Vestmark Advisory Solutions Inc. Makes New $222,000 Investment in Rogers Co. (NYSE:ROG)

Vestmark Advisory Solutions Inc. bought a new position in Rogers Co. (NYSE:ROG) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 2,188 shares of the electronics maker’s stock, valued at approximately $222,000.

Several other hedge funds also recently bought and sold shares of ROG. Oppenheimer Asset Management Inc. acquired a new stake in Rogers in the third quarter worth $388,000. KBC Group NV increased its position in shares of Rogers by 54.5% during the third quarter. KBC Group NV now owns 669 shares of the electronics maker’s stock worth $76,000 after acquiring an additional 236 shares in the last quarter. Royce & Associates LP increased its position in shares of Rogers by 0.7% during the third quarter. Royce & Associates LP now owns 543,946 shares of the electronics maker’s stock worth $61,471,000 after acquiring an additional 3,584 shares in the last quarter. Nuance Investments LLC increased its position in shares of Rogers by 70.2% during the third quarter. Nuance Investments LLC now owns 639,936 shares of the electronics maker’s stock worth $72,319,000 after acquiring an additional 263,898 shares in the last quarter. Finally, Intech Investment Management LLC increased its position in shares of Rogers by 38.0% during the third quarter. Intech Investment Management LLC now owns 9,836 shares of the electronics maker’s stock worth $1,112,000 after acquiring an additional 2,707 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Rogers Stock Down 0.3 %

Shares of ROG stock opened at $76.97 on Monday. The firm has a fifty day moving average of $91.49 and a 200-day moving average of $99.87. Rogers Co. has a 12-month low of $71.86 and a 12-month high of $134.07. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 54.59 and a beta of 0.56.

Rogers (NYSE:ROG) last issued its quarterly earnings data on Wednesday, February 19th. The electronics maker reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. Rogers had a net margin of 3.14% and a return on equity of 3.98%. The company had revenue of $192.20 million during the quarter, compared to the consensus estimate of $191.75 million. During the same quarter in the prior year, the firm earned $0.60 earnings per share. On average, equities analysts expect that Rogers Co. will post 3.57 EPS for the current 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.