Greenwich Wealth Management LLC Has $249,000 Holdings in Roper Technologies, Inc. (NYSE:ROP)

Greenwich Wealth Management LLC decreased its position in shares of Roper Technologies, Inc. (NYSE:ROP) by 9.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 479 shares of the industrial products company’s stock after selling 50 shares during the period. Greenwich Wealth Management LLC’s holdings in Roper Technologies were worth $249,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Empowered Funds LLC boosted its stake in Roper Technologies by 11.7% during the 3rd quarter. Empowered Funds LLC now owns 2,108 shares of the industrial products company’s stock valued at $1,173,000 after purchasing an additional 220 shares during the period. Mizuho Securities USA LLC lifted its holdings in shares of Roper Technologies by 162.2% during the third quarter. Mizuho Securities USA LLC now owns 21,631 shares of the industrial products company’s stock worth $12,036,000 after buying an additional 13,382 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Roper Technologies by 3.7% in the third quarter. Thrivent Financial for Lutherans now owns 7,610 shares of the industrial products company’s stock worth $4,235,000 after acquiring an additional 269 shares during the last quarter. Swiss National Bank grew its stake in shares of Roper Technologies by 0.3% in the third quarter. Swiss National Bank now owns 317,700 shares of the industrial products company’s stock worth $176,781,000 after acquiring an additional 800 shares during the last quarter. Finally, Taurus Asset Management LLC raised its stake in Roper Technologies by 4.7% during the 3rd quarter. Taurus Asset Management LLC now owns 21,675 shares of the industrial products company’s stock valued at $12,061,000 after purchasing an additional 965 shares during the last quarter. 93.31% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Roper Technologies news, CFO Jason Conley sold 3,000 shares of the business’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $578.05, for a total value of $1,734,150.00. Following the transaction, the chief financial officer now owns 31,522 shares of the company’s stock, valued at approximately $18,221,292.10. The trade was a 8.69 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard F. Wallman sold 351 shares of the stock in a transaction on Friday, January 31st. The stock was 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 in the company, valued at $11,612,571.75. The trade was a 1.71 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,101 shares of company stock valued at $4,712,045. 0.87% of the stock is currently owned by insiders.

Roper Technologies Stock Performance

Roper Technologies stock opened at $569.29 on Monday. Roper Technologies, Inc. has a 52-week low of $499.47 and a 52-week high of $595.17. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37. The stock has a fifty day moving average price of $557.33 and a two-hundred day moving average price of $551.91. The firm has a market capitalization of $61.13 billion, a P/E ratio of 39.70, a P/E/G ratio of 2.77 and a beta of 1.06.

Roper Technologies Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have issued reports on ROP shares. Raymond James restated a “strong-buy” rating and issued a $655.00 price target (up from $620.00) on shares of Roper Technologies in a research report on Friday, January 31st. TD Cowen raised Roper Technologies from a “hold” rating to a “buy” rating and lifted their target price for the stock from $535.00 to $615.00 in a research report on Tuesday, January 28th. Barclays cut their price target on Roper Technologies from $569.00 to $562.00 and set an “underweight” rating for the company in a report on Wednesday, January 8th. Robert W. Baird set a $665.00 price objective on Roper Technologies in a report on Friday, January 31st. Finally, Oppenheimer upped their target price on Roper Technologies from $630.00 to $640.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Roper Technologies has a consensus rating of “Moderate Buy” and an average target price of $623.60.

Roper Technologies Company Profile

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.