Dynamic Technology Lab Private Ltd bought a new stake in Roper Technologies, Inc. (NYSE:ROP) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,960 shares of the industrial products company’s stock, valued at approximately $1,207,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Parallel Advisors LLC boosted its position in shares of Roper Technologies by 26.8% in the 2nd quarter. Parallel Advisors LLC now owns 502 shares of the industrial products company’s stock valued at $117,000 after purchasing an additional 106 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Roper Technologies by 34.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 589 shares of the industrial products company’s stock valued at $136,000 after purchasing an additional 152 shares during the period. Sun Life Financial INC boosted its position in shares of Roper Technologies by 6,690.9% in the 2nd quarter. Sun Life Financial INC now owns 747 shares of the industrial products company’s stock valued at $173,000 after purchasing an additional 736 shares during the period. Creative Planning boosted its position in shares of Roper Technologies by 12.7% in the 2nd quarter. Creative Planning now owns 807 shares of the industrial products company’s stock valued at $187,000 after purchasing an additional 91 shares during the period. Finally, Westwood Holdings Group Inc. acquired a new stake in shares of Roper Technologies in the 2nd quarter valued at about $190,000. 94.42% of the stock is owned by hedge funds and other institutional investors.

In related news, VP Jason Conley sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $245.00, for a total value of $1,225,000.00. Following the completion of the transaction, the vice president now directly owns 14,571 shares of the company’s stock, valued at approximately $3,569,895. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laura G. Thatcher sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $235.47, for a total value of $235,470.00. Following the completion of the transaction, the director now directly owns 11,000 shares of the company’s stock, valued at $2,590,170. The disclosure for this sale can be found here. Insiders sold a total of 10,750 shares of company stock valued at $2,681,690 over the last ninety days. 2.50% of the stock is currently owned by company insiders.

Roper Technologies, Inc. (NYSE ROP) traded down $0.16 during midday trading on Monday, reaching $256.34. The company had a trading volume of 345,200 shares, compared to its average volume of 430,367. Roper Technologies, Inc. has a 12-month low of $179.96 and a 12-month high of $261.37. The stock has a market cap of $26,239.53, a P/E ratio of 29.91, a P/E/G ratio of 2.23 and a beta of 1.06. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 0.76.

Roper Technologies (NYSE:ROP) last released its quarterly earnings data on Monday, October 30th. The industrial products company reported $2.36 earnings per share for the quarter, beating the consensus estimate of $2.30 by $0.06. Roper Technologies had a return on equity of 14.47% and a net margin of 16.17%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period last year, the business posted $1.65 EPS. Roper Technologies’s quarterly revenue was up 23.7% on a year-over-year basis. equities research analysts anticipate that Roper Technologies, Inc. will post 9.31 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: “Dynamic Technology Lab Private Ltd Buys Shares of 4,960 Roper Technologies, Inc. (ROP)” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/11/20/dynamic-technology-lab-private-ltd-buys-shares-of-4960-roper-technologies-inc-rop.html.

A number of brokerages recently issued reports on ROP. Oppenheimer Holdings, Inc. upped their target price on Roper Technologies from $250.00 to $257.00 and gave the company an “outperform” rating in a research report on Tuesday, August 1st. Robert W. Baird increased their price objective on Roper Technologies from $238.00 to $257.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 31st. Zacks Investment Research raised Roper Technologies from a “hold” rating to a “buy” rating and set a $260.00 price objective for the company in a research report on Tuesday, August 1st. Canaccord Genuity reaffirmed a “hold” rating and set a $225.00 price objective on shares of Roper Technologies in a research report on Tuesday, August 1st. Finally, BidaskClub cut Roper Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $253.67.

Roper Technologies Profile

Want to see what other hedge funds are holding ROP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roper Technologies, Inc. (NYSE:ROP).

Institutional Ownership by Quarter for Roper Technologies (NYSE:ROP)

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