4,409 Shares in Roper Technologies, Inc. (NYSE:ROP) Acquired by 111 Capital

111 Capital bought a new position in Roper Technologies, Inc. (NYSE:ROP - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,409 shares of the industrial products company's stock, valued at approximately $2,292,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Castle Rock Wealth Management LLC lifted its holdings in Roper Technologies by 13.3% during the fourth quarter. Castle Rock Wealth Management LLC now owns 700 shares of the industrial products company's stock worth $402,000 after acquiring an additional 82 shares in the last quarter. Dogwood Wealth Management LLC raised its position in shares of Roper Technologies by 7.7% during the fourth quarter. Dogwood Wealth Management LLC now owns 1,243 shares of the industrial products company's stock worth $646,000 after purchasing an additional 89 shares during the period. Smith Shellnut Wilson LLC ADV lifted its holdings in shares of Roper Technologies by 2.7% during the 4th quarter. Smith Shellnut Wilson LLC ADV now owns 767 shares of the industrial products company's stock valued at $399,000 after purchasing an additional 20 shares in the last quarter. Menard Financial Group LLC acquired a new position in shares of Roper Technologies in the 4th quarter valued at approximately $87,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Roper Technologies during the 4th quarter worth approximately $61,988,000. 93.31% of the stock is owned by institutional investors.

Roper Technologies Stock Up 0.9%

NYSE ROP traded up $5.02 during trading hours on Friday, hitting $569.29. 808,786 shares of the company traded hands, compared to its average volume of 548,730. 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 business's 50-day moving average is $564.81 and its 200-day moving average is $557.33. The stock has a market capitalization of $61.21 billion, a price-to-earnings ratio of 39.70, a P/E/G ratio of 2.77 and a beta of 1.08. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $595.17.

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

Roper Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Friday, April 4th were given 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 of this dividend was Friday, April 4th. Roper Technologies's dividend payout ratio (DPR) is presently 23.81%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Robert W. Baird lifted their price target on shares of Roper Technologies from $660.00 to $668.00 and gave the company an "outperform" rating in a research note on Tuesday, April 29th. Stifel Nicolaus cut their price objective on shares of Roper Technologies from $685.00 to $650.00 and set a "buy" rating on the stock in a research report on Tuesday, April 29th. Raymond James reiterated a "strong-buy" rating and set a $655.00 target price on shares of Roper Technologies in a report on Monday, April 28th. William Blair assumed coverage on Roper Technologies in a report on Monday, May 5th. They issued an "outperform" rating on the stock. Finally, Barclays reaffirmed an "underweight" rating on shares of Roper Technologies in a research report on Monday, April 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $632.36.

Roper Technologies Profile

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.