Roper Technologies Inc (ROP) : Seaward Management Limited Partnership scooped up 825 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 21, 2016. The investment management firm now holds a total of 61,124 shares of Roper Technologies Inc which is valued at $10,918,580.Roper Technologies Inc makes up approximately 0.58% of Seaward Management Limited Partnership’s portfolio.
Roper Technologies Inc opened for trading at $176.49 and hit $180.165 on the upside on Wednesday, eventually ending the session at $179.23, with a gain of 0.22% or 0.39 points. The heightened volatility saw the trading volume jump to 4,54,879 shares. Company has a market cap of $18,114 M.
Other Hedge Funds, Including , Legacy Private Trust reduced its stake in ROP by selling 55 shares or 0.86% in the most recent quarter. The Hedge Fund company now holds 6,356 shares of ROP which is valued at $1,135,372. Roper Technologies Inc makes up approx 0.17% of Legacy Private Trust’s portfolio.Winslow Evans Crocker reduced its stake in ROP by selling 851 shares or 23.6% in the most recent quarter. The Hedge Fund company now holds 2,755 shares of ROP which is valued at $492,126. Roper Technologies Inc makes up approx 0.15% of Winslow Evans Crocker’s portfolio.Bristol John W Co Inc Ny reduced its stake in ROP by selling 24,804 shares or 5.69% in the most recent quarter. The Hedge Fund company now holds 411,345 shares of ROP which is valued at $73,478,557. Roper Technologies Inc makes up approx 1.94% of Bristol John W Co Inc Ny’s portfolio.Livforsakringsbolaget Skandia Omsesidigt reduced its stake in ROP by selling 2,200 shares or 22.54% in the most recent quarter. The Hedge Fund company now holds 7,559 shares of ROP which is valued at $1,339,077. Roper Technologies Inc makes up approx 0.06% of Livforsakringsbolaget Skandia Omsesidigt’s portfolio.
On the company’s financial health, Roper Technologies Inc reported $1.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 25, 2016. Analyst had a consensus of $1.46. The company had revenue of $906.00 million for the quarter, compared to analysts expectations of $896.05 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.55 EPS.
Many Wall Street Analysts have commented on Roper Technologies Inc. Shares were Reiterated by RBC Capital Mkts on Apr 26, 2016 to “Outperform” and Lowered the Price Target to $ 200 from a previous price target of $201 .Shares were Reiterated by Stifel on Apr 26, 2016 to “Buy” and Lowered the Price Target to $ 200 from a previous price target of $209 .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 .
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.