Macquarie Group Ltd. Sells 13,934 Shares of Rudolph Technologies Inc (RTEC)

Macquarie Group Ltd. lowered its position in shares of Rudolph Technologies Inc (NYSE:RTEC) by 63.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,059 shares of the scientific and technical instruments company’s stock after selling 13,934 shares during the quarter. Macquarie Group Ltd.’s holdings in Rudolph Technologies were worth $193,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC grew its stake in shares of Rudolph Technologies by 37.4% during the third quarter. SG Americas Securities LLC now owns 10,459 shares of the scientific and technical instruments company’s stock worth $275,000 after purchasing an additional 2,848 shares during the period. LS Investment Advisors LLC grew its stake in shares of Rudolph Technologies by 68.4% during the fourth quarter. LS Investment Advisors LLC now owns 8,596 shares of the scientific and technical instruments company’s stock worth $205,000 after purchasing an additional 3,492 shares during the period. Two Sigma Advisers LP grew its stake in shares of Rudolph Technologies by 1.4% during the fourth quarter. Two Sigma Advisers LP now owns 258,850 shares of the scientific and technical instruments company’s stock worth $6,187,000 after purchasing an additional 3,538 shares during the period. Nationwide Fund Advisors grew its stake in shares of Rudolph Technologies by 3.4% during the third quarter. Nationwide Fund Advisors now owns 124,897 shares of the scientific and technical instruments company’s stock worth $3,285,000 after purchasing an additional 4,125 shares during the period. Finally, Swiss National Bank grew its stake in shares of Rudolph Technologies by 10.1% during the fourth quarter. Swiss National Bank now owns 53,200 shares of the scientific and technical instruments company’s stock worth $1,271,000 after purchasing an additional 4,900 shares during the period. Institutional investors own 91.25% of the company’s stock.

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In other Rudolph Technologies news, insider Steven R. Roth sold 18,000 shares of the business’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $26.01, for a total value of $468,180.00. Following the completion of the transaction, the insider now directly owns 74,073 shares of the company’s stock, valued at $1,926,638.73. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Steven D. Gardner sold 6,000 shares of the business’s stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $25.21, for a total value of $151,260.00. Following the completion of the transaction, the vice president now directly owns 37,102 shares of the company’s stock, valued at $935,341.42. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by insiders.

NYSE:RTEC opened at $29.00 on Tuesday. Rudolph Technologies Inc has a 1 year low of $21.00 and a 1 year high of $30.85. The stock has a market capitalization of $907.15, a price-to-earnings ratio of 27.88, a price-to-earnings-growth ratio of 1.95 and a beta of 1.01.

Rudolph Technologies (NYSE:RTEC) last posted its earnings results on Thursday, February 1st. The scientific and technical instruments company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.04. Rudolph Technologies had a return on equity of 11.08% and a net margin of 12.90%. The firm had revenue of $60.08 million during the quarter, compared to analysts’ expectations of $60.79 million. During the same period in the previous year, the firm earned $0.21 earnings per share. The company’s revenue was up 11.1% on a year-over-year basis. equities research analysts predict that Rudolph Technologies Inc will post 1.47 EPS for the current year.

A number of equities research analysts recently commented on RTEC shares. Zacks Investment Research raised Rudolph Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, January 20th. Sidoti started coverage on Rudolph Technologies in a research note on Friday, March 16th. They set a “neutral” rating for the company. DA Davidson reaffirmed a “buy” rating and set a $33.00 price objective on shares of Rudolph Technologies in a research note on Wednesday, January 17th. B. Riley lifted their price objective on Rudolph Technologies from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Finally, Stifel Nicolaus lifted their price objective on Rudolph Technologies from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $29.67.

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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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