MassMutual Private Wealth & Trust FSB lifted its position in shares of Rogers Corporation (NYSE:ROG – Free Report) by 81.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 444 shares of the electronics maker’s stock after purchasing an additional 199 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Rogers were worth $30,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Clearline Capital LP acquired a new stake in Rogers in the 1st quarter valued at $11,771,000. Invenomic Capital Management LP acquired a new stake in Rogers in the 1st quarter valued at $7,243,000. Gamco Investors INC. ET AL grew its stake in Rogers by 63.7% in the 1st quarter. Gamco Investors INC. ET AL now owns 190,150 shares of the electronics maker’s stock valued at $12,841,000 after acquiring an additional 74,025 shares during the period. Jacobs Levy Equity Management Inc. acquired a new stake in Rogers in the 1st quarter valued at $4,656,000. Finally, Jane Street Group LLC acquired a new stake in Rogers in the 1st quarter valued at $4,345,000. Institutional investors and hedge funds own 96.02% of the company’s stock.
Rogers Stock Performance
Rogers stock opened at $81.71 on Monday. The company’s fifty day moving average price is $74.07 and its 200 day moving average price is $69.35. Rogers Corporation has a 1 year low of $51.43 and a 1 year high of $114.05. The stock has a market capitalization of $1.48 billion, a P/E ratio of -23.15 and a beta of 0.50.
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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