Vanguard Group Inc. Has $291.89 Million Stock Holdings in Rogers Co. (NYSE:ROG)

Vanguard Group Inc. cut its stake in shares of Rogers Co. (NYSE:ROG) by 0.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,220,176 shares of the electronics maker’s stock after selling 510 shares during the period. Vanguard Group Inc. owned 11.92% of Rogers worth $291,887,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Eaton Vance Management lifted its position in shares of Rogers by 1.0% in the first quarter. Eaton Vance Management now owns 3,825 shares of the electronics maker’s stock valued at $1,039,000 after buying an additional 39 shares during the last quarter. Mackenzie Financial Corp lifted its position in shares of Rogers by 4.9% in the first quarter. Mackenzie Financial Corp now owns 1,064 shares of the electronics maker’s stock valued at $289,000 after buying an additional 50 shares during the last quarter. Great West Life Assurance Co. Can lifted its position in shares of Rogers by 0.4% in the first quarter. Great West Life Assurance Co. Can now owns 16,187 shares of the electronics maker’s stock valued at $4,512,000 after buying an additional 61 shares during the last quarter. Belpointe Asset Management LLC lifted its position in shares of Rogers by 115.8% in the first quarter. Belpointe Asset Management LLC now owns 164 shares of the electronics maker’s stock valued at $27,000 after buying an additional 88 shares during the last quarter. Finally, Evergreen Capital Management LLC lifted its position in shares of Rogers by 14.0% in the first quarter. Evergreen Capital Management LLC now owns 937 shares of the electronics maker’s stock valued at $255,000 after buying an additional 115 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

Rogers Stock Performance

NYSE:ROG opened at $120.48 on Thursday. The stock has a market cap of $2.25 billion, a P/E ratio of 39.76 and a beta of 0.69. The stock has a 50 day simple moving average of $116.15 and a 200 day simple moving average of $124.06. The company has a current ratio of 4.53, a quick ratio of 3.21 and a debt-to-equity ratio of 0.02. Rogers Co. has a 1-year low of $107.37 and a 1-year high of $173.16.

Rogers (NYSE:ROG) last released its quarterly earnings results on Wednesday, February 21st. The electronics maker reported $0.60 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.40). The firm had revenue of $204.60 million for the quarter, compared to analyst estimates of $220.00 million. Rogers had a return on equity of 5.82% and a net margin of 6.23%. Research analysts anticipate that Rogers Co. will post 2.93 earnings per share 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.