11,914 Shares in Rogers Co. (NYSE:ROG) Purchased by Roubaix Capital LLC

Roubaix Capital LLC purchased a new position in Rogers Co. (NYSE:ROG) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 11,914 shares of the electronics maker’s stock, valued at approximately $1,346,000. Roubaix Capital LLC owned 0.06% of Rogers at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ROG. Pinnacle Associates Ltd. increased its stake in shares of Rogers by 1.4% in the third quarter. Pinnacle Associates Ltd. now owns 120,734 shares of the electronics maker’s stock worth $13,644,000 after acquiring an additional 1,704 shares during the period. Hedges Asset Management LLC grew its position in Rogers by 23.8% during the 3rd quarter. Hedges Asset Management LLC now owns 2,600 shares of the electronics maker’s stock worth $294,000 after purchasing an additional 500 shares during the period. Creative Planning raised its stake in shares of Rogers by 26.1% during the 3rd quarter. Creative Planning now owns 5,531 shares of the electronics maker’s stock valued at $625,000 after buying an additional 1,144 shares during the last quarter. Procyon Advisors LLC lifted its holdings in shares of Rogers by 22.5% in the 3rd quarter. Procyon Advisors LLC now owns 2,777 shares of the electronics maker’s stock valued at $314,000 after buying an additional 510 shares during the period. Finally, Inspire Investing LLC boosted its stake in shares of Rogers by 25.6% in the third quarter. Inspire Investing LLC now owns 4,095 shares of the electronics maker’s stock worth $463,000 after buying an additional 834 shares during the last quarter. 96.02% of the stock is owned by hedge funds and other institutional investors.

Rogers Trading Up 0.8 %

Shares of ROG stock opened at $104.38 on Thursday. Rogers Co. has a twelve month low of $96.10 and a twelve month high of $138.85. The stock has a 50 day moving average of $104.36 and a 200 day moving average of $112.83. The stock has a market cap of $1.94 billion, a P/E ratio of 38.95 and a beta of 0.50.

Rogers (NYSE:ROG) last posted its earnings results on Thursday, October 24th. The electronics maker reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.13. The firm had revenue of $210.30 million during the quarter, compared to analysts’ expectations of $220.20 million. Rogers had a net margin of 5.91% and a return on equity of 4.19%. During the same period in the previous year, the business posted $1.24 EPS. On average, research analysts predict that Rogers Co. will post 2.71 earnings per share for the current fiscal year.

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.