Gca Investment Management buys $16.6 Million stake in Roper Technologies Inc (ROP)

Roper Technologies Inc (ROP) : Gca Investment Management scooped up 10,500 additional shares in Roper Technologies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 94,000 shares of Roper Technologies Inc which is valued at $16.6 Million.Roper Technologies Inc makes up approximately 5.61% of Gca Investment Management’s portfolio.

Other Hedge Funds, Including , Chicago Equity Partners sold out all of its stake in ROP during the most recent quarter. The investment firm sold 1,220 shares of ROP which is valued $215,110.United Capital Financial Advisers boosted its stake in ROP in the latest quarter, The investment management firm added 136 additional shares and now holds a total of 2,779 shares of Roper Technologies Inc which is valued at $489,993. Roper Technologies Inc makes up approx 0.01% of United Capital Financial Advisers’s portfolio.Ls Investment Advisors boosted its stake in ROP in the latest quarter, The investment management firm added 1,266 additional shares and now holds a total of 9,396 shares of Roper Technologies Inc which is valued at $1.7 Million. Roper Technologies Inc makes up approx 0.12% of Ls Investment Advisors’s portfolio.State Board Of Administration Of Florida Retirement System boosted its stake in ROP in the latest quarter, The investment management firm added 470 additional shares and now holds a total of 121,260 shares of Roper Technologies Inc which is valued at $21.4 Million. Roper Technologies Inc makes up approx 0.08% of State Board Of Administration Of Florida Retirement System’s portfolio.

Roper Technologies Inc opened for trading at $174.53 and hit $176.15 on the upside on Wednesday, eventually ending the session at $174.08, with a gain of 0.06% or 0.11 points. The heightened volatility saw the trading volume jump to 8,25,844 shares. Company has a market cap of $17,617 M.

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 .

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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