2.29 % to Target, RBC Capital Reiterates ‘Buy’ Rating on Roper Technologies (NYSE:ROP) Shares Today

January 21, 2018 - By Vivian Park

 2.29 % to Target, RBC Capital Reiterates ‘Buy’ Rating on Roper Technologies (NYSE:ROP) Shares Today

Investors sentiment increased to 1.28 in Q3 2017. Its up 0.34, from 0.94 in 2017Q2. It improved, as 19 investors sold Roper Technologies, Inc. shares while 170 reduced holdings. 58 funds opened positions while 184 raised stakes. 98.93 million shares or 4.07% more from 95.07 million shares in 2017Q2 were reported.

Bluestein R H And holds 0.02% of its portfolio in Roper Technologies, Inc. (NYSE:ROP) for 1,500 shares. Hikari Tsushin has invested 1.11% in Roper Technologies, Inc. (NYSE:ROP). Spc holds 3,105 shares. Alliancebernstein Limited Partnership holds 0.2% or 1.11 million shares. Fiera Corporation invested 0% of its portfolio in Roper Technologies, Inc. (NYSE:ROP). 18,423 were accumulated by Utah Retirement. Bahl Gaynor Inc owns 60,142 shares. State Common Retirement Fund invested in 306,605 shares. Legal General Gp Incorporated Public Ltd Co holds 0.09% of its portfolio in Roper Technologies, Inc. (NYSE:ROP) for 493,495 shares. 9,819 were reported by Asset Management. Smithfield Tru Comm reported 39 shares stake. Moneta Group Inc Investment Advisors Ltd owns 0.06% invested in Roper Technologies, Inc. (NYSE:ROP) for 1,703 shares. Carderock Cap Mgmt Inc holds 3.24% in Roper Technologies, Inc. (NYSE:ROP) or 29,467 shares. Balyasny Asset Mngmt Limited Co invested 0% of its portfolio in Roper Technologies, Inc. (NYSE:ROP). 1.83M are held by Brown Advisory.

Since August 8, 2017, it had 0 insider buys, and 8 selling transactions for $24.95 million activity. WRIGHT CHRISTOPHER had sold 500 shares worth $118,520. JELLISON BRIAN D sold $21.16 million worth of Roper Technologies, Inc. (NYSE:ROP) on Tuesday, December 19. 4,000 shares were sold by KNOWLING ROBERT E JR, worth $1.04M. Another trade for 2,000 shares valued at $469,940 was sold by JOHNSON ROBERT D. Shares for $1.23M were sold by Conley Jason. Thatcher Laura G had sold 1,000 shares worth $235,473.

Roper Technologies (NYSE:ROP) Rating Reaffirmed

In a research note sent to investors on 31 October, The Buy rating of Roper Technologies (NYSE:ROP) shares was reconfirmed at RBC Capital, who now has a $282.0 price target on the stock. RBC Capital’s price target gives a possible upside of 2.29 % from the last stock price of the company.

Investors sentiment increased to 1.28 in Q3 2017. Its up 0.34, from 0.94 in 2017Q2. It improved, as 19 investors sold Roper Technologies, Inc. shares while 170 reduced holdings. 58 funds opened positions while 184 raised stakes. 98.93 million shares or 4.07% more from 95.07 million shares in 2017Q2 were reported.

Bluestein R H And holds 0.02% of its portfolio in Roper Technologies, Inc. (NYSE:ROP) for 1,500 shares. Hikari Tsushin has invested 1.11% in Roper Technologies, Inc. (NYSE:ROP). Spc holds 3,105 shares. Alliancebernstein Limited Partnership holds 0.2% or 1.11 million shares. Fiera Corporation invested 0% of its portfolio in Roper Technologies, Inc. (NYSE:ROP). 18,423 were accumulated by Utah Retirement. Bahl Gaynor Inc owns 60,142 shares. State Common Retirement Fund invested in 306,605 shares. Legal General Gp Incorporated Public Ltd Co holds 0.09% of its portfolio in Roper Technologies, Inc. (NYSE:ROP) for 493,495 shares. 9,819 were reported by Asset Management. Smithfield Tru Comm reported 39 shares stake. Moneta Group Inc Investment Advisors Ltd owns 0.06% invested in Roper Technologies, Inc. (NYSE:ROP) for 1,703 shares. Carderock Cap Mgmt Inc holds 3.24% in Roper Technologies, Inc. (NYSE:ROP) or 29,467 shares. Balyasny Asset Mngmt Limited Co invested 0% of its portfolio in Roper Technologies, Inc. (NYSE:ROP). 1.83M are held by Brown Advisory.

