State of New Jersey Common Pension Fund D raised its stake in Rogers Co. (NYSE:ROG – Free Report) by 9.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,094 shares of the electronics maker’s stock after buying an additional 1,685 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Rogers were worth $2,522,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. B. Riley Wealth Advisors Inc. grew its holdings in shares of Rogers by 8.8% in the third quarter. B. Riley Wealth Advisors Inc. now owns 1,626 shares of the electronics maker’s stock valued at $214,000 after purchasing an additional 132 shares during the period. Diversified Trust Co grew its stake in shares of Rogers by 7.7% in the 4th quarter. Diversified Trust Co now owns 2,431 shares of the electronics maker’s stock valued at $321,000 after buying an additional 174 shares during the period. BKM Wealth Management LLC acquired a new stake in shares of Rogers during the 4th quarter worth approximately $30,000. New York State Teachers Retirement System increased its holdings in shares of Rogers by 0.9% during the 4th quarter. New York State Teachers Retirement System now owns 26,231 shares of the electronics maker’s stock worth $3,464,000 after buying an additional 245 shares during the last quarter. Finally, Swiss National Bank raised its position in shares of Rogers by 0.9% during the 3rd quarter. Swiss National Bank now owns 34,800 shares of the electronics maker’s stock valued at $4,575,000 after buying an additional 300 shares during the period. 96.02% of the stock is owned by institutional investors and hedge funds.
Rogers Stock Performance
Shares of Rogers stock opened at $118.62 on Thursday. The stock has a 50 day moving average of $114.54 and a 200 day moving average of $120.93. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 32.59 and a beta of 0.67. Rogers Co. has a fifty-two week low of $105.48 and a fifty-two week high of $173.16.
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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