Roper Technologies, Inc. (NYSE:ROP) Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. decreased its stake in shares of Roper Technologies, Inc. (NYSE:ROP - Free Report) by 26.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,520 shares of the industrial products company's stock after selling 1,999 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Roper Technologies were worth $2,881,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. VSM Wealth Advisory LLC acquired a new stake in Roper Technologies during the 4th quarter worth approximately $26,000. CoreFirst Bank & Trust purchased a new stake in Roper Technologies during the fourth quarter worth approximately $36,000. OFI Invest Asset Management acquired a new stake in shares of Roper Technologies in the fourth quarter worth $38,000. E Fund Management Hong Kong Co. Ltd. raised its stake in shares of 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 valued at $40,000 after acquiring an additional 75 shares during the period. Finally, Golden State Wealth Management LLC acquired a new position in shares of Roper Technologies during the 4th quarter valued at $45,000. Hedge funds and other institutional investors own 93.31% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have commented on ROP. JPMorgan Chase & Co. cut their price objective on Roper Technologies from $558.00 to $465.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Barclays dropped their price objective 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. Truist Financial restated a "buy" rating and issued a $675.00 target price (up from $665.00) on shares of Roper Technologies in a research note on Friday, January 31st. Oppenheimer boosted their price objective on shares of Roper Technologies from $630.00 to $640.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Finally, Robert W. Baird set a $665.00 target price on Roper Technologies in a research report 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 issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $620.73.

Insider Buying and Selling

In other Roper Technologies news, 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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Jason Conley sold 3,000 shares of the firm'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 completion of the sale, the chief financial officer now owns 31,522 shares in the company, valued at $18,221,292.10. The trade was a 8.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,101 shares of company stock worth $4,712,045 over the last quarter. 0.87% of the stock is owned by company insiders.

Roper Technologies Stock Performance

Roper Technologies stock opened at $557.70 on Friday. The company has a market cap of $59.89 billion, a PE ratio of 38.89, a P/E/G ratio of 2.77 and a beta of 1.04. Roper Technologies, Inc. has a 12 month low of $499.47 and a 12 month high of $595.17. The company has a fifty day moving average price of $568.90 and a two-hundred day moving average price of $554.53. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.40 and a quick ratio of 0.37.

Roper Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Friday, April 4th were given a dividend of $0.825 per share. This represents a $3.30 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date was Friday, April 4th. Roper Technologies's dividend payout ratio is presently 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.

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