Since August 8, 2017, it had 0 insider buys, and 8 selling transactions for $24.95 million activity. WRIGHT CHRISTOPHER had sold 500 shares worth $118,520. JELLISON BRIAN D sold $21.16 million worth of Roper Technologies, Inc. (NYSE:ROP) on Tuesday, December 19. 4,000 shares were sold by KNOWLING ROBERT E JR, worth $1.04M. Another trade for 2,000 shares valued at $469,940 was sold by JOHNSON ROBERT D. Shares for $1.23M were sold by Conley Jason. Thatcher Laura G had sold 1,000 shares worth $235,473.

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

Among 12 analysts covering Roper Industries Inc. (NYSE:ROP), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. Roper Industries Inc. has $310.0 highest and $150 lowest target. $254.09’s average target is -7.83% below currents $275.69 stock price. Roper Industries Inc. had 46 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Monday, June 5 by RBC Capital Markets. The stock of Roper Technologies, Inc. (NYSE:ROP) has “Outperform” rating given on Tuesday, November 1 by RBC Capital Markets. On Friday, January 6 the stock rating was upgraded by Oppenheimer to “Outperform”. The firm earned “Buy” rating on Monday, July 31 by RBC Capital Markets. RBC Capital Markets maintained Roper Technologies, Inc. (NYSE:ROP) on Thursday, September 28 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, February 2. The rating was upgraded by Zacks to “Sell” on Thursday, August 20. The firm has “Buy” rating by Cowen & Co given on Friday, September 8. JP Morgan downgraded the stock to “Neutral” rating in Friday, March 24 report. The stock of Roper Technologies, Inc. (NYSE:ROP) earned “Buy” rating by J.P. Morgan on Wednesday, September 20.

The stock decreased 0.26% or $0.73 during the last trading session, reaching $275.69. About 645,311 shares traded or 67.82% up from the average. Roper Technologies, Inc. (NYSE:ROP) has risen 23.10% since January 21, 2017 and is uptrending. It has outperformed by 6.40% the S&P500.

Analysts await Roper Technologies, Inc. (NYSE:ROP) to report earnings on February, 8. They expect $2.60 EPS, up 39.78 % or $0.74 from last year’s $1.86 per share. ROP’s profit will be $266.14 million for 26.51 P/E if the $2.60 EPS becomes a reality. After $2.36 actual EPS reported by Roper Technologies, Inc. for the previous quarter, Wall Street now forecasts 10.17 % EPS growth.

Roper Technologies, Inc. designs and develops software, and engineered products and solutions. The company has market cap of $28.22 billion. It operates in four divisions: Medical & Scientific Imaging; RF Technology; Industrial Technology; and Energy Systems & Controls. It has a 40.02 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.

More notable recent Roper Technologies, Inc. (NYSE:ROP) news were published by: Nasdaq.com which released: “Roper Technologies, Inc. (ROP) Ex-Dividend Date Scheduled for January 08, 2018” on January 05, 2018, also Seekingalpha.com with their article: “Roper Technologies: Capital Allocation Master Class” published on January 02, 2018, Globenewswire.com published: “Roper Technologies Schedules Fourth Quarter 2017 Financial Results Conference Call” on January 11, 2018. More interesting news about Roper Technologies, Inc. (NYSE:ROP) were released by: Gurufocus.com and their article: “Roper Technologies Inc (ROP) CEO & President Brian D Jellison Sold $20.7 …” published on January 19, 2018 as well as Streetinsider.com‘s news article titled: “Form 5 ROPER TECHNOLOGIES INC For: Dec 31 Filed by: FORT JOHN F III” with publication date: January 03, 2018.

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