Victory Capital Management Inc. increased its position in shares of Rudolph Technologies, Inc. (NYSE:RTEC) by 459.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,495 shares of the scientific and technical instruments company’s stock after purchasing an additional 43,108 shares during the period. Victory Capital Management Inc. owned 0.17% of Rudolph Technologies worth $1,381,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in RTEC. Marshall Wace North America L.P. increased its position in shares of Rudolph Technologies by 405.7% during the second quarter. Marshall Wace North America L.P. now owns 376,190 shares of the scientific and technical instruments company’s stock valued at $8,652,000 after acquiring an additional 301,807 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Rudolph Technologies by 436.1% during the second quarter. Russell Investments Group Ltd. now owns 333,406 shares of the scientific and technical instruments company’s stock valued at $7,619,000 after acquiring an additional 271,217 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Rudolph Technologies by 79.4% during the second quarter. Ameriprise Financial Inc. now owns 429,172 shares of the scientific and technical instruments company’s stock valued at $9,807,000 after acquiring an additional 189,967 shares during the last quarter. Thomson Horstmann & Bryant Inc. acquired a new stake in shares of Rudolph Technologies during the third quarter valued at about $4,228,000. Finally, State Street Corp increased its position in shares of Rudolph Technologies by 19.9% during 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 acquiring an additional 146,647 shares during the last quarter. Hedge funds and other institutional investors own 94.02% of the company’s stock.

A number of brokerages have weighed in on RTEC. Credit Suisse Group lifted their price target on shares of Rudolph Technologies from $23.00 to $24.00 and gave the company an “underperform” rating in a research report on Tuesday, October 31st. B. Riley reiterated a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a research report on Tuesday, October 31st. Zacks Investment Research cut shares of Rudolph Technologies from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. BidaskClub cut shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, DA Davidson reiterated a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a research report on Monday, September 18th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. Rudolph Technologies has an average rating of “Hold” and an average target price of $28.00.

Rudolph Technologies, Inc. (RTEC) opened at $26.75 on Wednesday. Rudolph Technologies, Inc. has a 12 month low of $18.85 and a 12 month high of $28.10. The company has a market cap of $833.90, a P/E ratio of 26.40, a PEG ratio of 1.87 and a beta of 1.08.

Rudolph Technologies (NYSE:RTEC) last posted its quarterly earnings data on Monday, October 30th. The scientific and technical instruments company reported $0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.02. Rudolph Technologies had a net margin of 15.99% and a return on equity of 10.49%. The business had revenue of $66.90 million during the quarter, compared to analyst estimates of $66.25 million. During the same quarter last year, the firm posted $0.29 earnings per share. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. analysts anticipate that Rudolph Technologies, Inc. will post 1.05 earnings per share for the current fiscal year.

In other news, VP Robert Alan Koch sold 3,500 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $26.31, for a total value of $92,085.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Silveira Elvino M. Da sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $26.29, for a total transaction of $262,900.00. The disclosure for this sale can be found here. Company insiders own 2.00% of the company’s stock.

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Rudolph Technologies 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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