Rhumbline Advisers lifted its holdings in shares of Rudolph Technologies Inc (NYSE:RTEC) by 5.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 104,927 shares of the scientific and technical instruments company’s stock after acquiring an additional 5,644 shares during the period. Rhumbline Advisers owned approximately 0.34% of Rudolph Technologies worth $2,766,000 as of its most recent filing with the SEC.
Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. grew its holdings in Rudolph Technologies by 13.2% during the second quarter. BlackRock Inc. now owns 5,230,336 shares of the scientific and technical instruments company’s stock valued at $144,513,000 after purchasing an additional 608,376 shares during the period. Fort Washington Investment Advisors Inc. OH bought a new stake in Rudolph Technologies during the second quarter worth $10,573,000. ARP Americas LP bought a new stake in Rudolph Technologies during the second quarter worth $5,890,000. Invesco Ltd. raised its position in Rudolph Technologies by 131.2% during the second quarter. Invesco Ltd. now owns 327,016 shares of the scientific and technical instruments company’s stock worth $9,035,000 after acquiring an additional 185,565 shares in the last quarter. Finally, Investment Counselors of Maryland LLC increased its holdings in shares of Rudolph Technologies by 72.0% in the second quarter. Investment Counselors of Maryland LLC now owns 405,430 shares of the scientific and technical instruments company’s stock valued at $11,202,000 after purchasing an additional 169,682 shares during the last quarter. 95.62% of the stock is owned by institutional investors.
Shares of NYSE:RTEC remained flat at $$28.50 on Tuesday. 1,608,830 shares of the company’s stock traded hands, compared to its average volume of 243,990. Rudolph Technologies Inc has a 12-month low of $18.13 and a 12-month high of $29.57. The company has a market cap of $886.92 million, a PE ratio of 20.07, a price-to-earnings-growth ratio of 2.71 and a beta of 1.06. The stock’s fifty day moving average is $27.30 and its 200 day moving average is $25.48. The company has a current ratio of 8.07, a quick ratio of 5.70 and a debt-to-equity ratio of 0.03.
Several equities analysts have commented on RTEC shares. Zacks Investment Research upgraded shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, October 1st. TheStreet downgraded shares of Rudolph Technologies from a “b-” rating to a “c+” rating in a report on Friday, September 6th. ValuEngine downgraded shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, Dougherty & Co downgraded shares of Rudolph Technologies from a “buy” rating to a “neutral” rating in a report on Wednesday, July 31st.
About Rudolph Technologies
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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