Johnson Investment Counsel INC Trimmed Its Roper Industries (ROP) Holding by $3.70 Million

Roper Technologies, Inc. (NYSE:ROP) LogoInvestors sentiment increased to 1.28 in 2018 Q2. Its up 0.34, from 0.94 in 2018Q1. It improved, as 27 investors sold ROP shares while 185 reduced holdings. 69 funds opened positions while 203 raised stakes. 93.51 million shares or 0.70% less from 94.18 million shares in 2018Q1 were reported. Kentucky Retirement owns 4,380 shares. Goldman Sachs Gru Incorporated owns 688,270 shares. Schwartz Counsel Incorporated reported 74,000 shares. Legal & General Grp Incorporated Public Ltd Company has invested 0.1% of its portfolio in Roper Technologies, Inc. (NYSE:ROP). Stephens Investment Mgmt Gru Ltd accumulated 12,649 shares or 0.07% of the stock. Motco owns 630 shares. 4,540 were reported by South State. Hamilton Point Investment Lc holds 16,602 shares or 2.27% of its portfolio. Moreover, West Oak Capital Limited Company has 0% invested in Roper Technologies, Inc. (NYSE:ROP). Swedbank owns 883,433 shares. State Of Wisconsin Investment Board invested 0.08% of its portfolio in Roper Technologies, Inc. (NYSE:ROP). Northern Tru holds 0.08% or 1.14 million shares in its portfolio. Advisors Asset Mgmt Incorporated has 0.06% invested in Roper Technologies, Inc. (NYSE:ROP) for 12,307 shares. Ativo Cap Mngmt Ltd Limited Liability Company has 9,548 shares. Concourse Cap Limited Liability invested 3.27% in Roper Technologies, Inc. (NYSE:ROP).

Since June 12, 2018, it had 2 insider purchases, and 4 selling transactions for $739,542 activity. 500 shares valued at $156,175 were bought by WALLMAN RICHARD F on Friday, September 14. $223,778 worth of Roper Technologies, Inc. (NYSE:ROP) was sold by JOHNSON ROBERT D on Tuesday, September 4. WRIGHT CHRISTOPHER sold $358,713 worth of Roper Technologies, Inc. (NYSE:ROP) on Tuesday, June 12.

Johnson Investment Counsel Inc decreased its stake in Roper Industries (ROP) by 30.43% based on its latest 2018Q2 regulatory filing with the SEC. Johnson Investment Counsel Inc sold 13,452 shares as the company’s stock rose 6.65% with the market. The institutional investor held 30,755 shares of the capital goods company at the end of 2018Q2, valued at $8.49M, down from 44,207 at the end of the previous reported quarter. Johnson Investment Counsel Inc who had been investing in Roper Industries for a number of months, seems to be less bullish one the $29.46B market cap company. The stock decreased 0.84% or $2.4 during the last trading session, reaching $284.82. About 776,686 shares traded or 53.11% up from the average. Roper Technologies, Inc. (NYSE:ROP) has risen 28.28% since December 8, 2017 and is uptrending. It has outperformed by 12.66% the S&P500.

Johnson Investment Counsel Inc, which manages about $8.19 billion and $4.08 billion US Long portfolio, upped its stake in Axis Capital Holdings Limited (NYSE:AXS) by 100,870 shares to 409,373 shares, valued at $22.77 million in 2018Q2, according to the filing. It also increased its holding in Waste Management Inc. (NYSE:WM) by 328,562 shares in the quarter, for a total of 333,958 shares, and has risen its stake in Chubb Limited.

Analysts await Roper Technologies, Inc. (NYSE:ROP) to report earnings on February, 1. They expect $3.13 EPS, up 15.93 % or $0.43 from last year’s $2.7 per share. ROP’s profit will be $323.74 million for 22.75 P/E if the $3.13 EPS becomes a reality. After $3.09 actual EPS reported by Roper Technologies, Inc. for the previous quarter, Wall Street now forecasts 1.29 % EPS growth.

More notable recent Roper Technologies, Inc. (NYSE:ROP) news were published by: Bizjournals.com which released: “How the Tampa Bay area’s top 8 public companies performed last week – Tampa Bay Business Journal” on November 19, 2018, also Nasdaq.com with their article: “New Research Coverage Highlights Callaway Golf, Synchrony Financial, Roper Technologies, Ringcentral, Sarepta Therapeutics, and Advanced Micro Devices — Consolidated Revenues, Company Growth, and Expectations for 2018 – Nasdaq” published on December 07, 2018, Nasdaq.com published: “3 Companies Ready For A Recession – Nasdaq” on November 19, 2018. More interesting news about Roper Technologies, Inc. (NYSE:ROP) were released by: Globenewswire.com and their article: “DAT Freight Index: Hurricanes Cause a Delay in October Freight Surge – GlobeNewswire” published on November 12, 2018 as well as Seekingalpha.com‘s news article titled: “Roper Technologies: A Fantastic Company, Fantastically Priced – Seeking Alpha” with publication date: June 14, 2018.

Roper Technologies, Inc. (NYSE:ROP) Ratings Coverage

Among 5 analysts covering Roper Technologies (NYSE:ROP), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Roper Technologies had 6 analyst reports since July 27, 2018 according to SRatingsIntel. The rating was downgraded by JP Morgan to “Neutral” on Friday, September 21. The firm earned “Equal-Weight” rating on Monday, October 29 by Barclays Capital. The firm has “Buy” rating given on Thursday, August 2 by Argus Research. As per Friday, July 27, the company rating was downgraded by Raymond James. JP Morgan maintained the stock with “Overweight” rating in Friday, July 27 report.

Roper Technologies, Inc. (NYSE:ROP) Institutional Positions Chart

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