Eagle Asset Management Inc. Increases Stake in Rudolph Technologies Inc (NYSE:RTEC)

Eagle Asset Management Inc. lifted its stake in shares of Rudolph Technologies Inc (NYSE:RTEC) by 2.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 276,015 shares of the scientific and technical instruments company’s stock after buying an additional 5,458 shares during the quarter. Eagle Asset Management Inc.’s holdings in Rudolph Technologies were worth $7,275,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. increased its position in shares of 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 buying an additional 608,376 shares during the period. ARP Americas LP increased its position in shares of Rudolph Technologies by 195.4% during the third quarter. ARP Americas LP now owns 629,705 shares of the scientific and technical instruments company’s stock valued at $16,599,000 after buying an additional 416,531 shares during the period. Bank of New York Mellon Corp increased its position in shares of Rudolph Technologies by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 410,473 shares of the scientific and technical instruments company’s stock valued at $11,341,000 after buying an additional 11,111 shares during the period. Investment Counselors of Maryland LLC increased its position in shares of Rudolph Technologies by 72.0% during 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 buying an additional 169,682 shares during the period. Finally, THB Asset Management increased its position in shares of Rudolph Technologies by 4.4% during the second quarter. THB Asset Management now owns 393,697 shares of the scientific and technical instruments company’s stock valued at $10,877,000 after buying an additional 16,619 shares during the period. Institutional investors own 95.62% of the company’s stock.

Several equities analysts recently issued reports on RTEC shares. ValuEngine cut shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. TheStreet cut shares of Rudolph Technologies from a “b-” rating to a “c+” rating in a report on Friday, September 6th. Dougherty & Co cut shares of Rudolph Technologies from a “buy” rating to a “neutral” rating in a report on Wednesday, July 31st. Finally, Zacks Investment Research upgraded shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, October 1st.

Shares of RTEC opened at $28.50 on Tuesday. The stock 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 company has a debt-to-equity ratio of 0.03, a quick ratio of 5.70 and a current ratio of 8.07. Rudolph Technologies Inc has a fifty-two week low of $18.13 and a fifty-two week high of $29.57. The firm’s 50-day simple moving average is $27.30 and its two-hundred day simple moving average is $25.48.

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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