Wipfli Financial Advisors LLC Makes New $32,000 Investment in Rogers Co. (NYSE:ROG)

Wipfli Financial Advisors LLC bought a new position in Rogers Co. (NYSE:ROGGet Rating) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 131 shares of the electronics maker’s stock, valued at approximately $32,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Meeder Asset Management Inc. boosted its holdings in shares of Rogers by 274.6% in the 2nd quarter. Meeder Asset Management Inc. now owns 266 shares of the electronics maker’s stock valued at $70,000 after purchasing an additional 195 shares during the last quarter. California Public Employees Retirement System boosted its holdings in shares of Rogers by 68.5% in the 2nd quarter. California Public Employees Retirement System now owns 67,897 shares of the electronics maker’s stock valued at $17,795,000 after purchasing an additional 27,598 shares during the last quarter. BCK Capital Management LP boosted its holdings in shares of Rogers by 41.7% in the 2nd quarter. BCK Capital Management LP now owns 16,978 shares of the electronics maker’s stock valued at $4,450,000 after purchasing an additional 5,000 shares during the last quarter. Segantii Capital Management Ltd acquired a new position in shares of Rogers in the 2nd quarter valued at $14,120,000. Finally, Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Rogers by 17.8% in the 2nd quarter. Tokio Marine Asset Management Co. Ltd. now owns 33,800 shares of the electronics maker’s stock valued at $8,859,000 after purchasing an additional 5,100 shares during the last quarter. 95.35% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Jeffrey J. Owens acquired 1,000 shares of the business’s stock in a transaction on Tuesday, November 22nd. The shares were purchased at an average price of $100.75 per share, for a total transaction of $100,750.00. Following the acquisition, the director now directly owns 6,850 shares of the company’s stock, valued at approximately $690,137.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.90% of the stock is currently owned by company insiders.

Rogers Stock Performance

NYSE:ROG opened at $129.98 on Friday. The company has a current ratio of 4.62, a quick ratio of 3.36 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $2.45 billion, a price-to-earnings ratio of 34.12 and a beta of 0.99. The firm’s fifty day simple moving average is $115.75 and its 200 day simple moving average is $198.41. Rogers Co. has a twelve month low of $98.45 and a twelve month high of $274.51.

Rogers (NYSE:ROGGet Rating) last posted its earnings results on Tuesday, November 8th. The electronics maker reported $1.11 earnings per share for the quarter. The business had revenue of $247.23 million for the quarter. Rogers had a net margin of 7.41% and a return on equity of 9.91%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ROG shares. StockNews.com lowered shares of Rogers from a “hold” rating to a “sell” rating in a report on Saturday, November 19th. TheStreet lowered shares of Rogers from a “c” rating to a “d+” rating in a report on Friday, November 25th.

Rogers Profile

(Get Rating)

Rogers Corporation designs, develops, manufactures, and sells 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, telematics and thermal solutions, aerospace and defense, mass transit, clean energy, connected devices, and wired infrastructure markets.

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Institutional Ownership by Quarter for Rogers (NYSE:ROG)

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