OxFORD Asset Management LLP increased its stake in shares of Rudolph Technologies, Inc. (NYSE:RTEC) by 53.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 152,473 shares of the scientific and technical instruments company’s stock after acquiring an additional 53,390 shares during the quarter. OxFORD Asset Management LLP owned about 0.48% of Rudolph Technologies worth $3,484,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Renaissance Technologies LLC lifted its position in Rudolph Technologies by 109.1% during the first quarter. Renaissance Technologies LLC now owns 611,736 shares of the scientific and technical instruments company’s stock valued at $13,703,000 after purchasing an additional 319,136 shares during the last quarter. Marshall Wace North America L.P. lifted its position in Rudolph Technologies by 405.7% during the second quarter. Marshall Wace North America L.P. now owns 376,190 shares of the scientific and technical instruments company’s stock valued at $8,652,000 after purchasing an additional 301,807 shares during the last quarter. AQR Capital Management LLC lifted its position in Rudolph Technologies by 112.5% during the first quarter. AQR Capital Management LLC now owns 567,047 shares of the scientific and technical instruments company’s stock valued at $12,702,000 after purchasing an additional 300,169 shares during the last quarter. Russell Investments Group Ltd. lifted its position in Rudolph Technologies by 436.1% during the second quarter. Russell Investments Group Ltd. now owns 333,406 shares of the scientific and technical instruments company’s stock valued at $7,619,000 after purchasing an additional 271,217 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Rudolph Technologies by 79.4% during the second quarter. Ameriprise Financial Inc. now owns 429,172 shares of the scientific and technical instruments company’s stock valued at $9,807,000 after purchasing an additional 189,967 shares during the last quarter. Hedge funds and other institutional investors own 91.89% of the company’s stock.

Rudolph Technologies, Inc. (RTEC) opened at 26.30 on Friday. The firm’s 50-day moving average is $22.35 and its 200 day moving average is $23.27. Rudolph Technologies, Inc. has a 52-week low of $16.80 and a 52-week high of $27.30. The company has a market cap of $829.50 million, a price-to-earnings ratio of 26.54 and a beta of 1.12.

Rudolph Technologies (NYSE:RTEC) last announced its quarterly earnings results on Wednesday, August 2nd. The scientific and technical instruments company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.02. The firm had revenue of $67.40 million for the quarter, compared to analysts’ expectations of $65.60 million. Rudolph Technologies had a net margin of 13.02% and a return on equity of 10.36%. The company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS. On average, equities research analysts predict that Rudolph Technologies, Inc. will post $1.17 EPS for the current fiscal year.

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Several equities analysts have commented on the stock. BidaskClub upgraded shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. B. Riley reiterated a “buy” rating and set a $30.00 price objective on shares of Rudolph Technologies in a research report on Thursday, September 21st. DA Davidson reiterated a “buy” rating and set a $30.00 price objective on shares of Rudolph Technologies in a research report on Monday, September 18th. Stifel Nicolaus upgraded shares of Rudolph Technologies from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research report on Friday, June 16th. They noted that the move was a valuation call. Finally, Zacks Investment Research lowered shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $27.67.

Rudolph Technologies Profile

Rudolph Technologies, Inc (Rudolph) is engaged in the design, development, manufacture and support of process control defect inspection and metrology, advanced packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. The Company provides process and yield management solutions used in both wafer processing and final manufacturing through a family of standalone systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements.

Institutional Ownership by Quarter for Rudolph Technologies (NYSE:RTEC)

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