Roper Technologies Inc (ROP) Position Trimmed by Brinker Capital Inc.
Brinker Capital Inc. trimmed its holdings in shares of Roper Technologies Inc (NYSE:ROP) by 1.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,955 shares of the industrial products company’s stock after selling 40 shares during the period. Brinker Capital Inc.’s holdings in Roper Technologies were worth $788,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also bought and sold shares of the stock. Gardner Lewis Asset Management L P purchased a new position in Roper Technologies in the fourth quarter valued at about $1,946,000. Mackay Shields LLC grew its stake in Roper Technologies by 64.9% in the fourth quarter. Mackay Shields LLC now owns 27,190 shares of the industrial products company’s stock valued at $7,246,000 after purchasing an additional 10,706 shares in the last quarter. Claybrook Capital LLC purchased a new position in Roper Technologies in the fourth quarter valued at about $35,000. Abacus Planning Group Inc. grew its stake in Roper Technologies by 353.4% in the fourth quarter. Abacus Planning Group Inc. now owns 14,313 shares of the industrial products company’s stock valued at $634,000 after purchasing an additional 11,156 shares in the last quarter. Finally, Achmea Investment Management B.V. grew its stake in Roper Technologies by 214.7% in the fourth quarter. Achmea Investment Management B.V. now owns 11,382 shares of the industrial products company’s stock valued at $3,033,000 after purchasing an additional 7,765 shares in the last quarter. 91.51% of the stock is currently owned by hedge funds and other institutional investors.
In other news, Director Wilbur J. Prezzano sold 6,000 shares of the company’s stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $311.61, for a total transaction of $1,869,660.00. Following the completion of the sale, the director now owns 20,206 shares in the company, valued at approximately $6,296,391.66. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Christopher Wright sold 1,750 shares of the stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $328.13, for a total value of $574,227.50. Following the sale, the director now owns 60,163 shares of the company’s stock, valued at approximately $19,741,285.19. The disclosure for this sale can be found here. In the last quarter, insiders have sold 26,500 shares of company stock valued at $8,115,760. 2.30% of the stock is currently owned by corporate insiders.
ROP opened at $329.47 on Friday. The stock has a market cap of $34.61 billion, a PE ratio of 27.90, a P/E/G ratio of 2.22 and a beta of 1.21. Roper Technologies Inc has a 52-week low of $245.59 and a 52-week high of $334.99. The company has a quick ratio of 0.98, a current ratio of 1.11 and a debt-to-equity ratio of 0.64.
Roper Technologies (NYSE:ROP) last released its quarterly earnings results on Friday, February 1st. The industrial products company reported $3.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.13 by $0.09. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion. Roper Technologies had a return on equity of 16.57% and a net margin of 18.19%. The firm’s revenue was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.70 EPS. On average, equities research analysts forecast that Roper Technologies Inc will post 12.21 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 22nd. Stockholders of record on Monday, April 8th will be paid a dividend of $0.4625 per share. The ex-dividend date is Friday, April 5th. This represents a $1.85 annualized dividend and a dividend yield of 0.56%. Roper Technologies’s dividend payout ratio (DPR) is presently 15.66%.
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Roper Technologies Profile
Roper Technologies, Inc designs and develops software, and engineered products and solutions. It operates in four segments: RF Technology; Medical & Scientific Imaging; Industrial Technology; and Energy Systems & Controls. The company offers radio frequency identification (RFID) communication technology and software solutions, including application management software, software-as-a-service applications, card systems/integrated security solutions, toll and traffic systems, RFID card readers, and metering and remote monitoring products.
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