TD Private Client Wealth LLC Has $123,000 Stock Holdings in Roper Technologies, Inc. (NYSE:ROP)

TD Private Client Wealth LLC trimmed its position in Roper Technologies, Inc. (NYSE:ROP) by 8.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 236 shares of the industrial products company’s stock after selling 21 shares during the period. TD Private Client Wealth LLC’s holdings in Roper Technologies were worth $123,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. VSM Wealth Advisory LLC acquired a new stake in shares of Roper Technologies in the fourth quarter valued at about $26,000. OFI Invest Asset Management acquired a new stake in Roper Technologies in the 4th quarter valued at approximately $38,000. E Fund Management Hong Kong Co. Ltd. increased its position in Roper Technologies by 7,500.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 76 shares of the industrial products company’s stock worth $40,000 after buying an additional 75 shares during the period. Golden State Wealth Management LLC acquired a new position in shares of Roper Technologies during the fourth quarter worth approximately $45,000. Finally, Ameliora Wealth Management Ltd. bought a new stake in shares of Roper Technologies in the fourth quarter valued at approximately $49,000. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Roper Technologies

In other news, VP Brandon L. Cross sold 750 shares of Roper Technologies stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $577.83, for a total value of $433,372.50. Following the completion of the sale, the vice president now directly owns 1,329 shares of the company’s stock, valued at approximately $767,936.07. This trade represents a 36.08 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jason Conley sold 3,000 shares of the company’s stock in a transaction on Friday, January 31st. The shares were 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 directly owns 31,522 shares in the company, valued at $18,221,292.10. This trade represents a 8.69 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,101 shares of company stock valued at $4,712,045 over the last quarter. Corporate insiders own 0.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ROP. JPMorgan Chase & Co. upped their target price on shares of Roper Technologies from $539.00 to $558.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. Robert W. Baird set a $665.00 price target on Roper Technologies in a research note on Friday, January 31st. Raymond James reiterated a “strong-buy” rating and issued a $655.00 price objective (up previously from $620.00) on shares of Roper Technologies in a research report on Friday, January 31st. 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. Finally, Barclays decreased their price target on shares of Roper Technologies from $569.00 to $562.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $623.60.

Roper Technologies Stock Up 0.4 %

Shares of NYSE ROP opened at $579.07 on Wednesday. Roper Technologies, Inc. has a 12-month low of $499.47 and a 12-month high of $595.17. The firm’s 50-day simple moving average is $566.88 and its 200 day simple moving average is $553.02. The company has a quick ratio of 0.37, a current ratio of 0.40 and a debt-to-equity ratio of 0.35. The company has a market cap of $62.18 billion, a price-to-earnings ratio of 40.38, a price-to-earnings-growth ratio of 2.77 and a beta of 1.06.

Roper Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Friday, April 4th will be paid a dividend of $0.825 per share. The ex-dividend date of this dividend is Friday, April 4th. This represents a $3.30 annualized dividend and a dividend yield of 0.57%. Roper Technologies’s dividend payout ratio (DPR) is currently 23.01%.

Roper Technologies 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.