Roper Technologies, Inc. (NYSE:ROP).
Swedbank says it lowered its stake in Roper Technologies, Inc. by 84,205 shares in a 13F filing with the SEC. Its investment stood at $267,511,000 an increase of 4.5% as of quarter end.
The following firms have also recently changed their position in ROP. Gateway Investment Advisers LLC downsized its holdings by shedding 78 shares a decrease of 0.4%. Gateway Investment Advisers LLC currently owns 18,901 shares valued at $4,376,000. The value of the position overall is up by 11.7%. Clinton Group Inc cut its investment by selling 7,070 shares a decrease of 80.5% as of 03/31/2017. Clinton Group Inc controls 1,709 shares worth $352,000. The total value of its holdings decreased 78.1%.
As of quarter end Appleton Partners Inc/ma had sold a total of 470 shares trimming its position 2.1%. The value of the investment in (ROP) increased from $4,581,000 to $5,028,000 a change of 9.8% quarter to quarter.
Equity analyst Argus Research released its first research report on the stock by announcing an initial rating of “Hold”. On August 1 the stock rating was upgraded to “Neutral” from “Underweight” in an announcement from JP Morgan.
July 27 investment analysts at JP Morgan held the stock rating at “Underweight” but lowered the price target to $157.00 from $158.00. On July 20 analysts at Raymond James started coverage giving it an initial rating of “Strong Buy”.
On February 2 Stifel Nicolaus kept the company rating at “Buy” and lowered the price target from $190.00 to $186.00. February 2 investment analysts at Barclays maintained a stock rating of “Overweight” but moved down the price target to $182.00 from $192.00.
The company is so far trading up from yesterday’s close of $235.27. Roper Technologies, Inc. announced a dividend to be paid on Friday the 21st of July 2017. The dividend will be $0.350 per share for the quarter or $1.40 annualized. This dividend amount will represent a yeild of $0.60. The ex-dividend date will be on Wednesday April 5th, 2017.
Shares are trading at $237.46 a bit higher than the 50 day moving average of $227.90 and marginally over the 200 day moving average of $208.27. The 50 day moving average went up $9.60 or +4.21% and the 200 day average went up $29.23 or +14.03%.
The P/E ratio is currently 36.66 and market capitalization is 24.23B. In the latest earnings report the EPS was $6.48 and is estimated to be $9.21 for the current year with 102,031,000 shares outstanding. Next quarter’s EPS is forecasted at $2.33 with next year’s EPS anticipated to be $10.02.