New York State Common Retirement Fund trimmed its position in shares of Rogers Co. (NYSE:ROG – Free Report) by 5.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 22,448 shares of the electronics maker’s stock after selling 1,320 shares during the period. New York State Common Retirement Fund’s holdings in Rogers were worth $2,965,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the business. Walleye Capital LLC lifted its stake in shares of Rogers by 2,125.9% in the third quarter. Walleye Capital LLC now owns 31,986 shares of the electronics maker’s stock valued at $4,205,000 after buying an additional 30,549 shares in the last quarter. Pinnacle Associates Ltd. lifted its position in Rogers by 45.0% in the 4th quarter. Pinnacle Associates Ltd. now owns 120,734 shares of the electronics maker’s stock valued at $15,945,000 after acquiring an additional 37,456 shares in the last quarter. Inspire Investing LLC boosted its stake in Rogers by 18.7% during the 3rd quarter. Inspire Investing LLC now owns 2,608 shares of the electronics maker’s stock valued at $343,000 after purchasing an additional 411 shares during the last quarter. Trexquant Investment LP bought a new stake in Rogers during the 3rd quarter worth approximately $2,790,000. Finally, Schroder Investment Management Group purchased a new stake in shares of Rogers in the third quarter worth approximately $19,085,000. Institutional investors and hedge funds own 96.02% of the company’s stock.
Rogers Stock Up 0.6 %
ROG stock opened at $119.01 on Tuesday. The firm has a market capitalization of $2.22 billion, a PE ratio of 32.70 and a beta of 0.67. Rogers Co. has a twelve month low of $105.48 and a twelve month high of $173.16. The stock’s 50 day moving average is $114.98 and its 200-day moving average is $120.73.
Rogers Company 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.
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