Signaturefd LLC Acquires 94 Shares of Roper Technologies Inc (NYSE:ROP)

Signaturefd LLC boosted its holdings in shares of Roper Technologies Inc (NYSE:ROP) by 11.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 917 shares of the industrial products company’s stock after buying an additional 94 shares during the quarter. Signaturefd LLC’s holdings in Roper Technologies were worth $336,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in ROP. Hoylecohen LLC purchased a new position in Roper Technologies during the first quarter valued at approximately $256,000. FMR LLC lifted its holdings in Roper Technologies by 95.8% during the first quarter. FMR LLC now owns 1,733,162 shares of the industrial products company’s stock valued at $592,690,000 after purchasing an additional 848,157 shares in the last quarter. Northern Trust Corp lifted its holdings in Roper Technologies by 1.8% during the first quarter. Northern Trust Corp now owns 1,183,835 shares of the industrial products company’s stock valued at $404,835,000 after purchasing an additional 21,194 shares in the last quarter. Tredje AP fonden lifted its holdings in Roper Technologies by 1.5% during the first quarter. Tredje AP fonden now owns 8,779 shares of the industrial products company’s stock valued at $3,002,000 after purchasing an additional 129 shares in the last quarter. Finally, Private Advisor Group LLC lifted its holdings in Roper Technologies by 29.7% during the first quarter. Private Advisor Group LLC now owns 4,298 shares of the industrial products company’s stock valued at $1,469,000 after purchasing an additional 985 shares in the last quarter. Institutional investors own 93.04% of the company’s stock.

Several equities analysts have weighed in on the stock. Barclays lifted their price target on shares of Roper Technologies from $342.00 to $355.00 and gave the company an “equal weight” rating in a report on Tuesday, July 9th. Wells Fargo & Co lifted their price target on shares of Roper Technologies from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Tuesday, July 23rd. Royal Bank of Canada set a $393.00 price target on shares of Roper Technologies and gave the company a “buy” rating in a report on Friday, July 26th. Stephens lifted their price target on shares of Roper Technologies from $390.00 to $402.00 and gave the company an “overweight” rating in a report on Tuesday, April 30th. Finally, Argus lifted their price target on shares of Roper Technologies from $330.00 to $365.00 and gave the company a “buy” rating in a report on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $374.10.



Shares of ROP stock traded down $2.42 during mid-day trading on Wednesday, hitting $350.57. The company had a trading volume of 5,975 shares, compared to its average volume of 429,528. Roper Technologies Inc has a 52-week low of $245.59 and a 52-week high of $385.51. The company has a 50 day simple moving average of $368.27. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.11 and a quick ratio of 0.97. The stock has a market capitalization of $36.92 billion, a P/E ratio of 29.71, a P/E/G ratio of 2.49 and a beta of 1.16.

Roper Technologies (NYSE:ROP) last released its earnings results on Thursday, July 25th. The industrial products company reported $3.07 EPS for the quarter, topping the consensus estimate of $3.05 by $0.02. Roper Technologies had a net margin of 21.16% and a return on equity of 16.70%. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the previous year, the firm earned $2.89 earnings per share. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. As a group, equities analysts expect that Roper Technologies Inc will post 12.99 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 24th. Stockholders of record on Monday, July 8th were issued a $0.4625 dividend. This represents a $1.85 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend was Friday, July 5th. Roper Technologies’s dividend payout ratio (DPR) is presently 15.66%.

In related news, insider Laurence Neil Hunn sold 47,000 shares of the company’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $354.76, for a total transaction of $16,673,720.00. Following the sale, the insider now owns 218,866 shares of the company’s stock, valued at $77,644,902.16. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Robert E. Knowling, Jr. sold 2,000 shares of the company’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $363.44, for a total transaction of $726,880.00. Following the sale, the director now directly owns 12,918 shares in the company, valued at approximately $4,694,917.92. The disclosure for this sale can be found here. Insiders sold 49,750 shares of company stock worth $17,659,170 in the last three months. Insiders own 1.90% of the company’s stock.

Roper Technologies Profile

Roper Technologies, Inc designs and develops software, and engineered products and solutions worldwide. The company operates in four segments: Application Software; Network Software & Systems; Measurement & Analytical Solutions; and Process Technologies. It offers application management software, software-as-a-service applications, card systems/integrated security, toll and traffic systems, radio frequency identification 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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