Leeward Investments LLC MA Sells 497 Shares of Rogers Co. (NYSE:ROG)

Leeward Investments LLC MA reduced its stake in Rogers Co. (NYSE:ROG) by 0.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,885 shares of the electronics maker’s stock after selling 497 shares during the period. Leeward Investments LLC MA owned approximately 0.62% of Rogers worth $12,983,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ROG. Nisa Investment Advisors LLC increased its position in shares of Rogers by 1.2% during the second quarter. Nisa Investment Advisors LLC now owns 7,865 shares of the electronics maker’s stock valued at $949,000 after buying an additional 94 shares during the period. Arizona State Retirement System lifted its stake in Rogers by 2.1% in the 2nd quarter. Arizona State Retirement System now owns 4,700 shares of the electronics maker’s stock worth $567,000 after purchasing an additional 95 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in Rogers by 1.2% in the 2nd 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 period. Inspire Investing LLC grew its position in shares of Rogers by 3.8% during the 1st quarter. Inspire Investing LLC now owns 3,360 shares of the electronics maker’s stock valued at $399,000 after purchasing an additional 123 shares in the last quarter. Finally, Wrapmanager Inc. increased its holdings in shares of Rogers by 5.6% in the second quarter. Wrapmanager Inc. now owns 2,732 shares of the electronics maker’s stock worth $330,000 after purchasing an additional 145 shares during the period. 96.02% of the stock is currently owned by institutional investors.

Rogers Stock Up 8.6 %

NYSE:ROG opened at $112.74 on Thursday. Rogers Co. has a twelve month low of $96.10 and a twelve month high of $138.85. The stock has a market cap of $2.10 billion, a P/E ratio of 42.07 and a beta of 0.51. The business’s 50-day moving average price is $104.04 and its two-hundred day moving average price is $112.63.

Rogers (NYSE:ROG) last announced its earnings results on Thursday, October 24th. The electronics maker reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.13. The company had revenue of $210.30 million during the quarter, compared to analyst estimates 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 earned $1.24 earnings per share. On average, equities research analysts expect that Rogers Co. will post 2.71 EPS for the current fiscal 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.