Rogers Co. (NYSE:ROG) Position Increased by Amundi

Amundi boosted its stake in Rogers Co. (NYSE:ROG - Free Report) by 100.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,580 shares of the electronics maker's stock after buying an additional 5,301 shares during the period. Amundi owned 0.06% of Rogers worth $1,041,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. State Street Corp grew its position 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 in the last quarter. Nuance Investments LLC lifted its holdings in Rogers by 70.2% in the 3rd quarter. Nuance Investments LLC now owns 639,936 shares of the electronics maker's stock valued at $72,319,000 after acquiring an additional 263,898 shares during the last quarter. Geode Capital Management LLC lifted its holdings in 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 last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Rogers by 5.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 242,914 shares of the electronics maker's stock valued at $24,682,000 after acquiring an additional 13,311 shares during the last quarter. Finally, Oddo BHF Asset Management Sas acquired a new stake in Rogers in the 3rd quarter valued at about $17,517,000. Institutional investors own 96.02% of the company's stock.

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Rogers Stock Performance

NYSE ROG traded down $2.47 on Friday, reaching $72.06. The company's stock had a trading volume of 437,120 shares, compared to its average volume of 140,608. Rogers Co. has a twelve month low of $71.63 and a twelve month high of $134.07. The stock has a market cap of $1.33 billion, a PE ratio of 51.11 and a beta of 0.56. The firm's 50 day moving average is $86.55 and its two-hundred day moving average is $97.77.

Rogers (NYSE:ROG - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The electronics maker reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. Rogers had a net margin of 3.14% and a return on equity of 3.98%. The company had revenue of $192.20 million during the quarter, compared to the consensus estimate of $191.75 million. During the same period in the prior year, the company earned $0.60 EPS. Equities research analysts anticipate that Rogers Co. will post 3.57 EPS for the current fiscal 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.