Roper Technologies, Inc. (NYSE:ROP) Shares Bought by Jump Financial LLC

Jump Financial LLC lifted its stake in Roper Technologies, Inc. (NYSE:ROP - Free Report) by 2,047.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,557 shares of the industrial products company's stock after buying an additional 29,134 shares during the quarter. Jump Financial LLC's holdings in Roper Technologies were worth $15,885,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. VSM Wealth Advisory LLC purchased a new stake in shares of Roper Technologies in the fourth quarter valued at approximately $26,000. CoreFirst Bank & Trust bought a new position in shares of Roper Technologies during the 4th quarter worth $36,000. E Fund Management Hong Kong Co. Ltd. increased its stake in shares of Roper Technologies by 7,500.0% during 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 buying an additional 75 shares during the period. OFI Invest Asset Management bought a new stake in shares of Roper Technologies in the fourth quarter valued at about $38,000. Finally, Golden State Wealth Management LLC bought a new position in Roper Technologies during the 4th quarter worth about $45,000. Institutional investors own 93.31% of the company's stock.

Insider Buying and Selling at Roper Technologies

In related news, Director Richard F. Wallman sold 351 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 20,187 shares of the company's stock, valued at $11,612,571.75. This trade represents a 1.71 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP John K. Stipancich sold 1,000 shares of the company's stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $578.04, for a total transaction of $578,040.00. Following the completion of the sale, the vice president now directly owns 38,932 shares in the company, valued at $22,504,253.28. This trade represents a 2.50 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,101 shares of company stock worth $4,712,045. 0.87% of the stock is owned by insiders.

Analyst Ratings Changes

ROP has been the subject of a number of recent research reports. Robert W. Baird set a $665.00 target price on shares of Roper Technologies in a report on Friday, January 31st. JPMorgan Chase & Co. cut their price target on shares of Roper Technologies from $558.00 to $465.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Stifel Nicolaus began coverage on Roper Technologies in a report on Thursday, March 27th. They set a "buy" rating and a $685.00 price objective for the company. 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 research note on Friday, January 31st. Finally, Oppenheimer lifted their price objective 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 investment analyst has rated the stock with a sell rating, three have given a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $620.73.

Roper Technologies Trading Up 0.2 %

NYSE ROP traded up $0.97 during trading on Friday, hitting $557.24. The stock had a trading volume of 343,108 shares, compared to its average volume of 552,992. Roper Technologies, Inc. has a twelve month low of $499.47 and a twelve month high of $595.17. The company has a market capitalization of $59.84 billion, a PE ratio of 38.86, a PEG ratio of 2.77 and a beta of 1.04. 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 firm has a 50 day moving average price of $570.92 and a 200 day moving average price of $554.25.

Roper Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Friday, April 4th will be paid a $0.825 dividend. The ex-dividend date of this dividend is Friday, April 4th. This represents a $3.30 annualized dividend and a yield of 0.59%. Roper Technologies's dividend payout ratio is presently 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.