Teachers Retirement System of The State of Kentucky Maintains Position in Rudolph Technologies, Inc. (NYSE:RTEC)

Teachers Retirement System of The State of Kentucky maintained its stake in Rudolph Technologies, Inc. (NYSE:RTEC) during the first quarter, Holdings Channel reports. The firm owned 12,200 shares of the scientific and technical instruments company’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Rudolph Technologies were worth $273,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in RTEC. Legato Capital Management LLC raised its stake in Rudolph Technologies by 2,140.0% in the first quarter. Legato Capital Management LLC now owns 34,742 shares of the scientific and technical instruments company’s stock valued at $1,551,000 after buying an additional 33,191 shares in the last quarter. Swiss National Bank raised its stake in Rudolph Technologies by 6.4% in the first quarter. Swiss National Bank now owns 48,300 shares of the scientific and technical instruments company’s stock valued at $1,082,000 after buying an additional 2,900 shares in the last quarter. Prudential Financial Inc. raised its stake in Rudolph Technologies by 0.9% in the first quarter. Prudential Financial Inc. now owns 52,650 shares of the scientific and technical instruments company’s stock valued at $1,179,000 after buying an additional 480 shares in the last quarter. Nationwide Fund Advisors raised its stake in Rudolph Technologies by 18.5% in the first quarter. Nationwide Fund Advisors now owns 155,078 shares of the scientific and technical instruments company’s stock valued at $3,474,000 after buying an additional 24,252 shares in the last quarter. Finally, Bogle Investment Management L P DE raised its stake in Rudolph Technologies by 11.6% in the first quarter. Bogle Investment Management L P DE now owns 148,606 shares of the scientific and technical instruments company’s stock valued at $3,328,000 after buying an additional 15,451 shares in the last quarter. 91.89% of the stock is owned by institutional investors and hedge funds.

Rudolph Technologies, Inc. (NYSE:RTEC) traded down 2.03% during midday trading on Thursday, hitting $21.75. 107,380 shares of the stock were exchanged. The company has a 50 day moving average price of $24.01 and a 200 day moving average price of $23.28. Rudolph Technologies, Inc. has a one year low of $16.80 and a one year high of $27.30. The firm has a market capitalization of $686.00 million, a price-to-earnings ratio of 21.95 and a beta of 1.08.

Rudolph Technologies (NYSE:RTEC) last posted its quarterly earnings data on Wednesday, August 2nd. The scientific and technical instruments company reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.02. Rudolph Technologies had a net margin of 13.02% and a return on equity of 10.36%. The company had revenue of $67.40 million for the quarter, compared to the consensus estimate of $65.60 million. During the same period last year, the company earned $0.31 earnings per share. The firm’s revenue was up 7.5% compared to the same quarter last year. Equities analysts anticipate that Rudolph Technologies, Inc. will post $1.17 EPS for the current year.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.tickerreport.com/banking-finance/2800430/teachers-retirement-system-of-the-state-of-kentucky-maintains-position-in-rudolph-technologies-inc-nysertec.html.

Several analysts recently commented on RTEC shares. BidaskClub lowered shares of Rudolph Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. Dougherty & Co raised shares of Rudolph Technologies from a “neutral” rating to a “buy” rating and set a $27.00 target price for the company in a research note on Wednesday, April 19th. Credit Suisse Group lowered shares of Rudolph Technologies from a “neutral” rating to an “underperform” rating and set a $23.00 target price for the company. in a research note on Tuesday, May 2nd. Stifel Nicolaus increased their target price on shares of Rudolph Technologies from $19.00 to $24.00 and gave the company a “hold” rating in a research note on Tuesday, May 2nd. Finally, Zacks Investment Research lowered shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $27.20.

In other news, Director John R. Whitten sold 10,000 shares of Rudolph Technologies stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $24.33, for a total value of $243,300.00. Following the sale, the director now directly owns 43,300 shares in the company, valued at $1,053,489. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Silveira Elvino M. Da sold 3,439 shares of Rudolph Technologies stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $24.71, for a total transaction of $84,977.69. Following the completion of the sale, the vice president now owns 43,065 shares in the company, valued at $1,064,136.15. The disclosure for this sale can be found here. Insiders sold 17,439 shares of company stock worth $426,478 over the last quarter. 2.00% of the stock is owned by corporate insiders.

About Rudolph Technologies

Rudolph Technologies, Inc (Rudolph) is engaged in the design, development, manufacture and support of process control defect inspection and metrology, advanced packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. The Company provides process and yield management solutions used in both wafer processing and final manufacturing through a family of standalone systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements.

Want to see what other hedge funds are holding RTEC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rudolph Technologies, Inc. (NYSE:RTEC).

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

Receive News & Ratings for Rudolph Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rudolph Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.