KCG Holdings Inc. lowered its stake in shares of Rudolph Technologies, Inc. (NYSE:RTEC) by 20.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,704 shares of the scientific and technical instruments company’s stock after selling 3,523 shares during the period. KCG Holdings Inc.’s holdings in Rudolph Technologies were worth $307,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in RTEC. Dimensional Fund Advisors LP raised its stake in shares of Rudolph Technologies by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,630,319 shares of the scientific and technical instruments company’s stock valued at $58,919,000 after buying an additional 18,900 shares during the period. Vanguard Group Inc. increased its position in Rudolph Technologies by 8.1% in the first quarter. Vanguard Group Inc. now owns 1,582,835 shares of the scientific and technical instruments company’s stock valued at $35,456,000 after buying an additional 118,574 shares in the last quarter. State Street Corp increased its position in Rudolph Technologies by 6.8% in the fourth quarter. State Street Corp now owns 737,011 shares of the scientific and technical instruments company’s stock valued at $17,206,000 after buying an additional 46,748 shares in the last quarter. Renaissance Technologies LLC increased its position in Rudolph Technologies by 109.1% in the first quarter. Renaissance Technologies LLC now owns 611,736 shares of the scientific and technical instruments company’s stock valued at $13,703,000 after buying an additional 319,136 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Rudolph Technologies by 21.1% in the first quarter. Geode Capital Management LLC now owns 528,139 shares of the scientific and technical instruments company’s stock valued at $11,830,000 after buying an additional 92,159 shares in the last quarter. Institutional investors own 91.96% of the company’s stock.

Shares of Rudolph Technologies, Inc. (NYSE RTEC) traded up 0.70% on Friday, hitting $21.50. 981,750 shares of the company were exchanged. Rudolph Technologies, Inc. has a 52-week low of $16.80 and a 52-week high of $27.30. The company has a 50-day moving average price of $23.58 and a 200 day moving average price of $23.21. The firm has a market cap of $678.11 million, a P/E ratio of 21.70 and a beta of 1.08.

Rudolph Technologies (NYSE:RTEC) last announced its quarterly earnings results on Wednesday, August 2nd. The scientific and technical instruments company reported $0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.02. The business had revenue of $67.40 million during the quarter, compared to analyst estimates of $65.60 million. Rudolph Technologies had a return on equity of 10.36% and a net margin of 13.02%. The firm’s revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.31 EPS. Analysts predict that Rudolph Technologies, Inc. will post $1.17 EPS for the current fiscal year.

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RTEC has been the topic of several research reports. BidaskClub downgraded shares of Rudolph Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. Credit Suisse Group downgraded shares of Rudolph Technologies from a “neutral” rating to an “underperform” rating and set a $23.00 target price on the stock. in a research note on Tuesday, May 2nd. Stifel Nicolaus lifted their target price on shares of Rudolph Technologies from $19.00 to $24.00 and gave the stock a “hold” rating in a research note on Tuesday, May 2nd. Zacks Investment Research downgraded shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Finally, B. Riley reaffirmed a “buy” rating and set a $30.00 target price on shares of Rudolph Technologies in a research note on Tuesday, August 8th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. Rudolph Technologies presently has an average rating of “Hold” and an average price target of $27.20.

Rudolph Technologies Company Profile

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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