Roper Technologies, Inc. (NYSE:ROP) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 1.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,800 shares of the industrial products company's stock after selling 547 shares during the period. Yousif Capital Management LLC's holdings in Roper Technologies were worth $16,391,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. VSM Wealth Advisory LLC bought a new stake in shares of Roper Technologies in the fourth quarter worth $26,000. Putney Financial Group LLC bought a new stake in shares of Roper Technologies in the 4th quarter worth about $31,000. CoreFirst Bank & Trust bought a new position in shares of Roper Technologies during the fourth quarter worth about $36,000. OFI Invest Asset Management acquired a new position in Roper Technologies in the fourth quarter worth about $38,000. Finally, Parvin Asset Management LLC acquired a new stake in Roper Technologies during the fourth quarter valued at approximately $39,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Stifel Nicolaus lowered their target price on shares of Roper Technologies from $685.00 to $650.00 and set a "buy" rating for the company in a research note on Tuesday, April 29th. Raymond James reaffirmed a "strong-buy" rating and set a $655.00 price objective on shares of Roper Technologies in a research report on Monday, April 28th. Mizuho set a $600.00 target price on Roper Technologies in a research note on Friday, May 16th. JPMorgan Chase & Co. upped their target price on Roper Technologies from $470.00 to $561.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Finally, Royal Bank of Canada raised their price target on Roper Technologies from $694.00 to $695.00 and gave the stock an "outperform" rating in a report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $632.36.

Roper Technologies Stock Performance

Shares of NYSE:ROP traded down $0.90 on Tuesday, hitting $572.18. The company's stock had a trading volume of 352,937 shares, compared to its average volume of 548,347. The company has a market capitalization of $61.52 billion, a price-to-earnings ratio of 39.90, a price-to-earnings-growth ratio of 2.77 and a beta of 1.03. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.37 and a current ratio of 0.40. Roper Technologies, Inc. has a 12 month low of $499.47 and a 12 month high of $595.17. The stock's 50-day moving average is $562.60 and its two-hundred day moving average is $558.09.

Roper Technologies (NYSE:ROP - Get Free Report) last announced its earnings results on Monday, April 28th. The industrial products company reported $4.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 period last year, the firm posted $4.41 earnings per share. The firm's revenue was up 12.0% on a year-over-year basis. On average, equities research analysts forecast that Roper Technologies, Inc. will post 19.96 EPS for the current year.

Roper Technologies Company 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.