Central Pacific Bank Trust Division Purchases New Position in Rogers Co. (NYSE:ROG)

Central Pacific Bank Trust Division purchased a new stake in Rogers Co. (NYSE:ROGFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 800 shares of the electronics maker’s stock, valued at approximately $95,000.

Several other institutional investors have also bought and sold shares of the stock. US Bancorp DE boosted its stake in Rogers by 1.3% in the fourth quarter. US Bancorp DE now owns 7,307 shares of the electronics maker’s stock worth $965,000 after purchasing an additional 94 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in shares of Rogers by 8.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 1,626 shares of the electronics maker’s stock valued at $214,000 after acquiring an additional 132 shares during the period. Bridge City Capital LLC lifted its stake in shares of Rogers by 0.8% during the first quarter. Bridge City Capital LLC now owns 17,271 shares of the electronics maker’s stock valued at $2,050,000 after acquiring an additional 136 shares during the period. Diversified Trust Co lifted its stake in shares of Rogers by 7.7% during the fourth quarter. Diversified Trust Co now owns 2,431 shares of the electronics maker’s stock valued at $321,000 after acquiring an additional 174 shares during the period. Finally, Capstone Investment Advisors LLC lifted its stake in shares of Rogers by 8.0% during the first quarter. Capstone Investment Advisors LLC now owns 2,984 shares of the electronics maker’s stock valued at $354,000 after acquiring an additional 220 shares during the period. Institutional investors and hedge funds own 96.02% of the company’s stock.

Rogers Stock Up 1.4 %

Shares of ROG opened at $119.50 on Thursday. Rogers Co. has a 12-month low of $105.48 and a 12-month high of $173.16. The firm has a market capitalization of $2.23 billion, a PE ratio of 32.83 and a beta of 0.53. The stock’s fifty day simple moving average is $119.23 and its 200-day simple moving average is $118.01.

Rogers (NYSE:ROGGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The electronics maker reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.03. Rogers had a return on equity of 5.30% and a net margin of 7.73%. The business had revenue of $213.40 million for the quarter, compared to analyst estimates of $210.00 million. Analysts anticipate that Rogers Co. will post 3.07 EPS for the current year.

About Rogers

(Free Report)

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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Institutional Ownership by Quarter for Rogers (NYSE:ROG)

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