As Roper Technologies (ROP) Stock Price Rose, Holder Provident Investment Management Has Cut Holding; Newell Rubbermaid I (NWL) Shareholder Hgk Asset Management Has Lifted Its Position by $4.83 Million as Market Value Rose

January 20, 2018 - By Hazel Jackson

Provident Investment Management Inc decreased its stake in Roper Technologies Inc (ROP) by 3.08% based on its latest 2017Q3 regulatory filing with the SEC. Provident Investment Management Inc sold 4,022 shares as the company’s stock rose 6.97% with the market. The institutional investor held 126,692 shares of the capital goods company at the end of 2017Q3, valued at $30.84 million, down from 130,714 at the end of the previous reported quarter. Provident Investment Management Inc who had been investing in Roper Technologies Inc for a number of months, seems to be less bullish one the $28.22 billion market cap company. The stock decreased 0.26% or $0.73 during the last trading session, reaching $275.69. About 645,311 shares traded or 68.96% up from the average. Roper Technologies, Inc. (NYSE:ROP) has risen 23.10% since January 20, 2017 and is uptrending. It has outperformed by 6.40% the S&P500.

Hgk Asset Management Inc increased its stake in Newell Rubbermaid I (NWL) by 93.45% based on its latest 2017Q3 regulatory filing with the SEC. Hgk Asset Management Inc bought 114,907 shares as the company’s stock rose 13.21% with the market. The institutional investor held 237,867 shares of the plastic products company at the end of 2017Q3, valued at $10.15 million, up from 122,960 at the end of the previous reported quarter. Hgk Asset Management Inc who had been investing in Newell Rubbermaid I for a number of months, seems to be bullish on the $15.30B market cap company. The stock decreased 0.22% or $0.07 during the last trading session, reaching $31.22. About 5.49M shares traded. Newell Brands Inc. (NYSE:NWL) has risen 11.94% since January 20, 2017 and is uptrending. It has underperformed by 4.76% the S&P500.

Provident Investment Management Inc, which manages about $417.42 million and $590.08M US Long portfolio, upped its stake in Bioverativ Inc by 103,948 shares to 421,568 shares, valued at $24.06 million in 2017Q3, according to the filing. It also increased its holding in Signature Bk New York N Y (NASDAQ:SBNY) by 9,200 shares in the quarter, for a total of 194,936 shares, and has risen its stake in Abbott Labs (NYSE:ABT).

Investors sentiment increased to 1.28 in Q3 2017. Its up 0.34, from 0.94 in 2017Q2. It is positive, as 19 investors sold ROP shares while 170 reduced holdings. 58 funds opened positions while 184 raised stakes. 98.93 million shares or 4.07% more from 95.07 million shares in 2017Q2 were reported. Swedbank stated it has 1.47% in Roper Technologies, Inc. (NYSE:ROP). 5,893 were reported by Panagora Asset Mngmt. 5,561 are held by Advisers Ltd Com. Boston Family Office Limited Liability Company owns 26,840 shares or 0.74% of their US portfolio. Hamilton Point Invest Advsrs Ltd Co owns 16,036 shares for 2.11% of their portfolio. Vantage Investment Advsrs Limited Liability reported 17 shares. First Western Capital stated it has 2.73% of its portfolio in Roper Technologies, Inc. (NYSE:ROP). Guardian Life Insur Com Of America owns 229 shares or 0.01% of their US portfolio. Williams Jones & Assoc Lc accumulated 0.02% or 3,825 shares. Morgan Stanley has invested 0.02% in Roper Technologies, Inc. (NYSE:ROP). Hermes Inv has 2,600 shares. Lmr Prns Llp accumulated 2,701 shares. Shine Inv Advisory Serv invested in 0.02% or 195 shares. Kcm Invest Advsrs Ltd stated it has 0.02% in Roper Technologies, Inc. (NYSE:ROP). Cramer Rosenthal Mcglynn Ltd Liability Com reported 0.33% in Roper Technologies, Inc. (NYSE:ROP).

Since August 8, 2017, it had 0 buys, and 8 sales for $24.95 million activity. $235,473 worth of Roper Technologies, Inc. (NYSE:ROP) shares were sold by Thatcher Laura G. JOHNSON ROBERT D sold $469,940 worth of Roper Technologies, Inc. (NYSE:ROP) on Wednesday, August 9. WRIGHT CHRISTOPHER sold $118,520 worth of stock. KNOWLING ROBERT E JR sold $1.04M worth of Roper Technologies, Inc. (NYSE:ROP) on Tuesday, October 31. JELLISON BRIAN D had sold 81,500 shares worth $21.16M on Tuesday, December 19. Another trade for 2,000 shares valued at $471,597 was sold by PREZZANO WILBUR J.

