Bridge City Capital LLC Boosts Stake in Rudolph Technologies Inc (NYSE:RTEC)

Bridge City Capital LLC lifted its stake in Rudolph Technologies Inc (NYSE:RTEC) by 27.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,169 shares of the scientific and technical instruments company’s stock after purchasing an additional 15,081 shares during the period. Bridge City Capital LLC owned 0.22% of Rudolph Technologies worth $1,823,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of RTEC. Strs Ohio bought a new position in Rudolph Technologies in the 3rd quarter worth $86,000. Tower Research Capital LLC TRC boosted its holdings in Rudolph Technologies by 206.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,840 shares of the scientific and technical instruments company’s stock worth $106,000 after buying an additional 2,586 shares during the period. Meeder Asset Management Inc. boosted its holdings in Rudolph Technologies by 3,528.2% in the 2nd quarter. Meeder Asset Management Inc. now owns 4,245 shares of the scientific and technical instruments company’s stock worth $117,000 after buying an additional 4,128 shares during the period. Stonebridge Capital Advisors LLC bought a new position in Rudolph Technologies in the 2nd quarter worth $163,000. Finally, Advisor Group Inc. boosted its holdings in Rudolph Technologies by 17.9% in the 2nd quarter. Advisor Group Inc. now owns 6,128 shares of the scientific and technical instruments company’s stock worth $170,000 after buying an additional 930 shares during the period. Hedge funds and other institutional investors own 95.57% of the company’s stock.

RTEC has been the subject of several recent analyst reports. ValuEngine downgraded shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Dougherty & Co downgraded shares of Rudolph Technologies from a “buy” rating to a “neutral” rating in a report on Wednesday, July 31st. TheStreet downgraded shares of Rudolph Technologies from a “b-” rating to a “c+” rating in a report on Friday, September 6th. Finally, Zacks Investment Research raised shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, October 1st.

Shares of Rudolph Technologies stock opened at $27.47 on Wednesday. The company has a market capitalization of $834.84 million, a P/E ratio of 19.35, a P/E/G ratio of 2.55 and a beta of 1.06. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.70 and a current ratio of 8.07. The company has a fifty day moving average of $25.63 and a 200 day moving average of $25.04. Rudolph Technologies Inc has a fifty-two week low of $18.13 and a fifty-two week high of $29.57.

Rudolph Technologies (NYSE:RTEC) last issued its earnings results on Tuesday, July 30th. The scientific and technical instruments company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.07. Rudolph Technologies had a net margin of 11.55% and a return on equity of 8.44%. The company had revenue of $61.51 million during the quarter, compared to the consensus estimate of $62.56 million. During the same quarter in the prior year, the firm posted $0.51 EPS. Rudolph Technologies’s quarterly revenue was down 20.6% compared to the same quarter last year. Analysts forecast that Rudolph Technologies Inc will post 1.05 EPS for the current year.

Rudolph Technologies Company Profile

Rudolph Technologies, Inc designs, develops, manufactures, and supports process control defect inspection and metrology, advanced packaging lithography, and process control software systems used by microelectronic device manufacturers. It offers process and yield management solutions used in bare silicon wafer production and processing facilities, and device packaging and test facilities through standalone systems for macro-defect inspection, packaging lithography, probe card test and analysis, and transparent and opaque thin film measurements.

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Institutional Ownership by Quarter for Rudolph Technologies (NYSE:RTEC)

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