Roper Industries (NYSE:ROP).
Raymond James & Associates reports that it increased its investment in Roper Industries by 1.6% in its quarterly SEC filing. Its position stood at $54,254,000 an increase of $3,436,000 according to the filing.
Several firms have updated their holdings. As of the end of the quarter Baird Financial Group, Inc. had bought 820 shares growing its position 2.7%. The value of the company’s investment in Roper Industries increased from $7,034,000 to $7,594,000 a change of $560,000 since the last quarter. Greenleaf Trust expanded its position by buying 2,859 shares an increase of 7.6% as of 09/30/2017. Greenleaf Trust now holds 40,245 shares valued at $9,796,000. The total value of its holdings increased 13.2%.
Provident Investment Management, Inc. cut its investment by shedding 4,022 shares a decrease of 3.1%. Provident Investment Management, Inc. controls 126,692 shares worth $30,837,000. The value of the position overall is up by 1.9%.
On October 12 Cowen and Company made no change to the company rating of “Buy” targeting a price of $250.00.
On October 30, 2017 Oppenheimer Holdings maintained a “Buy” rating on the company. Royal Bank Of Canada raised the price target on October 31 changing the forecast from $259.00 to $282.00 with a “Outperform” recommendation.
Equity analyst Oppenheimer Holdings raised the price target of the stock on October 31 boosting the projection from $257.00 to $275.00 with a rating of “Outperform”. Robert W. Baird raised the price target on October 31 changing the price objective from $238.00 to $257.00 and stated a “Neutral” rating.
The company is trading down from yesterday’s close of 256.6. The company currently has a P/E ratio of 37.22 and the market cap is 26.21B. As of the latest earnings report the EPS was $6.88 with 102.36M shares currently outstanding.
Short traders are feeling a little more bearish on the company lately as implied by the motion in short interest. The company had a rise in short interest of 1.09% as of the latest report on October 13, 2017. Short shares grew 19,934 over that timeframe. The short-interest ratio increased to 6.0 and the percentage of shorted shares was 0.02% on October 13.