Analysts await Roper Technologies, Inc. (NYSE:ROP) to report earnings on February, 8. They expect $2.60 earnings per share, up 39.78% or $0.74 from last year’s $1.86 per share. ROP’s profit will be $266.14 million for 26.51 P/E if the $2.60 EPS becomes a reality. After $2.36 actual earnings per share reported by Roper Technologies, Inc. for the previous quarter, Wall Street now forecasts 10.17% EPS growth.

Among 12 analysts covering Roper Industries Inc. (NYSE:ROP), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. Roper Industries Inc. had 45 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Neutral” rating by JP Morgan on Friday, March 24. Robert W. Baird maintained the shares of ROP in report on Tuesday, October 31 with “Neutral” rating. RBC Capital Markets maintained Roper Technologies, Inc. (NYSE:ROP) rating on Tuesday, February 2. RBC Capital Markets has “Outperform” rating and $201 target. The stock has “Sell” rating by Zacks on Thursday, August 20. The stock has “Outperform” rating by Oppenheimer on Friday, January 6. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, July 19. RBC Capital Markets maintained Roper Technologies, Inc. (NYSE:ROP) rating on Wednesday, January 3. RBC Capital Markets has “Buy” rating and $302.0 target. Oppenheimer maintained Roper Technologies, Inc. (NYSE:ROP) rating on Sunday, June 18. Oppenheimer has “Buy” rating and $25000 target. The firm has “Hold” rating given on Wednesday, October 19 by Argus Research. RBC Capital Markets maintained the stock with “Buy” rating in Monday, July 31 report.

Among 19 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Newell Rubbermaid Inc. had 53 analyst reports since August 4, 2015 according to SRatingsIntel. Deutsche Bank maintained Newell Brands Inc. (NYSE:NWL) rating on Monday, May 2. Deutsche Bank has “Buy” rating and $52 target. The rating was maintained by Jefferies on Tuesday, October 17 with “Hold”. On Monday, October 16 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The stock of Newell Brands Inc. (NYSE:NWL) has “Neutral” rating given on Thursday, November 2 by JP Morgan. RBC Capital Markets downgraded the shares of NWL in report on Friday, November 3 to “Outperform” rating. Jefferies maintained the shares of NWL in report on Monday, August 7 with “Buy” rating. Forward View Consulting maintained Newell Brands Inc. (NYSE:NWL) on Monday, August 7 with “Buy” rating. The company was maintained on Tuesday, September 8 by RBC Capital Markets. The firm has “Outperform” rating given on Tuesday, November 15 by Wells Fargo. J.P. Morgan downgraded Newell Brands Inc. (NYSE:NWL) on Thursday, November 2 to “Hold” rating.

Investors sentiment increased to 1.11 in Q3 2017. Its up 0.17, from 0.94 in 2017Q2. It is positive, as 71 investors sold NWL shares while 188 reduced holdings. 70 funds opened positions while 217 raised stakes. 442.84 million shares or 0.35% more from 441.31 million shares in 2017Q2 were reported. Thrivent Financial For Lutherans has 0.1% invested in Newell Brands Inc. (NYSE:NWL). Us Bancorporation De invested in 0.03% or 247,632 shares. Ngam Advsr Lp has 540,314 shares for 0.24% of their portfolio. Capital Ltd Ca owns 0.58% invested in Newell Brands Inc. (NYSE:NWL) for 205,000 shares. The New York-based Sg Americas Ltd Liability Corporation has invested 0.01% in Newell Brands Inc. (NYSE:NWL). State Of Wisconsin Board owns 447,404 shares for 0.06% of their portfolio. Engineers Gate Manager LP invested 0.15% in Newell Brands Inc. (NYSE:NWL). Carroll Financial stated it has 2,600 shares or 0.01% of all its holdings. Moreover, Comml Bank Of America De has 0.03% invested in Newell Brands Inc. (NYSE:NWL). Wetherby Asset Mngmt holds 7,994 shares. Whittier Tru invested in 10,658 shares or 0.02% of the stock. Scopus Asset Ltd Partnership stated it has 0.68% in Newell Brands Inc. (NYSE:NWL). Denver Inv Advisors Ltd Llc owns 0.35% invested in Newell Brands Inc. (NYSE:NWL) for 166,988 shares. Sadoff Investment Mngmt Llc accumulated 3.42% or 896,872 shares. Nelson Roberts Investment Advisors Limited Liability invested 0.01% in Newell Brands Inc. (NYSE:NWL).

Hgk Asset Management Inc, which manages about $4.73B and $703.78 million US Long portfolio, decreased its stake in Marathon Oil Corp. (NYSE:MRO) by 39,544 shares to 755,033 shares, valued at $10.24 million in 2017Q3, according to the filing. It also reduced its holding in Johnson & Johnson (NYSE:JNJ) by 6,670 shares in the quarter, leaving it with 128,661 shares, and cut its stake in Cvs Caremark Corp. (NYSE:CVS).

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