.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,692,486 shares of the electronics maker’s stock worth $55,209,000 after acquiring an additional 622,014 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Orbotech by 40.6% in the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,001,779 shares of the electronics maker’s stock worth $65,298,000 after acquiring an additional 577,756 shares during the last quarter. Menora Mivtachim Holdings LTD. lifted its holdings in shares of Orbotech by 81.3% in the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 1,283,306 shares of the electronics maker’s stock worth $54,168,000 after acquiring an additional 575,307 shares during the last quarter. Finally, Westfield Capital Management Co. LP lifted its holdings in shares of Orbotech by 110.0% in the 3rd quarter. Westfield Capital Management Co. LP now owns 1,044,286 shares of the electronics maker’s stock worth $44,079,000 after acquiring an additional 546,909 shares during the last quarter. Institutional investors own 66.17% of the company’s stock.

Several equities analysts have recently commented on ORBK shares. Zacks Investment Research lowered shares of Orbotech from a “buy” rating to a “hold” rating in a report on Saturday, September 2nd. Barclays upped their price objective on shares of Orbotech to $60.00 and gave the stock an “overweight” rating in a report on Thursday, November 2nd. Stifel Nicolaus upped their price objective on shares of Orbotech from $52.00 to $62.00 and gave the stock a “buy” rating in a report on Tuesday, November 7th. Jefferies Group restated a “buy” rating and issued a $42.00 price objective on shares of Orbotech in a report on Tuesday, September 12th. Finally, Oppenheimer upped their price objective on shares of Orbotech from $42.00 to $54.00 and gave the stock an “outperform” rating in a report on Thursday, November 2nd. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $51.00.

Shares of Orbotech Ltd. (NASDAQ ORBK) opened at $49.28 on Thursday. The stock has a market cap of $2,368.36, a P/E ratio of 19.24, a price-to-earnings-growth ratio of 0.94 and a beta of 0.80. Orbotech Ltd. has a fifty-two week low of $28.01 and a fifty-two week high of $56.44. The company has a current ratio of 3.37, a quick ratio of 2.71 and a debt-to-equity ratio of 0.07.

COPYRIGHT VIOLATION NOTICE: “Orbotech Ltd. (ORBK) Holdings Boosted by Stifel Financial Corp” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/12/07/orbotech-ltd-orbk-holdings-boosted-by-stifel-financial-corp.html.

Orbotech Company Profile

Orbotech Ltd. is a supplier of yield-enhancing and process-enabling solutions for the manufacture of electronics products. The Company provides cutting-edge solutions for use in the manufacture of printed circuit boards (PCBs), flat panel displays (FPDs) and semiconductor devices (SDs). The Company’s segments include Production Solutions for the Electronics Industry, Solar Energy and Recognition Software.

Want to see what other hedge funds are holding ORBK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Orbotech Ltd. (NASDAQ:ORBK).

Institutional Ownership by Quarter for Orbotech (NASDAQ:ORBK)

Receive News & Ratings for Orbotech Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orbotech Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.