Cwm LLC Sells 152 Shares of Rogers Co. (NYSE:ROG)

Cwm LLC reduced its position in Rogers Co. (NYSE:ROG) by 6.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,139 shares of the electronics maker’s stock after selling 152 shares during the period. Cwm LLC’s holdings in Rogers were worth $242,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC raised its holdings in shares of Rogers by 1.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 7,865 shares of the electronics maker’s stock worth $949,000 after acquiring an additional 94 shares in the last quarter. Arizona State Retirement System grew its stake in shares of Rogers by 2.1% in the 2nd quarter. Arizona State Retirement System now owns 4,700 shares of the electronics maker’s stock worth $567,000 after buying an additional 95 shares in the last quarter. Louisiana State Employees Retirement System increased its holdings in shares of Rogers by 1.2% in the 2nd quarter. Louisiana State Employees Retirement System now owns 8,400 shares of the electronics maker’s stock worth $1,013,000 after buying an additional 100 shares during the last quarter. Inspire Investing LLC increased its holdings in shares of Rogers by 3.8% in the 1st quarter. Inspire Investing LLC now owns 3,360 shares of the electronics maker’s stock worth $399,000 after buying an additional 123 shares during the last quarter. Finally, Wrapmanager Inc. raised its position in shares of Rogers by 5.6% during the 2nd quarter. Wrapmanager Inc. now owns 2,732 shares of the electronics maker’s stock valued at $330,000 after buying an additional 145 shares in the last quarter. 96.02% of the stock is owned by institutional investors.

Insider Transactions at Rogers

In related news, VP Brian Keith Larabee sold 600 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $123.37, for a total transaction of $74,022.00. Following the transaction, the vice president now directly owns 3,409 shares in the company, valued at approximately $420,568.33. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.35% of the company’s stock.

Rogers Trading Down 1.7 %

ROG opened at $100.63 on Wednesday. The stock has a 50-day moving average of $104.77 and a 200 day moving average of $113.31. Rogers Co. has a 12 month low of $96.41 and a 12 month high of $138.85. The firm has a market cap of $1.88 billion, a P/E ratio of 27.65 and a beta of 0.50.

Rogers (NYSE:ROG) last announced its earnings results on Thursday, July 25th. The electronics maker reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.09. Rogers had a return on equity of 4.67% and a net margin of 6.75%. The firm had revenue of $214.20 million during the quarter, compared to analysts’ expectations of $215.00 million. During the same quarter in the previous year, the business earned $1.07 EPS. On average, research analysts forecast that Rogers Co. will post 3.04 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.