Marshall Wace North America L.P. boosted its stake in shares of Rudolph Technologies, Inc. (NYSE:RTEC) by 405.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 376,190 shares of the scientific and technical instruments company’s stock after buying an additional 301,807 shares during the period. Marshall Wace North America L.P. owned about 1.20% of Rudolph Technologies worth $8,652,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position 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 last quarter. Vanguard Group Inc. boosted its position in shares of 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 during the last quarter. State Street Corp boosted its position in shares of Rudolph Technologies by 19.9% in the first quarter. State Street Corp now owns 883,658 shares of the scientific and technical instruments company’s stock valued at $19,793,000 after buying an additional 146,647 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of 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 during the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Rudolph Technologies by 112.5% in the first quarter. AQR Capital Management LLC now owns 567,047 shares of the scientific and technical instruments company’s stock valued at $12,702,000 after buying an additional 300,169 shares during the last quarter. 91.96% of the stock is owned by institutional investors.

Shares of Rudolph Technologies, Inc. (RTEC) opened at 21.55 on Friday. The company’s 50-day moving average price is $23.37 and its 200 day moving average price is $23.16. The stock has a market cap of $679.69 million, a PE ratio of 21.75 and a beta of 1.08. Rudolph Technologies, Inc. has a 1-year low of $16.80 and a 1-year high of $27.30.

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

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Several brokerages have recently issued reports on RTEC. B. Riley reiterated a “buy” rating and issued a $30.00 price objective on shares of Rudolph Technologies in a research note on Tuesday, August 8th. Stifel Nicolaus upgraded Rudolph Technologies from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research note on Friday, June 16th. They noted that the move was a valuation call. Zacks Investment Research upgraded Rudolph Technologies from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research note on Saturday, May 6th. BidaskClub upgraded Rudolph Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Credit Suisse Group cut Rudolph Technologies from a “neutral” rating to an “underperform” rating and set a $23.00 price objective for the company. in a research note on Tuesday, May 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. Rudolph Technologies has an average rating of “Hold” and a consensus target price of $27.20.

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.

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

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