Natural Investments LLC Purchases Shares of 7,614 Rogers Co. (NYSE:ROG)

Natural Investments LLC purchased a new stake in shares of Rogers Co. (NYSE:ROG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 7,614 shares of the electronics maker’s stock, valued at approximately $773,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ROG. KBC Group NV boosted its holdings in shares of Rogers by 54.5% in the 3rd quarter. KBC Group NV now owns 669 shares of the electronics maker’s stock worth $76,000 after purchasing an additional 236 shares during the period. Vestmark Advisory Solutions Inc. purchased a new position in shares of Rogers in the 4th quarter worth approximately $222,000. FMR LLC boosted its holdings in shares of Rogers by 83.1% in the 3rd quarter. FMR LLC now owns 2,309 shares of the electronics maker’s stock worth $261,000 after purchasing an additional 1,048 shares during the period. SG Americas Securities LLC purchased a new position in shares of Rogers in the 4th quarter worth approximately $286,000. Finally, Procyon Advisors LLC boosted its holdings in shares of Rogers by 11.9% in the 4th quarter. Procyon Advisors LLC now owns 3,108 shares of the electronics maker’s stock worth $316,000 after purchasing an additional 331 shares during the period. Hedge funds and other institutional investors own 96.02% of the company’s stock.

Rogers Stock Performance

Shares of Rogers stock opened at $75.99 on Wednesday. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 53.89 and a beta of 0.56. The stock has a 50 day moving average price of $90.44 and a 200-day moving average price of $99.45. Rogers Co. has a one year low of $71.86 and a one year high of $134.07.

Rogers (NYSE:ROG) last posted its quarterly earnings data on Wednesday, February 19th. The electronics maker reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. Rogers had a return on equity of 3.98% and a net margin of 3.14%. The company had revenue of $192.20 million during the quarter, compared to analysts’ expectations of $191.75 million. During the same quarter in the previous year, the business earned $0.60 EPS. Sell-side analysts predict that Rogers Co. will post 3.57 earnings per share for the current fiscal year.

Rogers Profile

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.