Orbotech Ltd (ORBK) Shares Bought by UBS Group AG

UBS Group AG grew its holdings in shares of Orbotech Ltd (NASDAQ:ORBK) by 686.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 613,142 shares of the electronics maker’s stock after buying an additional 535,153 shares during the period. UBS Group AG owned 1.27% of Orbotech worth $38,125,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ORBK. Aperio Group LLC increased its stake in shares of Orbotech by 3.8% during the fourth quarter. Aperio Group LLC now owns 37,240 shares of the electronics maker’s stock valued at $1,871,000 after buying an additional 1,357 shares during the period. M&T Bank Corp increased its stake in shares of Orbotech by 12.2% during the fourth quarter. M&T Bank Corp now owns 28,068 shares of the electronics maker’s stock valued at $1,410,000 after buying an additional 3,052 shares during the period. California Public Employees Retirement System increased its stake in shares of Orbotech by 0.8% during the fourth quarter. California Public Employees Retirement System now owns 190,803 shares of the electronics maker’s stock valued at $9,586,000 after buying an additional 1,442 shares during the period. BlackRock Inc. increased its stake in shares of Orbotech by 13.4% during the fourth quarter. BlackRock Inc. now owns 734,585 shares of the electronics maker’s stock valued at $36,906,000 after buying an additional 86,780 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Orbotech by 185.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 84,300 shares of the electronics maker’s stock valued at $4,235,000 after buying an additional 54,800 shares during the period. 72.23% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently issued reports on ORBK shares. BidaskClub raised Orbotech from a “hold” rating to a “buy” rating in a research note on Friday, March 9th. Stifel Nicolaus cut Orbotech to a “hold” rating and set a $69.00 target price on the stock. in a research note on Monday, March 19th. Needham & Company LLC cut Orbotech from a “buy” rating to a “hold” rating in a research note on Monday, March 19th. Lake Street Capital cut Orbotech from a “buy” rating to a “hold” rating in a research note on Tuesday, March 20th. Finally, Zacks Investment Research cut Orbotech from a “buy” rating to a “hold” rating in a research note on Tuesday, May 29th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $58.38.



Shares of ORBK stock opened at $64.08 on Friday. The firm has a market capitalization of $3.13 billion, a P/E ratio of 23.39, a PEG ratio of 1.03 and a beta of 0.62. Orbotech Ltd has a twelve month low of $32.25 and a twelve month high of $65.75. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.84 and a current ratio of 3.58.

Orbotech (NASDAQ:ORBK) last issued its quarterly earnings results on Tuesday, May 8th. The electronics maker reported $0.83 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.10. The company had revenue of $250.55 million for the quarter, compared to analysts’ expectations of $242.38 million. Orbotech had a return on equity of 17.28% and a net margin of 15.33%. equities analysts anticipate that Orbotech Ltd will post 3.33 earnings per share for the current fiscal year.

Orbotech Company Profile

Orbotech Ltd. provides yield-enhancing and process-enabling solutions for the manufacture of printed circuit boards (PCBs), flat panel displays (FPDs), semiconductor devices (SDs), and other electronic components in China, Taiwan, North America, Europe, Japan, Korea, and internationally. It operates through three segments: Production Solutions for the Electronics Industry, Solar Energy, and Recognition Software.

Institutional Ownership by Quarter for Orbotech (NASDAQ:ORBK)

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