Roper Technologies Inc (ROP) : Capital Investment Services Of America reduced its stake in Roper Technologies Inc by 0.42% during the most recent quarter end. The investment management company now holds a total of 59,938 shares of Roper Technologies Inc which is valued at $10,781,647 after selling 250 shares in Roper Technologies Inc , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Roper Technologies Inc makes up approximately 2.07% of Capital Investment Services Of America’s portfolio.
Other Hedge Funds, Including , Exxonmobil Investment Management Inc Tx reduced its stake in ROP by selling 320 shares or 1.22% in the most recent quarter. The Hedge Fund company now holds 25,876 shares of ROP which is valued at $4,654,575. Roper Technologies Inc makes up approx 0.10% of Exxonmobil Investment Management Inc Tx’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in ROP by selling 8,639 shares or 30.56% in the most recent quarter. The Hedge Fund company now holds 19,626 shares of ROP which is valued at $3,578,016. Roper Technologies Inc makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.Eqis Capital Management reduced its stake in ROP by selling 5 shares or 0.14% in the most recent quarter. The Hedge Fund company now holds 3,603 shares of ROP which is valued at $656,863. Roper Technologies Inc makes up approx 0.04% of Eqis Capital Management’s portfolio. West Oak Capital added ROP to its portfolio by purchasing 25 company shares during the most recent quarter which is valued at $4,558.
Roper Technologies Inc closed down -1.43 points or -0.79% at $179.88 with 4,19,855 shares getting traded on Friday. Post opening the session at $181.19, the shares hit an intraday low of $178.81 and an intraday high of $181.19 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Roper Technologies Inc reported $1.56 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Jul 25, 2016. Analyst had a consensus of $1.61. The company had revenue of $934.00 million for the quarter, compared to analysts expectations of $955.47 million. The company’s revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.70 EPS.
Many Wall Street Analysts have commented on Roper Technologies Inc. Roper Technologies Inc was Upgraded by JP Morgan to ” Neutral” on Aug 1, 2016. Shares were Reiterated by RBC Capital Mkts on Jul 26, 2016 to “Outperform” and Lowered the Price Target to $ 196 from a previous price target of $205 .Raymond James Initiated Roper Technologies Inc on Jul 20, 2016 to “Strong Buy”, Price Target of the shares are set at $206.
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.