GAMMA Investing LLC increased its stake in shares of Rogers Corporation (NYSE:ROG – Free Report) by 171.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,006 shares of the electronics maker’s stock after buying an additional 635 shares during the quarter. GAMMA Investing LLC’s holdings in Rogers were worth $69,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the stock. MassMutual Private Wealth & Trust FSB grew its holdings in Rogers by 81.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 444 shares of the electronics maker’s stock worth $30,000 after buying an additional 199 shares in the last quarter. CWM LLC grew its holdings in Rogers by 11.8% during the first quarter. CWM LLC now owns 2,271 shares of the electronics maker’s stock worth $153,000 after buying an additional 240 shares in the last quarter. Bridge City Capital LLC grew its holdings in Rogers by 1.6% during the first quarter. Bridge City Capital LLC now owns 20,208 shares of the electronics maker’s stock worth $1,365,000 after buying an additional 314 shares in the last quarter. Parallel Advisors LLC grew its holdings in Rogers by 106.9% during the second quarter. Parallel Advisors LLC now owns 745 shares of the electronics maker’s stock worth $51,000 after buying an additional 385 shares in the last quarter. Finally, Illinois Municipal Retirement Fund grew its holdings in Rogers by 4.6% during the first quarter. Illinois Municipal Retirement Fund now owns 9,165 shares of the electronics maker’s stock worth $619,000 after buying an additional 407 shares in the last quarter. Institutional investors own 96.02% of the company’s stock.
Rogers Price Performance
Shares of NYSE ROG opened at $83.21 on Friday. Rogers Corporation has a one year low of $51.43 and a one year high of $114.05. The business’s fifty day moving average price is $76.98 and its 200-day moving average price is $69.76. The stock has a market capitalization of $1.51 billion, a PE ratio of -23.57 and a beta of 0.46.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Rogers in a report on Saturday, September 27th. Zacks Research upgraded Rogers from a “strong sell” rating to a “hold” rating in a report on Monday, September 29th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $85.00.
Get Our Latest Stock Report on ROG
About Rogers
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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