Ownership Action Alert: Roper Industries Inc 2016 Q2 Institutional Investor Sentiment Worse Than Expected

November 28, 2016 - By Hazel Jackson   ·   0 Comments

Ownership Action Alert: Roper Industries Inc  2016 Q2 Institutional Investor Sentiment  Worse Than Expected

Sentiment for Roper Industries Inc (NYSE:ROP)

Roper Industries Inc (NYSE:ROP) institutional sentiment decreased to 0.78 in 2016 Q2. Its down -0.13, from 0.91 in 2016Q1. The ratio has worsened, as 211 investment managers started new and increased holdings, while 231 sold and trimmed stakes in Roper Industries Inc. The investment managers in our partner’s database now own: 95.04 million shares, down from 99.19 million shares in 2016Q1. Also, the number of investment managers holding Roper Industries Inc in their top 10 holdings decreased from 19 to 10 for a decrease of 9. Sold All: 41 Reduced: 190 Increased: 162 New Position: 49.

Roper Technologies, Inc., formerly Roper Industries, Inc., is a technology company. The company has a market cap of $18.47 billion. The Firm operates businesses that design and develop software and engineered products and solutions for a range of end markets, including healthcare, transportation, food, energy, water, education and academic research. It has a 27.33 P/E ratio. It operates through four divisions.

The stock decreased 0.58% or $1.07 on November 25, hitting $183.13. Roper Technologies Inc (NYSE:ROP) has risen 1.93% since April 25, 2016 and is uptrending. It has underperformed by 4.08% the S&P500.

Analysts await Roper Technologies Inc (NYSE:ROP) to report earnings on February, 6. They expect $1.83 EPS, up 0.55% or $0.01 from last year’s $1.82 per share. ROP’s profit will be $184.57M for 25.02 P/E if the $1.83 EPS becomes a reality. After $1.65 actual EPS reported by Roper Technologies Inc for the previous quarter, Wall Street now forecasts 10.91% EPS growth.

According to Zacks Investment Research, “Roper Technologies, Inc. designs and develops software, engineered products and solutions for healthcare, transportation, food, energy, water, education and other niche markets. Roper Technologies, Inc., formerly known as Roper Industries Inc., is based in Sarasota, Florida.”

Clear Harbor Asset Management Llc holds 11.05% of its portfolio in Roper Technologies Inc for 297,880 shares. Inverness Counsel Llc Ny owns 790,378 shares or 10.48% of their US portfolio. Moreover, Alleghany Corp De has 5.23% invested in the company for 800,000 shares. The Virginia-based Akre Capital Management Llc has invested 5.07% in the stock. Provident Investment Management Inc., a Michigan-based fund reported 142,203 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 4 selling transactions for $8.01 million net activity.

Roper Technologies Inc (NYSE:ROP) Ratings Coverage

Ratings analysis reveals 80% of Roper Industries Inc.’s analysts are positive. Out of 5 Wall Street analysts rating Roper Industries Inc., 4 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $150 while the high is $215. The stock’s average target of $189.40 is 3.42% above today’s ($183.13) share price. ROP was included in 20 notes of analysts from July 29, 2015. The firm has “Underweight” rating given on Friday, September 11 by JP Morgan. The company was maintained on Tuesday, February 2 by RBC Capital Markets. The stock has “Overweight” rating given by Barclays Capital on Monday, October 5. Stifel Nicolaus initiated the shares of ROP in a report on Wednesday, November 25 with “Buy” rating. The stock has “Buy” rating given by Stifel Nicolaus on Tuesday, February 2. The firm has “Outperform” rating given on Tuesday, November 1 by RBC Capital Markets. The firm has “Sell” rating given on Monday, August 31 by Zacks. RBC Capital Markets maintained Roper Technologies Inc (NYSE:ROP) rating on Tuesday, October 27. RBC Capital Markets has “Outperform” rating and $207 price target. As per Wednesday, July 20, the company rating was initiated by Raymond James. The rating was initiated by Gabelli on Wednesday, October 7 with “Buy”.

ROP Company Profile

Roper Technologies, Inc., formerly Roper Industries, Inc., incorporated on December 17, 1981, is a technology company. The Firm operates businesses that design and develop software (both license and software-as-a-service) and engineered products and solutions for a range of end markets, including healthcare, transportation, food, energy, water, education and academic research. The Firm operates through four divisions: Medical and Scientific Imaging, RF Technology, Industrial Technology and Energy Systems and Controls.

More important recent Roper Technologies Inc (NYSE:ROP) news were published by: Fool.com which released: “Roper Technologies, Inc.: Management Delivers in a Tough Year” on November 01, 2016, also Prnewswire.com published article titled: “Roper Technologies To Present At Goldman Sachs Industrials Conference 2016”, Prnewswire.com published: “Roper Technologies Announces Second Quarter Results” on July 25, 2016. More interesting news about Roper Technologies Inc (NYSE:ROP) was released by: Marketwatch.com and their article: “Roper Technologies offers downbeat outlook” with publication date: February 01, 2016.

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By Hazel Jackson

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