667 Shares in Roper Technologies, Inc. (NYSE:ROP) Bought by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. purchased a new position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 667 shares of the industrial products company's stock, valued at approximately $367,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. CWA Asset Management Group LLC raised its position in shares of Roper Technologies by 8.6% during the first quarter. CWA Asset Management Group LLC now owns 768 shares of the industrial products company's stock worth $453,000 after purchasing an additional 61 shares during the period. Legacy Advisors LLC acquired a new position in Roper Technologies during the first quarter worth $264,000. MBE Wealth Management LLC bought a new position in shares of Roper Technologies in the first quarter valued at $362,000. MassMutual Private Wealth & Trust FSB increased its position in shares of Roper Technologies by 2.7% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 34,833 shares of the industrial products company's stock worth $20,537,000 after acquiring an additional 917 shares in the last quarter. Finally, Raiffeisen Bank International AG acquired a new stake in shares of Roper Technologies in the 4th quarter worth about $761,000. Institutional investors and hedge funds own 93.31% of the company's stock.

Roper Technologies Trading Down 1.2%

Roper Technologies stock traded down $6.63 during mid-day trading on Wednesday, reaching $566.08. 460,629 shares of the company traded hands, compared to its average volume of 549,413. The firm's 50 day moving average price is $567.50 and its 200 day moving average price is $558.89. Roper Technologies, Inc. has a 52-week low of $499.47 and a 52-week high of $595.17. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37. The firm has a market capitalization of $60.86 billion, a price-to-earnings ratio of 39.48, a P/E/G ratio of 2.77 and a beta of 1.03.

Roper Technologies (NYSE:ROP - Get Free Report) last released its earnings results on Monday, April 28th. The industrial products company reported $4.78 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%. The business's revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the company earned $4.41 EPS. On average, analysts anticipate that Roper Technologies, Inc. will post 19.96 earnings per share for the current fiscal year.

Roper Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 22nd. Shareholders of record on Tuesday, July 8th will be paid a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 0.58%. The ex-dividend date is Tuesday, July 8th. Roper Technologies's dividend payout ratio is currently 23.81%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Raymond James Financial reiterated a "strong-buy" rating and set a $655.00 price target on shares of Roper Technologies in a report on Monday, April 28th. Stifel Nicolaus cut their price objective on shares of Roper Technologies from $685.00 to $650.00 and set a "buy" rating for the company in a research report on Tuesday, April 29th. Barclays reaffirmed an "underweight" rating on shares of Roper Technologies in a report on Monday, April 28th. Robert W. Baird increased their target price on Roper Technologies from $660.00 to $668.00 and gave the company an "outperform" rating in a research note on Tuesday, April 29th. Finally, Royal Bank Of Canada upped their price target on shares of Roper Technologies from $694.00 to $695.00 and gave the company an "outperform" rating in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Roper Technologies currently has an average rating of "Moderate Buy" and a consensus target price 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.