Rudolph Technologies Inc (RTEC) : Value Holdings Lp scooped up 14,300 additional shares in Rudolph Technologies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 76,855 shares of Rudolph Technologies Inc which is valued at $1,307,304.Rudolph Technologies Inc makes up approximately 0.82% of Value Holdings Lp’s portfolio.
Other Hedge Funds, Including , Springbank Value Partners Lp boosted its stake in RTEC in the latest quarter, The investment management firm added 3,000 additional shares and now holds a total of 29,500 shares of Rudolph Technologies Inc which is valued at $501,795. Rudolph Technologies Inc makes up approx 0.83% of Springbank Value Partners Lp’s portfolio.Clarivest Asset Management boosted its stake in RTEC in the latest quarter, The investment management firm added 23,762 additional shares and now holds a total of 251,903 shares of Rudolph Technologies Inc which is valued at $4,438,531. Rudolph Technologies Inc makes up approx 0.13% of Clarivest Asset Management’s portfolio. American Century Companies Inc added RTEC to its portfolio by purchasing 62,723 company shares during the most recent quarter which is valued at $1,025,521.First Quadrant L Pca reduced its stake in RTEC by selling 21,500 shares or 47.57% in the most recent quarter. The Hedge Fund company now holds 23,700 shares of RTEC which is valued at $378,252. Rudolph Technologies Inc makes up approx 0.01% of First Quadrant L Pca’s portfolio. Trust Co Of Vermont sold out all of its stake in RTEC during the most recent quarter. The investment firm sold 3,727 shares of RTEC which is valued $59,483.
Rudolph Technologies Inc closed down -0.14 points or -0.82% at $16.87 with 2,92,847 shares getting traded on Thursday. Post opening the session at $17, the shares hit an intraday low of $16.81 and an intraday high of $17.06 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Rudolph Technologies Inc reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.24. The company had revenue of $62.70 million for the quarter, compared to analysts expectations of $60.26 million. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.
Many Wall Street Analysts have commented on Rudolph Technologies Inc. Rudolph Technologies Inc was Downgraded by Dougherty & Company to ” Neutral” on Jul 29, 2016. Company shares were Reiterated by Stifel on Jul 27, 2016 to “Buy”, Firm has raised the Price Target to $ 19 from a previous price target of $16 .
Rudolph Technologies Inc. is engaged in the design development manufacture and support of defect inspection advanced packaging lithography thin film metrology 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. The Company provides its technologies in business areas including Inspection Business Lithography Business Metrology Business and Yield Management and Process Control Software. It markets and sells its products to memory data storage flat panel and application-specific integrated circuit (ASIC) device manufacturers.