Banco Bilbao Vizcaya Argentaria S.A. Has $2.88 Million Stock Holdings in Roper Technologies, Inc. (NYSE:ROP)

Banco Bilbao Vizcaya Argentaria S.A. cut its holdings in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 26.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,520 shares of the industrial products company's stock after selling 1,999 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Roper Technologies were worth $2,881,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Douglas Lane & Associates LLC lifted its stake in Roper Technologies by 18.9% during the fourth quarter. Douglas Lane & Associates LLC now owns 109,656 shares of the industrial products company's stock worth $57,005,000 after purchasing an additional 17,466 shares during the period. Synovus Financial Corp raised its stake in Roper Technologies by 19.6% during the third quarter. Synovus Financial Corp now owns 5,867 shares of the industrial products company's stock worth $3,265,000 after acquiring an additional 961 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of Roper Technologies by 8.5% during the fourth quarter. Nordea Investment Management AB now owns 538,678 shares of the industrial products company's stock valued at $280,113,000 after acquiring an additional 42,016 shares during the period. First Financial Bank Trust Division boosted its stake in shares of Roper Technologies by 28.0% in the 4th quarter. First Financial Bank Trust Division now owns 10,722 shares of the industrial products company's stock valued at $5,574,000 after purchasing an additional 2,343 shares in the last quarter. Finally, Signal Advisors Wealth LLC increased its position in shares of Roper Technologies by 42.0% during the 4th quarter. Signal Advisors Wealth LLC now owns 5,816 shares of the industrial products company's stock worth $3,023,000 after purchasing an additional 1,719 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Stock Up 1.9 %

Shares of Roper Technologies stock traded up $10.53 on Friday, reaching $568.12. 209,038 shares of the company were exchanged, compared to its average volume of 549,640. The company has a market capitalization of $61.08 billion, a price-to-earnings ratio of 39.64, a PEG ratio of 2.77 and a beta of 1.04. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. Roper Technologies, Inc. has a one year low of $499.47 and a one year high of $595.17. The company has a 50-day moving average of $567.24 and a 200 day moving average of $554.72.

Roper Technologies (NYSE:ROP - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The industrial products company reported $4.78 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 in the prior year, the firm posted $4.41 earnings per share. The company'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 earnings per share for the current year.

Roper Technologies Announces Dividend

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

Analyst Upgrades and Downgrades

ROP has been the subject of a number of research analyst reports. Robert W. Baird lifted their target price on shares of Roper Technologies from $660.00 to $668.00 and gave the company an "outperform" rating in a research note on Tuesday. Raymond James reiterated a "strong-buy" rating and issued a $655.00 price objective on shares of Roper Technologies in a research report on Monday. Oppenheimer reaffirmed an "outperform" rating and issued a $640.00 price target on shares of Roper Technologies in a report on Monday. Stifel Nicolaus decreased their price objective on shares of Roper Technologies from $685.00 to $650.00 and set a "buy" rating on the stock in a report on Tuesday. Finally, JPMorgan Chase & Co. increased their price target on shares of Roper Technologies from $465.00 to $470.00 and gave the company a "neutral" rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $620.91.

Insider Buying and Selling at Roper Technologies

In related news, CFO Jason Conley sold 3,000 shares of the company's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $588.19, for a total value of $1,764,570.00. Following the transaction, the chief financial officer now directly 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 legal filing with the SEC, which is accessible through this link. Also, VP Brandon L. Cross sold 750 shares of Roper Technologies stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $577.83, for a total transaction of $433,372.50. Following the completion of the sale, the vice president now owns 1,329 shares of the company's stock, valued at $767,936.07. This trade represents a 36.08 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.87% of the company's stock.

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.