NorthCoast Asset Management LLC held its stake in Rudolph Technologies, Inc. (NYSE:RTEC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,378 shares of the scientific and technical instruments company’s stock at the end of the second quarter. NorthCoast Asset Management LLC owned approximately 0.10% of Rudolph Technologies worth $740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Alps Advisors Inc. grew its stake in shares of Rudolph Technologies by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 22,118 shares of the scientific and technical instruments company’s stock worth $505,000 after buying an additional 57 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in shares of Rudolph Technologies by 0.8% in the 2nd quarter. Louisiana State Employees Retirement System now owns 12,800 shares of the scientific and technical instruments company’s stock worth $292,000 after buying an additional 100 shares in the last quarter. Arizona State Retirement System grew its stake in shares of Rudolph Technologies by 0.6% in the 2nd quarter. Arizona State Retirement System now owns 16,424 shares of the scientific and technical instruments company’s stock worth $375,000 after buying an additional 100 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Rudolph Technologies by 0.5% in the 1st quarter. Wellington Management Group LLP now owns 27,097 shares of the scientific and technical instruments company’s stock worth $607,000 after buying an additional 148 shares in the last quarter. Finally, Texas Permanent School Fund grew its stake in shares of Rudolph Technologies by 1.5% in the 2nd quarter. Texas Permanent School Fund now owns 22,955 shares of the scientific and technical instruments company’s stock worth $525,000 after buying an additional 338 shares in the last quarter. 91.89% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: “NorthCoast Asset Management LLC Has $740,000 Holdings in Rudolph Technologies, Inc. (RTEC)” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another site, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/09/11/northcoast-asset-management-llc-has-740000-holdings-in-rudolph-technologies-inc-rtec.html.

Rudolph Technologies, Inc. (NYSE RTEC) traded up 2.26% during trading on Monday, hitting $22.60. 24,840 shares of the company were exchanged. The stock’s 50-day moving average is $22.69 and its 200-day moving average is $23.18. The company has a market capitalization of $712.80 million, a price-to-earnings ratio of 22.81 and a beta of 1.12. Rudolph Technologies, Inc. has a 12 month low of $16.80 and a 12 month high of $27.30.

Rudolph Technologies (NYSE:RTEC) last announced its earnings results on Wednesday, August 2nd. The scientific and technical instruments company reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.02. The company had revenue of $67.40 million during the quarter, compared to analyst estimates of $65.60 million. Rudolph Technologies had a net margin of 13.02% and a return on equity of 10.36%. Rudolph Technologies’s revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.31 earnings per share. Equities research analysts anticipate that Rudolph Technologies, Inc. will post $1.17 earnings per share for the current year.

A number of brokerages have commented on RTEC. B. Riley reissued 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 raised shares of Rudolph Technologies from a “hold” rating to a “buy” rating and set a $29.00 price target for the company in a research note on Friday, June 16th. They noted that the move was a valuation call. Zacks Investment Research cut shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Finally, BidaskClub raised shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target 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.

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

Receive News & Stock Ratings for Rudolph Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rudolph Technologies Inc. and related stocks with our FREE daily email newsletter.