American Century Companies Inc. increased its stake in shares of Rudolph Technologies, Inc. (NYSE:RTEC) by 4.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 223,046 shares of the scientific and technical instruments company’s stock after purchasing an additional 8,936 shares during the period. American Century Companies Inc. owned 0.71% of Rudolph Technologies worth $5,866,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. State of Alaska Department of Revenue lifted its holdings in Rudolph Technologies by 80.0% during the 2nd quarter. State of Alaska Department of Revenue now owns 6,210 shares of the scientific and technical instruments company’s stock worth $141,000 after purchasing an additional 2,760 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Rudolph Technologies by 533.0% during the 2nd quarter. Acadian Asset Management LLC now owns 7,748 shares of the scientific and technical instruments company’s stock worth $177,000 after purchasing an additional 6,524 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Rudolph Technologies by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 9,387 shares of the scientific and technical instruments company’s stock worth $214,000 after purchasing an additional 1,408 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in Rudolph Technologies by 29.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,433 shares of the scientific and technical instruments company’s stock worth $216,000 after purchasing an additional 2,170 shares in the last quarter. Finally, Trexquant Investment LP purchased a new stake in Rudolph Technologies during the 2nd quarter worth about $229,000. 94.02% of the stock is currently owned by institutional investors and hedge funds.

Rudolph Technologies, Inc. (NYSE RTEC) opened at $26.40 on Thursday. The firm has a market capitalization of $844.95, a PE ratio of 26.75, a price-to-earnings-growth ratio of 1.89 and a beta of 1.08. Rudolph Technologies, Inc. has a one year low of $18.85 and a one year high of $28.10.

Rudolph Technologies (NYSE:RTEC) last announced its quarterly earnings data on Monday, October 30th. The scientific and technical instruments company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. The firm had revenue of $66.90 million for the quarter, compared to analyst estimates of $66.25 million. Rudolph Technologies had a return on equity of 10.49% and a net margin of 15.99%. The company’s revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.29 EPS. equities analysts forecast that Rudolph Technologies, Inc. will post 1.05 EPS for the current year.

In other news, VP Robert Alan Koch sold 3,500 shares of the stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $26.31, for a total transaction of $92,085.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Silveira Elvino M. Da sold 10,000 shares of the stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $26.29, for a total value of $262,900.00. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by corporate insiders.

A number of equities analysts have weighed in on RTEC shares. BidaskClub lowered Rudolph Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Credit Suisse Group upped their target price on Rudolph Technologies from $23.00 to $24.00 and gave the stock an “underperform” rating in a research note on Tuesday, October 31st. Zacks Investment Research lowered Rudolph Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. B. Riley restated a “buy” rating and issued a $30.00 target price on shares of Rudolph Technologies in a research note on Tuesday, October 31st. Finally, DA Davidson restated a “buy” rating and issued a $30.00 target price on shares of Rudolph Technologies in a research note on Monday, September 18th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $28.00.

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About Rudolph Technologies

Rudolph Technologies, Inc (Rudolph) is engaged in the design, development, manufacture and support of process control defect inspection and metrology, advanced packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. The Company provides process and yield management solutions used in both wafer processing and final manufacturing through a family of standalone systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements.

Institutional Ownership by Quarter for Rudolph Technologies (NYSE:RTEC)

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