SG Americas Securities LLC Acquires New Holdings in Rogers Co. (NYSE:ROG)

SG Americas Securities LLC bought a new stake in Rogers Co. (NYSE:ROG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,816 shares of the electronics maker’s stock, valued at approximately $286,000.

Several other large investors also recently added to or reduced their stakes in the business. KBC Group NV boosted its holdings in Rogers by 54.5% in the third quarter. KBC Group NV now owns 669 shares of the electronics maker’s stock worth $76,000 after purchasing an additional 236 shares in the last quarter. Algert Global LLC bought a new stake in shares of Rogers during the 2nd quarter worth about $204,000. FMR LLC increased its holdings in shares of Rogers by 83.1% during the 3rd quarter. FMR LLC now owns 2,309 shares of the electronics maker’s stock valued at $261,000 after acquiring an additional 1,048 shares during the last quarter. Hedges Asset Management LLC raised its stake in shares of Rogers by 23.8% in the 3rd quarter. Hedges Asset Management LLC now owns 2,600 shares of the electronics maker’s stock valued at $294,000 after acquiring an additional 500 shares in the last quarter. Finally, Procyon Advisors LLC lifted its holdings in Rogers by 22.5% in the 3rd quarter. Procyon Advisors LLC now owns 2,777 shares of the electronics maker’s stock worth $314,000 after purchasing an additional 510 shares during the last quarter. 96.02% of the stock is owned by institutional investors.

Rogers Stock Up 1.4 %

Shares of ROG stock opened at $90.53 on Thursday. Rogers Co. has a 12 month low of $87.27 and a 12 month high of $134.07. The company has a market cap of $1.69 billion, a PE ratio of 33.78 and a beta of 0.51. The business’s 50 day moving average is $100.14 and its two-hundred day moving average is $104.27.

Insider Buying and Selling

In other Rogers news, SVP Michael Reed Webb sold 416 shares of Rogers stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $108.82, for a total value of $45,269.12. Following the transaction, the senior vice president now directly owns 4,400 shares of the company’s stock, valued at $478,808. The trade was a 8.64 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.27% of the stock is owned by insiders.

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.