Winch Advisory Services LLC Has $553,000 Position in Roper Technologies Inc (ROP)

Winch Advisory Services LLC reduced its holdings in Roper Technologies Inc (NYSE:ROP) by 3.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,077 shares of the industrial products company’s stock after selling 75 shares during the period. Winch Advisory Services LLC’s holdings in Roper Technologies were worth $553,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of ROP. Villere ST Denis J & Co. LLC bought a new position in Roper Technologies in the 4th quarter worth approximately $59,432,000. Vaughan Nelson Investment Management L.P. increased its position in Roper Technologies by 71.0% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 436,175 shares of the industrial products company’s stock worth $129,200,000 after buying an additional 181,045 shares during the period. Bank of New York Mellon Corp increased its position in Roper Technologies by 21.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 952,273 shares of the industrial products company’s stock worth $282,073,000 after buying an additional 168,161 shares during the period. JPMorgan Chase & Co. increased its position in Roper Technologies by 12.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,249,142 shares of the industrial products company’s stock worth $370,008,000 after buying an additional 134,469 shares during the period. Finally, Marshall Wace North America L.P. increased its position in Roper Technologies by 32.7% in the 3rd quarter. Marshall Wace North America L.P. now owns 507,364 shares of the industrial products company’s stock worth $150,286,000 after buying an additional 124,939 shares during the period. 94.14% of the stock is currently owned by institutional investors.

In other Roper Technologies news, Director Robert E. Knowling, Jr. sold 1,000 shares of the company’s stock in a transaction on Monday, November 26th. The stock was sold at an average price of $286.07, for a total value of $286,070.00. Following the sale, the director now directly owns 13,038 shares in the company, valued at $3,729,780.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John K. Stipancich sold 9,000 shares of the company’s stock in a transaction on Tuesday, February 5th. The shares were sold at an average price of $295.62, for a total value of $2,660,580.00. Following the completion of the sale, the vice president now owns 39,521 shares in the company, valued at $11,683,198.02. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,350 shares of company stock worth $3,349,955. 2.30% of the stock is currently owned by company insiders.



ROP has been the topic of several recent analyst reports. ValuEngine raised Roper Technologies from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. Barclays dropped their price target on Roper Technologies from $306.00 to $299.00 and set an “equal weight” rating on the stock in a research report on Monday, October 29th. Wells Fargo & Co lifted their price target on Roper Technologies from $342.00 to $345.00 and gave the stock an “outperform” rating in a research report on Monday, February 4th. Robert W. Baird lifted their price target on Roper Technologies from $285.00 to $306.00 and gave the stock a “neutral” rating in a research report on Monday, February 4th. Finally, Zacks Investment Research downgraded Roper Technologies from a “hold” rating to a “sell” rating in a research report on Monday, January 21st. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Roper Technologies currently has a consensus rating of “Buy” and a consensus target price of $321.25.

Shares of ROP traded up $0.85 on Monday, reaching $301.01. 5,370 shares of the stock traded hands, compared to its average volume of 412,179. The stock has a market cap of $31.17 billion, a PE ratio of 25.54, a P/E/G ratio of 2.00 and a beta of 1.13. The company has a current ratio of 1.11, a quick ratio of 0.98 and a debt-to-equity ratio of 0.64. Roper Technologies Inc has a 12 month low of $245.59 and a 12 month high of $312.65.

Roper Technologies (NYSE:ROP) last released its quarterly earnings data on Friday, February 1st. The industrial products company reported $3.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.13 by $0.09. The business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Roper Technologies had a return on equity of 16.57% and a net margin of 18.19%. Roper Technologies’s quarterly revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the business posted $2.70 earnings per share. Equities analysts forecast that Roper Technologies Inc will post 12.18 earnings per share for the current fiscal year.

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Roper Technologies Company Profile

Roper Technologies, Inc designs and develops software, and engineered products and solutions. It operates in four segments: RF Technology; Medical & Scientific Imaging; Industrial Technology; and Energy Systems & Controls. The company offers radio frequency identification (RFID) communication technology and software solutions, including application management software, software-as-a-service applications, card systems/integrated security solutions, toll and traffic systems, RFID card readers, and metering and remote monitoring products.

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Institutional Ownership by Quarter for Roper Technologies (NYSE:ROP)

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