Roper Industries Inc 2019 Q1 Institutional Investor Sentiment Better Than Expected

Roper Technologies, Inc. (NYSE:ROP) Logo

Sentiment for Roper Industries Inc (NYSE:ROP)

Roper Industries Inc (NYSE:ROP) institutional sentiment increased to 1.08 in 2019 Q1. Its up 0.11, from 0.97 in 2018Q4. The ratio is more positive, as 282 institutional investors started new and increased positions, while 262 sold and decreased stakes in Roper Industries Inc. The institutional investors in our partner’s database now have: 95.10 million shares, down from 95.98 million shares in 2018Q4. Also, the number of institutional investors holding Roper Industries Inc in their top 10 positions increased from 22 to 32 for an increase of 10. Sold All: 45 Reduced: 217 Increased: 205 New Position: 77.

Roper Technologies, Inc. designs and develops software, and engineered products and solutions. The company has market cap of $39.55 billion. It operates in four divisions: Medical & Scientific Imaging; RF Technology; Industrial Technology; and Energy Systems & Controls. It has a 36.05 P/E ratio. The firm offers diagnostic and laboratory software solutions; patient positioning devices and related software, 3-D measurement technology, and diagnostic and therapeutic disposable products; non-invasive instruments and video laryngoscopes; and a cloud financial analytics and performance software platform, as well as electron filters, charged couple devices, and complementary metal oxide semiconductor cameras, detectors, and related software.

The stock increased 1.49% or $5.58 during the last trading session, reaching $380.38. About 375,488 shares traded. Roper Technologies, Inc. (NYSE:ROP) has risen 27.03% since July 12, 2018 and is uptrending. It has outperformed by 22.60% the S&P500.

Analysts await Roper Technologies, Inc. (NYSE:ROP) to report earnings on July, 25. They expect $3.06 earnings per share, up 5.88 % or $0.17 from last year’s $2.89 per share. ROP’s profit will be $318.18M for 31.08 P/E if the $3.06 EPS becomes a reality. After $3.30 actual earnings per share reported by Roper Technologies, Inc. for the previous quarter, Wall Street now forecasts -7.27 % negative EPS growth.

Clear Harbor Asset Management Llc holds 17.19% of its portfolio in Roper Technologies, Inc. for 248,093 shares. Inverness Counsel Llc Ny owns 689,899 shares or 12.85% of their US portfolio. Moreover, Alleghany Corp De has 9.11% invested in the company for 562,000 shares. The Michigan-based Provident Investment Management Inc. has invested 6.62% in the stock. Akre Capital Management Llc, a Virginia-based fund reported 1.57 million shares.

Since January 1, 0001, it had 1 insider purchase, and 3 selling transactions for $5.26 million activity.

Roper Technologies, Inc. (NYSE:ROP) Ratings Coverage

Ratings analysis reveals 33% of Roper Technologies’s analysts are positive. Out of 3 Wall Street analysts rating Roper Technologies, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $306 while the high is $37000. The stock’s average target of $330.75 is -13.05% below today’s ($380.38) share price. ROP was included in 11 notes of analysts from February 4, 2019. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, April 3. The firm has “Hold” rating by Barclays Capital given on Wednesday, March 13. The rating was maintained by Robert W. Baird with “Neutral” on Monday, February 4. Wells Fargo maintained the shares of ROP in report on Monday, February 4 with “Outperform” rating.

More notable recent Roper Technologies, Inc. (NYSE:ROP) news were published by: Finance.Yahoo.com which released: “A Note On Roper Technologies, Inc.’s (NYSE:ROP) ROE and Debt To Equity – Yahoo Finance” on June 26, 2019, also Globenewswire.com with their article: “Roper Technologies Announces Record First Quarter Results – GlobeNewswire” published on April 25, 2019, Globenewswire.com published: “Spot market volume drops nearly a third from December 2017 – GlobeNewswire” on January 11, 2019. More interesting news about Roper Technologies, Inc. (NYSE:ROP) were released by: Finance.Yahoo.com and their article: “With EPS Growth And More, Roper Technologies (NYSE:ROP) Is Interesting – Yahoo Finance” published on June 23, 2019 as well as Globenewswire.com‘s news article titled: “DAT Adds Integrations to Support Thousands of TMS Users – GlobeNewswire” with publication date: April 05, 2019.

Roper Technologies, Inc. (NYSE:ROP) Institutional Positions Chart

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