Cue Financial Group buys $1,895,151 stake in Roper Technologies Inc (ROP)

Roper Technologies Inc (ROP) : Cue Financial Group scooped up 1,025 additional shares in Roper Technologies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 15, 2016. The investment management firm now holds a total of 10,698 shares of Roper Technologies Inc which is valued at $1,895,151.Roper Technologies Inc makes up approximately 1.63% of Cue Financial Group’s portfolio.

Roper Technologies Inc opened for trading at $178.44 and hit $179.75 on the upside on Wednesday, eventually ending the session at $178.72, with a gain of 0.10% or 0.17 points. The heightened volatility saw the trading volume jump to 3,99,790 shares. Company has a market cap of $18,062 M.

Other Hedge Funds, Including , Mountain Pacific Investment Advisers Incid reduced its stake in ROP by selling 130 shares or 0.1% in the most recent quarter. The Hedge Fund company now holds 132,684 shares of ROP which is valued at $23,504,971. Roper Technologies Inc makes up approx 2.68% of Mountain Pacific Investment Advisers Incid’s portfolio.Capital City Trust Cofl reduced its stake in ROP by selling 455 shares or 2.26% in the most recent quarter. The Hedge Fund company now holds 19,661 shares of ROP which is valued at $3,482,946. Roper Technologies Inc makes up approx 1.41% of Capital City Trust Cofl’s portfolio.British Columbia Investment Management Corp boosted its stake in ROP in the latest quarter, The investment management firm added 4,671 additional shares and now holds a total of 76,458 shares of Roper Technologies Inc which is valued at $13,508,599. Roper Technologies Inc makes up approx 0.13% of British Columbia Investment Management Corp’s portfolio.Chevy Chase Trust Holdings boosted its stake in ROP in the latest quarter, The investment management firm added 4,939 additional shares and now holds a total of 255,010 shares of Roper Technologies Inc which is valued at $45,055,167. Roper Technologies Inc makes up approx 0.26% of Chevy Chase Trust Holdings’s portfolio.Capital Investment Services Of America reduced its stake in ROP by selling 207 shares or 0.34% in the most recent quarter. The Hedge Fund company now holds 60,073 shares of ROP which is valued at $10,613,698. Roper Technologies Inc makes up approx 2.04% of Capital Investment Services Of America’s portfolio.

On the company’s financial health, Roper Technologies Inc reported $1.82 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Feb 1, 2016. Analyst had a consensus of $1.87. The company had revenue of $947.60 million for the quarter, compared to analysts expectations of $963.63 million. During the same quarter in the previous year, the company posted $1.85 EPS.

Many Wall Street Analysts have commented on Roper Technologies Inc. Shares were Reiterated by RBC Capital Mkts on Feb 2, 2016 to “Outperform” and Lowered the Price Target to $ 201 from a previous price target of $214 .Shares were Reiterated by Stifel on Feb 2, 2016 to “Buy” and Lowered the Price Target to $ 186 from a previous price target of $190 .

Roper Technologies Inc. (Roper) formerly Roper Industries Inc. is a diversified technology company. The Company operates in four segments including Medical and Scientific Imaging segment which offers products and software in medical applications and digital imaging products; RF Technology segment which provides radio frequency identification (RFID) communication technology and software solutions; Industrial Technology segment which produces fluid handling pumps materials analysis equipment and consumables leak testing equipment flow measurement and metering equipment and water meter and automatic meter reading products and systems and Energy Systems and Controls segment which produces control systems fluid properties testing equipment industrial valves and controls vibration sensors and controls and non-destructive inspection and measurement products and solutions.

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