Capital Investment Services of America Inc. Purchases 234 Shares of Roper Technologies Inc (NYSE:ROP)

Capital Investment Services of America Inc. raised its position in Roper Technologies Inc (NYSE:ROP) by 0.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 52,412 shares of the industrial products company’s stock after purchasing an additional 234 shares during the period. Roper Technologies makes up about 2.8% of Capital Investment Services of America Inc.’s investment portfolio, making the stock its 15th biggest holding. Capital Investment Services of America Inc.’s holdings in Roper Technologies were worth $18,690,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. FMR LLC boosted 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 worth $592,690,000 after purchasing an additional 848,157 shares during the last quarter. LPL Financial LLC boosted its holdings in Roper Technologies by 2.0% during the second quarter. LPL Financial LLC now owns 4,058 shares of the industrial products company’s stock worth $1,486,000 after purchasing an additional 79 shares during the last quarter. Mirova boosted its holdings in Roper Technologies by 132,040.5% during the second quarter. Mirova now owns 153,283 shares of the industrial products company’s stock worth $56,141,000 after purchasing an additional 153,167 shares during the last quarter. San Francisco Sentry Investment Group CA boosted its holdings in Roper Technologies by 6.0% during the second quarter. San Francisco Sentry Investment Group CA now owns 2,672 shares of the industrial products company’s stock worth $978,000 after purchasing an additional 151 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its holdings in Roper Technologies by 107.2% during the third quarter. State of Alaska Department of Revenue now owns 34,552 shares of the industrial products company’s stock worth $12,321,000 after purchasing an additional 17,874 shares during the last quarter. 92.26% of the stock is owned by institutional investors.

ROP stock traded up $2.43 during trading hours on Friday, reaching $342.48. The stock had a trading volume of 464,901 shares, compared to its average volume of 441,572. The stock has a market capitalization of $34.59 billion, a PE ratio of 29.00, a price-to-earnings-growth ratio of 2.04 and a beta of 1.14. 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 50-day simple moving average of $355.88 and a 200 day simple moving average of $357.46. Roper Technologies Inc has a fifty-two week low of $245.59 and a fifty-two week high of $385.51.



Roper Technologies (NYSE:ROP) last announced its quarterly earnings results on Thursday, July 25th. The industrial products company reported $3.07 EPS for the quarter, beating analysts’ consensus estimates of $3.05 by $0.02. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Roper Technologies had a net margin of 21.16% and a return on equity of 16.70%. The company’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter last year, the company posted $2.89 earnings per share. On average, sell-side analysts forecast that Roper Technologies Inc will post 13.01 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 22nd. Stockholders of record on Friday, October 4th will be paid a dividend of $0.4625 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date is Thursday, October 3rd. Roper Technologies’s dividend payout ratio is presently 15.66%.

A number of brokerages have commented on ROP. Zacks Investment Research cut shares of Roper Technologies from a “buy” rating to a “hold” rating and set a $394.00 price target for the company. in a research note on Monday, September 9th. Wells Fargo & Co increased their price target on shares of Roper Technologies from $400.00 to $450.00 and gave the company an “outperform” rating in a research note on Tuesday, July 23rd. ValuEngine cut shares of Roper Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, September 10th. Royal Bank of Canada increased their price target on shares of Roper Technologies from $393.00 to $404.00 and gave the company an “outperform” rating in a research note on Tuesday, August 27th. Finally, Barclays increased their price target on shares of Roper Technologies from $342.00 to $355.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 9th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $376.80.

In other news, Director Robert D. Johnson sold 500 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $363.04, for a total transaction of $181,520.00. Following the completion of the sale, the director now owns 9,080 shares in the company, valued at approximately $3,296,403.20. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Amy Woods Brinkley sold 1,500 shares of the firm’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $360.54, for a total transaction of $540,810.00. Following the sale, the director now owns 15,380 shares of the company’s stock, valued at approximately $5,545,105.20. The disclosure for this sale can be found here. Company insiders own 1.90% of the company’s stock.

Roper Technologies Company 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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