Boothbay Fund Management LLC Has $295,000 Stock Holdings in Roper Technologies, Inc. (NYSE:ROP)

Boothbay Fund Management LLC lowered its position in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 48.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 568 shares of the industrial products company's stock after selling 535 shares during the quarter. Boothbay Fund Management LLC's holdings in Roper Technologies were worth $295,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ROP. VSM Wealth Advisory LLC bought a new stake in shares of Roper Technologies in the 4th quarter valued at $26,000. CoreFirst Bank & Trust acquired a new position in Roper Technologies in the fourth quarter valued at about $36,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Roper Technologies by 7,500.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 76 shares of the industrial products company's stock worth $40,000 after acquiring an additional 75 shares in the last quarter. OFI Invest Asset Management acquired a new stake in shares of Roper Technologies during the fourth quarter worth about $38,000. Finally, Golden State Wealth Management LLC bought a new position in shares of Roper Technologies during the 4th quarter valued at about $45,000. Institutional investors own 93.31% of the company's stock.

Roper Technologies Stock Performance

NYSE:ROP traded down $1.43 during mid-day trading on Tuesday, hitting $569.70. The stock had a trading volume of 584,731 shares, compared to its average volume of 548,870. The company's 50 day simple moving average is $566.73 and its 200 day simple moving average is $554.77. The stock has a market cap of $61.25 billion, a price-to-earnings ratio of 39.73, a PEG ratio of 2.77 and a beta of 1.08. 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 twelve month low of $499.47 and a twelve month high of $595.17.

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

Roper Technologies Dividend Announcement

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

Analyst Ratings Changes

Several analysts have commented on ROP shares. Oppenheimer restated an "outperform" rating and set a $640.00 target price on shares of Roper Technologies in a report on Monday, April 28th. Stifel Nicolaus dropped 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, April 29th. Raymond James reaffirmed a "strong-buy" rating and issued a $655.00 target price on shares of Roper Technologies in a research note on Monday, April 28th. Royal Bank of Canada lifted their price target on Roper Technologies from $694.00 to $695.00 and gave the company an "outperform" rating in a research note on Tuesday, April 29th. Finally, JPMorgan Chase & Co. upped their price objective on Roper Technologies from $465.00 to $470.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $620.91.

Insider Activity

In related news, CFO Jason Conley sold 3,000 shares of Roper Technologies stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $588.19, for a total transaction of $1,764,570.00. Following the completion of the sale, the chief financial officer now owns 31,522 shares of the company's stock, valued at approximately $18,540,925.18. The trade was a 8.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.87% of the company's stock.

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.