As Roper Technologies (ROP) Valuation Declined, Segall Bryant & Hamill LLC Lowered Holding by $4.66 Million

July 20, 2018 - By Andrea Pope

Roper Technologies, Inc. (NYSE:ROP) LogoInvestors sentiment decreased to 0.94 in 2018 Q1. Its down 0.02, from 0.96 in 2017Q4. It worsened, as 42 investors sold ROP shares while 212 reduced holdings. 64 funds opened positions while 176 raised stakes. 94.18 million shares or 1.40% less from 95.52 million shares in 2017Q4 were reported. Proshare Advsr Ltd Company holds 267,263 shares or 0.49% of its portfolio. Telemus Capital Ltd Com owns 0.23% invested in Roper Technologies, Inc. (NYSE:ROP) for 10,234 shares. Cap Investment Of America Incorporated accumulated 55,097 shares. Northern, Illinois-based fund reported 1.14 million shares. Montecito Bank & has 0.15% invested in Roper Technologies, Inc. (NYSE:ROP) for 1,611 shares. First Republic Invest Management invested in 159,118 shares or 0.35% of the stock. Loring Wolcott Coolidge Fiduciary Limited Liability Partnership Ma invested in 0.31% or 60,052 shares. 40,056 were accumulated by First Commercial Bank Of Omaha. Blair William & Il has 24,110 shares. Natixis LP accumulated 0.11% or 40,720 shares. Korea Investment reported 122,487 shares or 0.16% of all its holdings. Stevens LP reported 20,743 shares stake. Duncker Streett & has 5,730 shares for 0.41% of their portfolio. Comerica Bancorp has invested 0.12% in Roper Technologies, Inc. (NYSE:ROP). Washington invested in 0.21% or 12,476 shares.

Since January 23, 2018, it had 2 insider buys, and 6 sales for $60.92 million activity. The insider JELLISON BRIAN D sold $59.72M. WRIGHT CHRISTOPHER sold 500 shares worth $141,995. WALLMAN RICHARD F bought $141,295 worth of stock or 500 shares.

Segall Bryant & Hamill Llc decreased its stake in Roper Technologies (ROP) by 5.1% based on its latest 2018Q1 regulatory filing with the SEC. Segall Bryant & Hamill Llc sold 16,637 shares as the company’s stock declined 2.11% with the market. The hedge fund held 309,711 shares of the capital goods company at the end of 2018Q1, valued at $86.93 million, down from 326,348 at the end of the previous reported quarter. Segall Bryant & Hamill Llc who had been investing in Roper Technologies for a number of months, seems to be less bullish one the $29.38 billion market cap company. The stock increased 0.47% or $1.32 during the last trading session, reaching $284.78. About 209,472 shares traded. Roper Technologies, Inc. (NYSE:ROP) has risen 23.18% since July 20, 2017 and is uptrending. It has outperformed by 10.61% the S&P500.

Segall Bryant & Hamill Llc, which manages about $9.47 billion and $4.32 billion US Long portfolio, upped its stake in Angiodynamics Inc (NASDAQ:ANGO) by 381,497 shares to 651,782 shares, valued at $11.24 million in 2018Q1, according to the filing. It also increased its holding in Catalent Inc (NYSE:CTLT) by 145,941 shares in the quarter, for a total of 365,886 shares, and has risen its stake in Equity Commonwealth (NYSE:EQC).

Analysts await Roper Technologies, Inc. (NYSE:ROP) to report earnings on July, 30. They expect $2.70 EPS, up 20.54 % or $0.46 from last year’s $2.24 per share. ROP’s profit will be $278.53 million for 26.37 P/E if the $2.70 EPS becomes a reality. After $2.61 actual EPS reported by Roper Technologies, Inc. for the previous quarter, Wall Street now forecasts 3.45 % EPS growth.

More recent Roper Technologies, Inc. (NYSE:ROP) news were published by: Digitaljournal.com which released: “NYSE: ROP Investor Alert: Investigation over Potential Wrongdoing at Roper Technologies, Inc.” on July 18, 2018. Also Globenewswire.com published the news titled: “DAT Broker TMS Adds New Load Tracking Module” on July 16, 2018. Globenewswire.com‘s news article titled: “Roper Technologies Schedules Second Quarter 2018 Financial Results Conference Call” with publication date: July 06, 2018 was also an interesting one.

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

Among 7 analysts covering Roper Technologies (NYSE:ROP), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Roper Technologies had 11 analyst reports since February 4, 2018 according to SRatingsIntel. On Monday, February 5 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Roper Technologies, Inc. (NYSE:ROP) earned “Equal-Weight” rating by Barclays Capital on Monday, April 23. The stock of Roper Technologies, Inc. (NYSE:ROP) earned “Overweight” rating by JP Morgan on Tuesday, April 24. The firm has “Overweight” rating given on Tuesday, May 22 by JP Morgan. The firm earned “Buy” rating on Sunday, February 4 by RBC Capital Markets. Robert W. Baird maintained Roper Technologies, Inc. (NYSE:ROP) rating on Sunday, February 4. Robert W. Baird has “Hold” rating and $265.0 target. As per Sunday, April 22, the company rating was maintained by Robert W. Baird. As per Sunday, February 4, the company rating was maintained by Canaccord Genuity. Cowen & Co maintained the shares of ROP in report on Monday, March 5 with “Buy” rating. The company was maintained on Thursday, February 15 by Stifel Nicolaus.

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

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