Bridge City Capital LLC Lowers Holdings in Rogers Co. (NYSE:ROG)

Bridge City Capital LLC lowered its holdings in Rogers Co. (NYSE:ROG) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,894 shares of the electronics maker’s stock after selling 287 shares during the quarter. Bridge City Capital LLC owned 0.11% of Rogers worth $2,021,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. State Street Corp raised its holdings in Rogers by 1.2% in the 3rd quarter. State Street Corp now owns 706,815 shares of the electronics maker’s stock valued at $79,877,000 after buying an additional 8,402 shares during the period. Geode Capital Management LLC raised its stake in shares of Rogers by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 411,048 shares of the electronics maker’s stock valued at $46,461,000 after acquiring an additional 5,164 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Rogers by 5.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 242,914 shares of the electronics maker’s stock worth $24,682,000 after acquiring an additional 13,311 shares during the last quarter. Oddo BHF Asset Management Sas purchased a new position in shares of Rogers during the 3rd quarter worth approximately $17,517,000. Finally, BNP Paribas Financial Markets increased its holdings in 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 purchasing an additional 114,302 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Rogers Stock Down 3.3 %

ROG opened at $72.06 on Friday. Rogers Co. has a 52 week low of $71.63 and a 52 week high of $134.07. The business has a fifty day simple moving average of $86.55 and a 200-day simple moving average of $97.73. The firm has a market cap of $1.33 billion, a P/E ratio of 51.11 and a beta of 0.56.

Rogers (NYSE:ROG) last released its earnings results on Wednesday, February 19th. The electronics maker reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.03. The company had revenue of $192.20 million during the quarter, compared to the consensus estimate of $191.75 million. Rogers had a return on equity of 3.98% and a net margin of 3.14%. During the same period in the previous year, the company posted $0.60 EPS. Sell-side analysts expect that Rogers Co. will post 3.57 earnings per share for the current 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.