Rogers Co. (NYSE:ROG) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP decreased its position in shares of Rogers Co. (NYSE:ROG) by 4.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 12,061 shares of the electronics maker’s stock after selling 594 shares during the quarter. GSA Capital Partners LLP’s holdings in Rogers were worth $1,363,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ROG. Nisa Investment Advisors LLC lifted its position in shares of Rogers by 1.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 7,865 shares of the electronics maker’s stock valued at $949,000 after acquiring an additional 94 shares during the last quarter. Arizona State Retirement System lifted its holdings in shares of Rogers by 2.1% during the second quarter. Arizona State Retirement System now owns 4,700 shares of the electronics maker’s stock valued at $567,000 after purchasing an additional 95 shares during the last quarter. Louisiana State Employees Retirement System lifted its holdings in shares of Rogers by 1.2% during the second quarter. Louisiana State Employees Retirement System now owns 8,400 shares of the electronics maker’s stock valued at $1,013,000 after purchasing an additional 100 shares during the last quarter. Wrapmanager Inc. increased its stake in Rogers by 5.6% in the 2nd quarter. Wrapmanager Inc. now owns 2,732 shares of the electronics maker’s stock worth $330,000 after purchasing an additional 145 shares in the last quarter. Finally, Diversified Trust Co raised its holdings in Rogers by 5.9% during the 3rd quarter. Diversified Trust Co now owns 2,842 shares of the electronics maker’s stock worth $321,000 after buying an additional 158 shares during the period. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Rogers

In related news, SVP Michael Reed Webb sold 416 shares of the company’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $108.82, for a total transaction of $45,269.12. Following the transaction, the senior vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $478,808. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.35% of the stock is currently owned by insiders.

Rogers Trading Up 0.8 %

ROG stock opened at $103.61 on Thursday. Rogers Co. has a one year low of $96.10 and a one year high of $138.85. The firm has a 50-day moving average of $104.14 and a two-hundred day moving average of $112.47. The firm has a market capitalization of $1.93 billion, a PE ratio of 38.66 and a beta of 0.51.

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

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.