Rudolph Technologies, Inc. (NYSE:RTEC) Stake Boosted by Westwood Management Corp IL

Westwood Management Corp IL increased its position in Rudolph Technologies, Inc. (NYSE:RTEC) by 100.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,000 shares of the scientific and technical instruments company’s stock after buying an additional 10,000 shares during the period. Westwood Management Corp IL owned about 0.06% of Rudolph Technologies worth $457,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in RTEC. State of Alaska Department of Revenue raised its position in shares of Rudolph Technologies by 80.0% in the second quarter. State of Alaska Department of Revenue now owns 6,210 shares of the scientific and technical instruments company’s stock worth $141,000 after buying an additional 2,760 shares during the period. Mason Street Advisors LLC raised its position in shares of Rudolph Technologies by 7.8% in the first quarter. Mason Street Advisors LLC now owns 7,305 shares of the scientific and technical instruments company’s stock worth $164,000 after buying an additional 527 shares during the period. Victory Capital Management Inc. raised its position in shares of Rudolph Technologies by 45.6% in the first quarter. Victory Capital Management Inc. now owns 7,979 shares of the scientific and technical instruments company’s stock worth $179,000 after buying an additional 2,499 shares during the period. Campbell & CO Investment Adviser LLC bought a new position in shares of Rudolph Technologies during the first quarter worth about $207,000. Finally, SG Americas Securities LLC raised its position in shares of Rudolph Technologies by 40.7% in the first quarter. SG Americas Securities LLC now owns 10,032 shares of the scientific and technical instruments company’s stock worth $225,000 after buying an additional 2,900 shares during the period. 91.96% of the stock is currently owned by institutional investors and hedge funds.

Rudolph Technologies, Inc. (NYSE:RTEC) traded up 0.70% during midday trading on Friday, reaching $21.50. 981,750 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $23.58 and a 200 day moving average price of $23.21. Rudolph Technologies, Inc. has a 12 month low of $16.80 and a 12 month high of $27.30. The company has a market cap of $678.11 million, a P/E ratio of 21.70 and a beta of 1.08.

Rudolph Technologies (NYSE:RTEC) last issued its quarterly earnings results on Wednesday, August 2nd. The scientific and technical instruments company reported $0.30 EPS for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.02. Rudolph Technologies had a return on equity of 10.36% and a net margin of 13.02%. The company had revenue of $67.40 million for the quarter, compared to analysts’ expectations of $65.60 million. During the same quarter last year, the business earned $0.31 earnings per share. Rudolph Technologies’s revenue was up 7.5% on a year-over-year basis. On average, equities analysts anticipate that Rudolph Technologies, Inc. will post $1.17 EPS for the current year.

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A number of equities analysts recently issued reports on RTEC shares. B. Riley reaffirmed a “buy” rating and set a $30.00 target price on shares of Rudolph Technologies in a research report on Tuesday, August 8th. Stifel Nicolaus upgraded shares of Rudolph Technologies from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a research note on Friday, June 16th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Rudolph Technologies from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Saturday, May 6th. BidaskClub upgraded shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Credit Suisse Group downgraded shares of Rudolph Technologies from a “neutral” rating to an “underperform” rating and set a $23.00 price target on the stock. in a research note on Tuesday, May 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. Rudolph Technologies has an average rating of “Hold” and an average target price of $27.20.

About Rudolph Technologies

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.

Institutional Ownership by Quarter for Rudolph Technologies (NYSE:RTEC)

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