APG Asset Management N.V. reduced its stake in Roper Technologies (NASDAQ:ROP) by 2.1% in the third quarter, now owning 141,897 shares valued at approximately $70.8 million. Despite this, institutional ownership remains high at about 93.31%. Roper recently reported strong quarterly earnings, beating EPS estimates, and announced a quarterly dividend of $0.91 per share, although its stock price is currently trading below its 50-day and 200-day moving averages, and analysts have adjusted their price targets downwards.
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APG Asset Management N.V. Decreases Holdings in Roper Technologies, Inc. $ROP
APG Asset Management N.V. reduced its stake in Roper Technologies (NASDAQ:ROP) by 2.1% in the third quarter, now owning 141,897 shares valued at approximately $70.8 million. Despite this, institutional ownership remains high at about 93.31%. Roper recently reported strong quarterly earnings, beating EPS estimates, and announced a quarterly dividend of $0.91 per share, although its stock price is currently trading below its 50-day and 200-day moving averages, and analysts have adjusted their price targets downwards.