Johnson Investment Counsel Has Cut Roper Industries (ROP) Stake as Valuation Rose; Valmont Inds (VMI) Holder Makaira Partners Has Increased Its Position

April 19, 2018 - By Peter Kolinski

Roper Technologies, Inc. (NYSE:ROP) Logo

Johnson Investment Counsel Inc decreased its stake in Roper Industries (ROP) by 26.29% based on its latest 2017Q4 regulatory filing with the SEC. Johnson Investment Counsel Inc sold 38,881 shares as the company’s stock rose 6.89% while stock markets declined. The institutional investor held 108,990 shares of the capital goods company at the end of 2017Q4, valued at $28.23 million, down from 147,871 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 $28.76B market cap company. The stock increased 1.05% or $2.91 during the last trading session, reaching $279.66. About 436,286 shares traded. Roper Technologies, Inc. (NYSE:ROP) has risen 35.33% since April 19, 2017 and is uptrending. It has outperformed by 23.78% the S&P500.

Thomas Bancroft increased its stake in Valmont Inds Inc (VMI) by 6.04% based on its latest 2017Q4 regulatory filing with the SEC. Makaira Partners Llc bought 17,990 shares as the company’s stock declined 13.53% with the market. The hedge fund run by Thomas Bancroft held 315,610 shares of the capital goods company at the end of 2017Q4, valued at $52.34 million, up from 297,620 at the end of the previous reported quarter. Makaira Partners Llc who had been investing in Valmont Inds Inc for a number of months, seems to be bullish on the $3.32 billion market cap company. The stock increased 1.25% or $1.8 during the last trading session, reaching $146.15. About 93,729 shares traded. Valmont Industries, Inc. (NYSE:VMI) has declined 5.04% since April 19, 2017 and is downtrending. It has underperformed by 16.59% the S&P500.

Investors sentiment decreased to 0.96 in 2017 Q4. Its down 0.32, from 1.28 in 2017Q3. It dived, as 32 investors sold ROP shares while 212 reduced holdings. 62 funds opened positions while 173 raised stakes. 95.52 million shares or 3.45% less from 98.93 million shares in 2017Q3 were reported. Northwestern Mutual Wealth Mgmt Company holds 0% of its portfolio in Roper Technologies, Inc. (NYSE:ROP) for 702 shares. Provident Mngmt invested 5.18% in Roper Technologies, Inc. (NYSE:ROP). Highland Mgmt Ltd owns 0.03% invested in Roper Technologies, Inc. (NYSE:ROP) for 1,610 shares. Artisan Ptnrs Ltd Partnership holds 991,376 shares or 0.49% of its portfolio. San Francisco Sentry Invest Gru (Ca) accumulated 3,616 shares or 0.27% of the stock. First Western Mngmt Co invested in 2.82% or 19,159 shares. Capital City Fl, a Florida-based fund reported 10,938 shares. 8,474 were accumulated by Loring Wolcott And Coolidge Fiduciary Advsrs Limited Liability Partnership Ma. Westpac Corporation invested 0.15% of its portfolio in Roper Technologies, Inc. (NYSE:ROP). Asset Mgmt Inc holds 892 shares. Private Ocean Lc stated it has 75 shares or 0.01% of all its holdings. Northern reported 0.08% of its portfolio in Roper Technologies, Inc. (NYSE:ROP). Donaldson Capital Ltd Limited Liability Company invested 0.8% in Roper Technologies, Inc. (NYSE:ROP). The Ohio-based Gateway Advisers Limited Company has invested 0.03% in Roper Technologies, Inc. (NYSE:ROP). Sterling Cap Limited Liability Com reported 35,132 shares.

Since October 31, 2017, it had 1 insider purchase, and 7 sales for $103.28 million activity. 1,500 shares were sold by WRIGHT CHRISTOPHER, worth $420,120. JOHNSON ROBERT D also sold $283,450 worth of Roper Technologies, Inc. (NYSE:ROP) on Monday, March 12. 4,000 shares were sold by KNOWLING ROBERT E JR, worth $1.04 million. 500 shares were bought by WALLMAN RICHARD F, worth $141,295.

Johnson Investment Counsel Inc, which manages about $8.19 billion and $4.00B US Long portfolio, upped its stake in Paccar Incorporated (NASDAQ:PCAR) by 4,947 shares to 454,153 shares, valued at $32.28 million in 2017Q4, according to the filing. It also increased its holding in Spdr Portfolio Small Cap Etf (TWOK) by 25,159 shares in the quarter, for a total of 37,579 shares, and has risen its stake in Intuitive Surgical Inc. (NASDAQ:ISRG).

Among 13 analysts covering Roper Industries Inc. (NYSE:ROP), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Roper Industries Inc. had 53 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Roper Technologies, Inc. (NYSE:ROP) has “Buy” rating given on Friday, July 7 by Stifel Nicolaus. The stock has “Sell” rating by Zacks on Thursday, August 20. The firm has “Buy” rating by RBC Capital Markets given on Sunday, February 4. The firm earned “Outperform” rating on Friday, January 6 by Oppenheimer. The stock of Roper Technologies, Inc. (NYSE:ROP) has “Buy” rating given on Thursday, February 15 by Stifel Nicolaus. The firm has “Sell” rating by Zacks given on Friday, August 7. The firm has “Hold” rating by Canaccord Genuity given on Thursday, July 27. The rating was maintained by Barclays Capital with “Overweight” on Monday, October 5. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, July 19. The firm has “Buy” rating given on Wednesday, November 25 by Stifel Nicolaus.

Analysts await Roper Technologies, Inc. (NYSE:ROP) to report earnings on April, 20 before the open. They expect $2.49 EPS, up 18.01% or $0.38 from last year’s $2.11 per share. ROP’s profit will be $256.03 million for 28.08 P/E if the $2.49 EPS becomes a reality. After $2.70 actual EPS reported by Roper Technologies, Inc. for the previous quarter, Wall Street now forecasts -7.78% negative EPS growth.

Among 5 analysts covering Valmont Industries Inc. (NYSE:VMI), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Valmont Industries Inc. had 15 analyst reports since January 12, 2016 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, October 19 report. Stifel Nicolaus maintained Valmont Industries, Inc. (NYSE:VMI) rating on Friday, February 23. Stifel Nicolaus has “Hold” rating and $160 target. The stock of Valmont Industries, Inc. (NYSE:VMI) earned “Neutral” rating by Wedbush on Friday, February 19. Stifel Nicolaus maintained Valmont Industries, Inc. (NYSE:VMI) on Tuesday, January 16 with “Hold” rating. As per Friday, October 6, the company rating was maintained by Stifel Nicolaus. The firm earned “Hold” rating on Thursday, July 20 by Boenning & Scattergood. The stock of Valmont Industries, Inc. (NYSE:VMI) has “Hold” rating given on Monday, December 11 by Stifel Nicolaus. On Monday, April 16 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was downgraded by Seaport Global to “Hold” on Tuesday, January 23. The firm has “Buy” rating given on Friday, August 11 by Boenning & Scattergood.

Valmont Industries, Inc. (NYSE:VMI) Institutional Positions Chart

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