Rudolph Technologies Inc (RTEC) Holdings Lifted by Dalton Greiner Hartman Maher & Co.
Dalton Greiner Hartman Maher & Co. raised its holdings in Rudolph Technologies Inc (NYSE:RTEC) by 37.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 108,555 shares of the scientific and technical instruments company’s stock after acquiring an additional 29,454 shares during the period. Dalton Greiner Hartman Maher & Co.’s holdings in Rudolph Technologies were worth $2,594,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the business. Thomson Horstmann & Bryant Inc. boosted its stake in shares of Rudolph Technologies by 103.5% during the fourth quarter. Thomson Horstmann & Bryant Inc. now owns 327,100 shares of the scientific and technical instruments company’s stock valued at $7,817,000 after purchasing an additional 166,337 shares in the last quarter. Kalos Management Inc. acquired a new stake in shares of Rudolph Technologies during the third quarter valued at about $330,000. Granahan Investment Management Inc. MA boosted its stake in shares of Rudolph Technologies by 4.3% during the third quarter. Granahan Investment Management Inc. MA now owns 294,878 shares of the scientific and technical instruments company’s stock valued at $7,755,000 after purchasing an additional 12,154 shares in the last quarter. Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of Rudolph Technologies during the third quarter valued at about $139,000. Finally, Allianz Asset Management GmbH boosted its stake in shares of Rudolph Technologies by 29.5% during the third quarter. Allianz Asset Management GmbH now owns 403,284 shares of the scientific and technical instruments company’s stock valued at $10,606,000 after purchasing an additional 91,751 shares in the last quarter. Hedge funds and other institutional investors own 92.52% of the company’s stock.
In other Rudolph Technologies news, VP Robert Alan Koch sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $26.31, for a total value of $92,085.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Daniel H. Berry sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $26.13, for a total value of $156,780.00. Following the completion of the transaction, the director now directly owns 24,200 shares in the company, valued at $632,346. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 19,500 shares of company stock worth $511,765. 2.00% of the stock is owned by insiders.
Rudolph Technologies (NYSE:RTEC) last posted its quarterly earnings data on Monday, October 30th. The scientific and technical instruments company reported $0.33 EPS for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.02. The company had revenue of $66.90 million for the quarter, compared to analyst estimates of $66.25 million. Rudolph Technologies had a return on equity of 10.49% and a net margin of 15.99%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.29 earnings per share. equities research analysts predict that Rudolph Technologies Inc will post 1.04 EPS for the current fiscal year.
A number of brokerages have recently commented on RTEC. B. Riley reissued a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a research note on Thursday, September 21st. Zacks Investment Research raised Rudolph Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. DA Davidson reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Rudolph Technologies in a research note on Monday, September 18th. BidaskClub raised Rudolph Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, September 21st. Finally, Credit Suisse Group lifted their price objective on Rudolph Technologies from $23.00 to $24.00 and gave the stock an “underperform” rating in a research note on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $28.00.
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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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