Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Has $1.14 Million Stock Position in Roper Technologies, Inc. (NYSE:ROP)

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group reduced its holdings in shares of Roper Technologies, Inc. (NYSE:ROP) by 11.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,200 shares of the industrial products company’s stock after selling 287 shares during the quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in Roper Technologies were worth $1,144,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Avantax Advisory Services Inc. grew its holdings in shares of Roper Technologies by 1.3% during the fourth quarter. Avantax Advisory Services Inc. now owns 3,898 shares of the industrial products company’s stock valued at $2,027,000 after buying an additional 50 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Roper Technologies by 8.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 878 shares of the industrial products company’s stock valued at $456,000 after buying an additional 66 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of Roper Technologies by 23.9% during the fourth quarter. HighTower Advisors LLC now owns 35,576 shares of the industrial products company’s stock valued at $18,494,000 after buying an additional 6,874 shares during the last quarter. Inspire Advisors LLC grew its holdings in shares of Roper Technologies by 12.3% during the fourth quarter. Inspire Advisors LLC now owns 1,060 shares of the industrial products company’s stock valued at $551,000 after buying an additional 116 shares during the last quarter. Finally, Eos Management L.P. grew its holdings in shares of Roper Technologies by 124.9% during the fourth quarter. Eos Management L.P. now owns 8,324 shares of the industrial products company’s stock valued at $4,327,000 after buying an additional 4,623 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Stock Up 0.1 %

ROP opened at $566.42 on Thursday. The company’s 50-day moving average price is $555.26 and its two-hundred day moving average price is $551.66. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $595.17. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35. The stock has a market cap of $60.83 billion, a price-to-earnings ratio of 39.50, a PEG ratio of 2.77 and a beta of 1.06.

Roper Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Friday, April 4th will be given a $0.825 dividend. This represents a $3.30 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Friday, April 4th. Roper Technologies’s dividend payout ratio (DPR) is currently 23.01%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on ROP shares. Truist Financial reiterated a “buy” rating and set a $675.00 price objective (up from $665.00) on shares of Roper Technologies in a report on Friday, January 31st. JPMorgan Chase & Co. boosted their price target on shares of Roper Technologies from $539.00 to $558.00 and gave the stock a “neutral” rating in a report on Friday, January 31st. Oppenheimer boosted their price target on shares of Roper Technologies from $630.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Raymond James restated a “strong-buy” rating and set a $655.00 price target (up from $620.00) on shares of Roper Technologies in a report on Friday, January 31st. Finally, Robert W. Baird set a $665.00 price target on shares of Roper Technologies in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, six have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $623.60.

Insider Activity

In other news, Director Richard F. Wallman sold 351 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $575.25, for a total value of $201,912.75. Following the sale, the director now owns 20,187 shares of the company’s stock, valued at $11,612,571.75. The trade was a 1.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Brandon L. Cross sold 750 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were 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 directly owns 1,329 shares in the company, valued at approximately $767,936.07. This trade represents a 36.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,101 shares of company stock valued at $4,712,045 over the last quarter. Company insiders own 0.87% of the company’s stock.

About Roper Technologies

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.