Strs Ohio Acquires 2,000 Shares of Rogers Co. (NYSE:ROG)

Strs Ohio lifted its holdings in Rogers Co. (NYSE:ROGGet Rating) by 45.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,400 shares of the electronics maker’s stock after buying an additional 2,000 shares during the quarter. Strs Ohio’s holdings in Rogers were worth $1,548,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Rogers by 0.9% in the first quarter. Vanguard Group Inc. now owns 2,060,836 shares of the electronics maker’s stock valued at $559,930,000 after buying an additional 18,285 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Rogers by 152.3% in the second quarter. JPMorgan Chase & Co. now owns 645,155 shares of the electronics maker’s stock valued at $169,088,000 after buying an additional 389,436 shares during the last quarter. State Street Corp raised its holdings in Rogers by 2.9% during the 1st quarter. State Street Corp now owns 594,665 shares of the electronics maker’s stock worth $161,570,000 after purchasing an additional 16,769 shares during the last quarter. Alpine Associates Management Inc. raised its holdings in Rogers by 14.0% during the 2nd quarter. Alpine Associates Management Inc. now owns 456,181 shares of the electronics maker’s stock worth $119,560,000 after purchasing an additional 56,000 shares during the last quarter. Finally, Spring Creek Capital LLC raised its holdings in Rogers by 27.5% during the 1st quarter. Spring Creek Capital LLC now owns 446,146 shares of the electronics maker’s stock worth $121,218,000 after purchasing an additional 96,146 shares during the last quarter. 95.35% of the stock is owned by institutional investors.

Rogers Price Performance

Rogers stock opened at $124.67 on Thursday. The firm has a market capitalization of $2.35 billion, a P/E ratio of 32.72 and a beta of 0.99. Rogers Co. has a 1 year low of $98.45 and a 1 year high of $274.51. The business has a 50-day moving average of $112.89 and a 200-day moving average of $203.47. The company has a current ratio of 4.62, a quick ratio of 3.36 and a debt-to-equity ratio of 0.27.

Rogers (NYSE:ROGGet Rating) last posted its earnings results on Tuesday, November 8th. The electronics maker reported $1.11 earnings per share (EPS) for the quarter. The company had revenue of $247.23 million during the quarter. Rogers had a return on equity of 9.91% and a net margin of 7.41%.

Insider Transactions at Rogers

In related news, Director Jeffrey J. Owens bought 1,000 shares of the firm’s stock in a transaction dated Tuesday, November 22nd. The stock was bought at an average cost of $100.75 per share, for a total transaction of $100,750.00. Following the transaction, the director now owns 6,850 shares of the company’s stock, valued at $690,137.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

ROG has been the subject of several recent research reports. StockNews.com cut Rogers from a “hold” rating to a “sell” rating in a report on Saturday, November 19th. TheStreet cut Rogers from a “c” rating to a “d+” rating in a report on Friday, November 25th.

Rogers Company Profile

(Get Rating)

Rogers Corporation designs, develops, manufactures, and sells 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, telematics and thermal solutions, aerospace and defense, mass transit, clean energy, connected devices, and wired infrastructure markets.

See Also

Institutional Ownership by Quarter for Rogers (NYSE:ROG)

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