Allianz Asset Management GmbH increased its position in Rudolph Technologies, Inc. (NYSE:RTEC) by 29.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 403,284 shares of the scientific and technical instruments company’s stock after buying an additional 91,751 shares during the quarter. Allianz Asset Management GmbH owned 1.28% of Rudolph Technologies worth $10,606,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the company. Alps Advisors Inc. grew its position in shares of Rudolph Technologies by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 22,118 shares of the scientific and technical instruments company’s stock worth $505,000 after buying an additional 57 shares during the period. Arizona State Retirement System lifted its holdings in shares of Rudolph Technologies by 0.6% in the 2nd quarter. Arizona State Retirement System now owns 16,424 shares of the scientific and technical instruments company’s stock worth $375,000 after purchasing an additional 100 shares in the last quarter. Texas Permanent School Fund lifted its holdings in shares of Rudolph Technologies by 1.5% in the 2nd quarter. Texas Permanent School Fund now owns 22,955 shares of the scientific and technical instruments company’s stock worth $525,000 after purchasing an additional 338 shares in the last quarter. Aperio Group LLC lifted its holdings in shares of Rudolph Technologies by 3.7% in the 2nd quarter. Aperio Group LLC now owns 16,001 shares of the scientific and technical instruments company’s stock worth $366,000 after purchasing an additional 565 shares in the last quarter. Finally, Virginia Retirement Systems ET AL lifted its holdings in shares of Rudolph Technologies by 4.5% in the 2nd quarter. Virginia Retirement Systems ET AL now owns 18,500 shares of the scientific and technical instruments company’s stock worth $423,000 after purchasing an additional 800 shares in the last quarter. 92.58% of the stock is owned by institutional investors.

In other Rudolph Technologies news, VP Robert Alan Koch sold 3,500 shares of the company’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $26.31, for a total transaction of $92,085.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Silveira Elvino M. Da sold 10,000 shares of the company’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $26.29, for a total transaction of $262,900.00. The disclosure for this sale can be found here. Insiders have sold 19,500 shares of company stock worth $511,765 over the last ninety days. Insiders own 2.00% of the company’s stock.

A number of equities analysts recently issued reports on RTEC shares. B. Riley started coverage on Rudolph Technologies in a report on Monday, September 11th. They issued a “buy” rating and a $30.00 target price on the stock. DA Davidson reiterated a “buy” rating and issued a $30.00 target price on shares of Rudolph Technologies in a report on Monday, September 18th. BidaskClub upgraded Rudolph Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, September 21st. Zacks Investment Research cut Rudolph Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. Finally, Credit Suisse Group raised their price objective on Rudolph Technologies from $23.00 to $24.00 and gave the company an “underperform” rating in a research note on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $28.00.

Shares of Rudolph Technologies, Inc. (NYSE:RTEC) opened at $24.15 on Friday. Rudolph Technologies, Inc. has a 52 week low of $21.00 and a 52 week high of $28.10. The company has a market capitalization of $747.03, a price-to-earnings ratio of 23.65, a PEG ratio of 1.68 and a beta of 1.03.

Rudolph Technologies (NYSE:RTEC) last posted its quarterly earnings results on Monday, October 30th. The scientific and technical instruments company reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.02. Rudolph Technologies had a net margin of 15.99% and a return on equity of 10.49%. The firm had revenue of $66.90 million for the quarter, compared to analyst estimates of $66.25 million. During the same period in the prior year, the firm posted $0.29 earnings per share. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. equities analysts expect that Rudolph Technologies, Inc. will post 1.04 EPS for the current year.

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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.

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

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