Menta Capital LLC Acquires Shares of 19,103 Rudolph Technologies Inc (RTEC)

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Menta Capital LLC acquired a new position in Rudolph Technologies Inc (NYSE:RTEC) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 19,103 shares of the scientific and technical instruments company’s stock, valued at approximately $391,000.

Several other large investors have also recently made changes to their positions in RTEC. AlphaOne Investment Services LLC purchased a new position in shares of Rudolph Technologies in the fourth quarter worth about $34,000. First Mercantile Trust Co. purchased a new position in shares of Rudolph Technologies in the fourth quarter worth about $50,000. Quantamental Technologies LLC purchased a new position in shares of Rudolph Technologies in the fourth quarter worth about $83,000. Tibra Equities Europe Ltd purchased a new position in shares of Rudolph Technologies in the fourth quarter worth about $215,000. Finally, Oregon Public Employees Retirement Fund purchased a new position in shares of Rudolph Technologies in the fourth quarter worth about $248,000. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Several research firms recently commented on RTEC. Zacks Investment Research lowered Rudolph Technologies from a “hold” rating to a “strong sell” rating in a report on Saturday, February 9th. ValuEngine raised Rudolph Technologies from a “sell” rating to a “hold” rating in a report on Saturday, February 2nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $32.75.

Rudolph Technologies stock opened at $22.69 on Monday. The stock has a market cap of $701.28 million, a P/E ratio of 15.98, a P/E/G ratio of 1.98 and a beta of 0.92. Rudolph Technologies Inc has a 52 week low of $18.13 and a 52 week high of $34.55.

Rudolph Technologies (NYSE:RTEC) last posted its earnings results on Monday, February 4th. The scientific and technical instruments company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.24 by $0.02. The firm had revenue of $62.78 million for the quarter, compared to analyst estimates of $64.40 million. Rudolph Technologies had a return on equity of 12.70% and a net margin of 16.47%. Rudolph Technologies’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the company earned $0.29 earnings per share. Analysts predict that Rudolph Technologies Inc will post 1.12 EPS for the current year.

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Rudolph Technologies Company Profile

Rudolph Technologies, Inc designs, develops, manufactures, and supports process control defect inspection and metrology, advanced packaging lithography, and process control software systems used by microelectronic device manufacturers. It offers process and yield management solutions used in bare silicon wafer production and processing facilities, and device packaging and test facilities through standalone systems for macro-defect inspection, packaging 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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