Trillium Asset Management LLC Sells 7,983 Shares of Rogers Co. (NYSE:ROG)

Trillium Asset Management LLC decreased its holdings in shares of Rogers Co. (NYSE:ROG) by 10.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 69,244 shares of the electronics maker’s stock after selling 7,983 shares during the period. Trillium Asset Management LLC owned approximately 0.37% of Rogers worth $7,036,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Nuance Investments LLC increased its position in shares of Rogers by 70.2% in the 3rd quarter. Nuance Investments LLC now owns 639,936 shares of the electronics maker’s stock valued at $72,319,000 after buying an additional 263,898 shares in the last quarter. Oddo BHF Asset Management Sas bought a new stake in shares of Rogers in the 3rd quarter valued at $17,517,000. BNP Paribas Financial Markets increased its position in shares of Rogers by 948.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 126,353 shares of the electronics maker’s stock valued at $14,279,000 after buying an additional 114,302 shares in the last quarter. Weiss Asset Management LP bought a new stake in shares of Rogers in the 3rd quarter valued at $3,381,000. Finally, Invenomic Capital Management LP bought a new stake in shares of Rogers in the 3rd quarter valued at $3,057,000. Institutional investors own 96.02% of the company’s stock.

Rogers Stock Down 3.6 %

ROG opened at $75.01 on Thursday. Rogers Co. has a 12 month low of $71.63 and a 12 month high of $134.07. The company has a fifty day simple moving average of $87.50 and a 200 day simple moving average of $98.17. The stock has a market cap of $1.39 billion, a P/E ratio of 53.20 and a beta of 0.56.

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

Rogers 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.