18,788 Shares in Roper Technologies, Inc. (NYSE:ROP) Purchased by Camrose Capital Investment Partners LLP

Camrose Capital Investment Partners LLP bought a new position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,788 shares of the industrial products company's stock, valued at approximately $9,767,000. Roper Technologies makes up approximately 10.7% of Camrose Capital Investment Partners LLP's investment portfolio, making the stock its 6th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC acquired a new stake in shares of Roper Technologies in the 4th quarter valued at about $26,000. CoreFirst Bank & Trust bought a new position in Roper Technologies in the 4th quarter worth approximately $36,000. OFI Invest Asset Management acquired a new position in shares of Roper Technologies during the fourth quarter valued at $38,000. Parvin Asset Management LLC bought a new position in shares of Roper Technologies in the fourth quarter valued at approximately $39,000. Finally, E Fund Management Hong Kong Co. Ltd. increased its position in shares of Roper Technologies by 7,500.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 76 shares of the industrial products company's stock valued at $40,000 after purchasing an additional 75 shares during the period. 93.31% of the stock is owned by hedge funds and other institutional investors.

Roper Technologies Price Performance

Shares of ROP stock traded down $4.50 during trading hours on Friday, hitting $570.48. The company had a trading volume of 333,225 shares, compared to its average volume of 549,790. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. The firm has a market capitalization of $61.34 billion, a price-to-earnings ratio of 39.78, a PEG ratio of 2.77 and a beta of 1.08. Roper Technologies, Inc. has a 12 month low of $499.47 and a 12 month high of $595.17. The firm's fifty day moving average is $565.97 and its 200 day moving average is $555.35.

Roper Technologies (NYSE:ROP - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The industrial products company reported $4.78 earnings per share for the quarter, topping the consensus estimate of $4.74 by $0.04. Roper Technologies had a net margin of 22.01% and a return on equity of 10.79%. During the same quarter last year, the business earned $4.41 earnings per share. The company's revenue for the quarter was up 12.0% on a year-over-year basis. On average, sell-side analysts predict that Roper Technologies, Inc. will post 19.96 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Friday, April 4th were paid a $0.825 dividend. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date was Friday, April 4th. Roper Technologies's dividend payout ratio is presently 23.81%.

Insider Activity

In related news, CFO Jason Conley sold 3,000 shares of the company's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $588.19, for a total value of $1,764,570.00. Following the completion of the sale, the chief financial officer now owns 31,522 shares in the company, valued at approximately $18,540,925.18. This represents a 8.69 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.78% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ROP shares. Oppenheimer reissued an "outperform" rating and set a $640.00 price objective on shares of Roper Technologies in a research note on Monday, April 28th. Raymond James reissued a "strong-buy" rating and set a $655.00 price objective on shares of Roper Technologies in a research report on Monday, April 28th. Robert W. Baird increased their price target on shares of Roper Technologies from $660.00 to $668.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 29th. TD Cowen raised Roper Technologies from a "hold" rating to a "buy" rating and increased their price objective for the company from $535.00 to $615.00 in a report on Tuesday, January 28th. Finally, William Blair initiated coverage on shares of Roper Technologies in a research report on Monday, May 5th. They set an "outperform" rating for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Roper Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $620.91.

About Roper Technologies

Roper Technologies, Inc designs and develops software, and technology enabled products and solutions. It operates through three segments: Application Software, Network Software, and Technology Enabled Products. The Application Software segment offers management, campus solutions, diagnostic and laboratory information management, enterprise software and information solutions, transportation management, financial and compliance management, and cloud-based financial analytics and performance management software; cloud-based software to the property and casualty insurance industry; and software, services, and technologies for foodservice operations.