Roper Technologies Inc (NYSE:ROP) Shares Sold by Reynders McVeigh Capital Management LLC

Share on StockTwits

Reynders McVeigh Capital Management LLC reduced its position in Roper Technologies Inc (NYSE:ROP) by 3.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 963 shares of the industrial products company’s stock after selling 37 shares during the period. Reynders McVeigh Capital Management LLC’s holdings in Roper Technologies were worth $353,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Westbourne Investment Advisors Inc. lifted its position in Roper Technologies by 3.9% during the 2nd quarter. Westbourne Investment Advisors Inc. now owns 727 shares of the industrial products company’s stock worth $266,000 after acquiring an additional 27 shares in the last quarter. SPC Financial Inc. increased its holdings in Roper Technologies by 0.9% during the 1st quarter. SPC Financial Inc. now owns 3,305 shares of the industrial products company’s stock worth $1,130,000 after purchasing an additional 30 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its holdings in Roper Technologies by 2.1% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 1,440 shares of the industrial products company’s stock worth $527,000 after purchasing an additional 30 shares during the last quarter. Charter Trust Co. increased its holdings in Roper Technologies by 3.9% during the 1st quarter. Charter Trust Co. now owns 910 shares of the industrial products company’s stock worth $311,000 after purchasing an additional 34 shares during the last quarter. Finally, PFG Advisors increased its holdings in Roper Technologies by 0.4% during the 2nd quarter. PFG Advisors now owns 8,872 shares of the industrial products company’s stock worth $3,249,000 after purchasing an additional 35 shares during the last quarter. 93.36% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Robert E. Knowling, Jr. sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $363.44, for a total value of $726,880.00. Following the completion of the sale, the director now directly owns 12,918 shares in the company, valued at approximately $4,694,917.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert D. Johnson sold 750 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $344.76, for a total value of $258,570.00. Following the completion of the sale, the director now owns 7,700 shares of the company’s stock, valued at $2,654,652. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by insiders.

Shares of NYSE ROP traded down $6.51 during trading on Friday, reaching $348.62. The stock had a trading volume of 575,885 shares, compared to its average volume of 433,704. Roper Technologies Inc has a one year low of $245.59 and a one year high of $385.51. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.97 and a current ratio of 1.11. The stock has a market cap of $36.93 billion, a PE ratio of 29.52, a P/E/G ratio of 2.48 and a beta of 1.16. The firm’s 50 day moving average price is $365.56 and its two-hundred day moving average price is $348.20.

Roper Technologies (NYSE:ROP) last issued its quarterly earnings results on Thursday, July 25th. The industrial products company reported $3.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $3.05 by $0.02. Roper Technologies had a return on equity of 16.70% and a net margin of 21.16%. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same period in the previous year, the business earned $2.89 EPS. The business’s quarterly revenue was up 2.8% on a year-over-year basis. On average, research analysts expect that Roper Technologies Inc will post 13 earnings per share for the current year.

Several research firms have issued reports on ROP. Wells Fargo & Co lifted their price objective on Roper Technologies from $400.00 to $450.00 and gave the stock an “outperform” rating in a report on Tuesday, July 23rd. Barclays lifted their price objective on Roper Technologies from $342.00 to $355.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 9th. Royal Bank of Canada set a $393.00 price objective on Roper Technologies and gave the stock a “buy” rating in a report on Friday, July 26th. Raymond James lifted their price objective on Roper Technologies from $370.00 to $394.00 and gave the stock an “outperform” rating in a report on Wednesday, July 3rd. Finally, Stephens lifted their price objective on Roper Technologies from $390.00 to $402.00 and gave the stock an “overweight” rating in a report on Tuesday, April 30th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $374.10.

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.

Featured Story: Different Options Trading Strategies

Institutional Ownership by Quarter for Roper Technologies (NYSE:ROP)

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



Latest News

CSat Investment Advisory L.P. Increases Stake in Humana Inc
CSat Investment Advisory L.P. Increases Stake in Humana Inc
CSat Investment Advisory L.P. Boosts Stake in PepsiCo, Inc.
CSat Investment Advisory L.P. Boosts Stake in PepsiCo, Inc.
CSat Investment Advisory L.P. Boosts Stake in Alibaba Group Holding Ltd
CSat Investment Advisory L.P. Boosts Stake in Alibaba Group Holding Ltd
CSat Investment Advisory L.P. Cuts Position in Nasdaq Inc
CSat Investment Advisory L.P. Cuts Position in Nasdaq Inc
CSat Investment Advisory L.P. Sells 621 Shares of General Mills, Inc.
CSat Investment Advisory L.P. Sells 621 Shares of General Mills, Inc.
Line Corp  Shares Sold by CSat Investment Advisory L.P.
Line Corp Shares Sold by CSat Investment Advisory L.P.


© 2006-2019 Ticker Report