Great West Life Assurance Co. Can Purchases 3,351 Shares of Rogers Co. (NYSE:ROG)

Great West Life Assurance Co. Can boosted its position in shares of Rogers Co. (NYSE:ROG – Get Rating) by 18.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,722 shares of the electronics maker’s stock after acquiring an additional 3,351 shares during the quarter. Great West Life Assurance Co. Can owned 0.12% of Rogers worth $5,264,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ROG. JPMorgan Chase & Co. raised its position in Rogers by 152.3% during the second quarter. JPMorgan Chase & Co. now owns 645,155 shares of the electronics maker’s stock worth $169,088,000 after acquiring an additional 389,436 shares in the last quarter. Bank of Montreal Can raised its position in shares of Rogers by 2,428.3% in the second quarter. Bank of Montreal Can now owns 237,127 shares of the electronics maker’s stock valued at $61,838,000 after purchasing an additional 227,748 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Rogers by 110.9% in the first quarter. Goldman Sachs Group Inc. now owns 310,564 shares of the electronics maker’s stock valued at $84,380,000 after purchasing an additional 163,307 shares during the period. Grantham Mayo Van Otterloo & Co. LLC bought a new position in shares of Rogers in the second quarter valued at about $38,191,000. Finally, Pentwater Capital Management LP raised its position in shares of Rogers by 146.4% in the second quarter. Pentwater Capital Management LP now owns 209,422 shares of the electronics maker’s stock valued at $54,887,000 after purchasing an additional 124,422 shares during the period. 95.35% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ROG shares. StockNews.com lowered shares of Rogers from a “hold” rating to a “sell” rating in a research report on Saturday, November 19th. TheStreet lowered shares of Rogers from a “c” rating to a “d+” rating in a research report on Friday, November 25th.

Insider Activity at Rogers

In other news, Director Jeffrey J. Owens acquired 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were acquired at an average cost of $100.75 per share, with a total value of $100,750.00. Following the completion of the purchase, the director now directly owns 6,850 shares of the company’s stock, valued at approximately $690,137.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.90% of the stock is currently owned by insiders.

Rogers Stock Up 2.3 %

Shares of ROG opened at $132.98 on Friday. Rogers Co. has a 12 month low of $98.45 and a 12 month high of $274.51. The firm’s 50 day moving average is $116.32 and its 200-day moving average is $197.07. The stock has a market capitalization of $2.50 billion, a PE ratio of 34.90 and a beta of 0.99. 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:ROG – Get Rating) last announced its earnings results on Tuesday, November 8th. The electronics maker reported $1.11 EPS for the quarter. Rogers had a net margin of 7.41% and a return on equity of 9.91%. The company had revenue of $247.23 million for the quarter.

Rogers Profile

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Rogers Corp. engages in the design, development, manufacture, and sale of engineered materials and components for mission critical applications. It operates through the following segments: Advanced Electronics Solutions (AES) and Elastomeric Material Solutions (EMS), and Other. The AES segment offers manufactures and sells circuit materials, ceramic substrate materials, busbars and cooling solutions for applications in electric and hybrid electric vehicles, wireless infrastructure, automotive, telematics and thermal solutions, aerospace and defense, mass transit, clean energy, connected devices and wired infrastructures.