Rogers Co. (NYSE:ROG) Stock Holdings Decreased by GSA Capital Partners LLP

GSA Capital Partners LLP decreased its stake in shares of Rogers Co. (NYSE:ROG) by 4.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,061 shares of the electronics maker’s stock after selling 594 shares during the period. GSA Capital Partners LLP owned about 0.06% of Rogers worth $1,363,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nuance Investments LLC acquired a new position in shares of Rogers in the 2nd quarter worth approximately $45,354,000. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Rogers by 100.4% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 337,700 shares of the electronics maker’s stock worth $40,730,000 after purchasing an additional 169,200 shares during the period. Marshall Wace LLP bought a new stake in Rogers during the second quarter valued at $10,077,000. Dimensional Fund Advisors LP raised its holdings in shares of Rogers by 12.1% during the second quarter. Dimensional Fund Advisors LP now owns 767,827 shares of the electronics maker’s stock worth $92,609,000 after purchasing an additional 82,922 shares during the period. Finally, Millennium Management LLC lifted its position in shares of Rogers by 289.3% in the 2nd quarter. Millennium Management LLC now owns 97,224 shares of the electronics maker’s stock worth $11,726,000 after buying an additional 72,252 shares during the last quarter. 96.02% of the stock is owned by institutional investors.

Rogers Stock Up 0.8 %

Shares of NYSE:ROG opened at $103.61 on Thursday. The company has a market cap of $1.93 billion, a PE ratio of 38.66 and a beta of 0.51. Rogers Co. has a fifty-two week low of $96.10 and a fifty-two week high of $138.85. The firm has a 50-day simple moving average of $104.14 and a 200 day simple moving average of $112.47.

Rogers (NYSE:ROG) last announced its quarterly earnings results on Thursday, October 24th. The electronics maker reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.13. Rogers had a return on equity of 4.19% and a net margin of 5.91%. The business had revenue of $210.30 million for the quarter, compared to analysts’ expectations of $220.20 million. During the same period in the prior year, the firm earned $1.24 EPS. As a group, research analysts forecast that Rogers Co. will post 2.71 EPS for the current fiscal year.

Insider Activity

In related news, SVP Michael Reed Webb sold 416 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $108.82, for a total value of $45,269.12. Following the sale, the senior vice president now owns 4,400 shares of the company’s stock, valued at $478,808. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.35% of the company’s stock.

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.