Roper Technologies, Inc. (NYSE:ROP) Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. trimmed its holdings in shares of Roper Technologies, Inc. (NYSE:ROP) by 87.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 247 shares of the industrial products company’s stock after selling 1,772 shares during the period. Hantz Financial Services Inc.’s holdings in Roper Technologies were worth $128,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Fortitude Family Office LLC acquired a new position in Roper Technologies during the 3rd quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of Roper Technologies by 7,500.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 76 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 75 shares in the last quarter. Central Pacific Bank Trust Division increased its stake in shares of Roper Technologies by 34.4% during the third quarter. Central Pacific Bank Trust Division now owns 86 shares of the industrial products company’s stock valued at $48,000 after acquiring an additional 22 shares during the period. Global Wealth Strategies & Associates raised its holdings in Roper Technologies by 49.3% during the fourth quarter. Global Wealth Strategies & Associates now owns 100 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 33 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in Roper Technologies by 40.7% in the fourth quarter. Versant Capital Management Inc now owns 114 shares of the industrial products company’s stock worth $59,000 after purchasing an additional 33 shares during the period. 93.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Truist Financial reissued a “buy” rating and issued a $675.00 price objective (up previously from $665.00) on shares of Roper Technologies in a research note on Friday. Barclays dropped 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 report on Wednesday, January 8th. JPMorgan Chase & Co. raised their price objective on shares of Roper Technologies from $539.00 to $558.00 and gave the company a “neutral” rating in a research report on Friday. Raymond James restated a “strong-buy” rating and set a $655.00 target price (up from $620.00) on shares of Roper Technologies in a report on Friday. Finally, Mizuho lifted their price target on shares of Roper Technologies from $530.00 to $565.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. 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 assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $622.30.

Roper Technologies Price Performance

ROP opened at $575.65 on Friday. The firm has a market capitalization of $61.73 billion, a P/E ratio of 42.11, a PEG ratio of 2.60 and a beta of 1.04. Roper Technologies, Inc. has a 12-month low of $499.47 and a 12-month high of $584.31. The company has a quick ratio of 0.44, a current ratio of 0.48 and a debt-to-equity ratio of 0.41. The stock has a fifty day moving average of $535.93 and a 200-day moving average of $544.98.

Roper Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, January 3rd were paid a dividend of $0.825 per share. This represents a $3.30 annualized dividend and a yield of 0.57%. The ex-dividend date was Friday, January 3rd. This is a boost from Roper Technologies’s previous quarterly dividend of $0.75. Roper Technologies’s payout ratio is 23.01%.

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.