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.
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.
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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