Jane Street Group LLC Boosts Stake in Rogers Co. (NYSE:ROG)

Jane Street Group LLC raised its stake in Rogers Co. (NYSE:ROG - Free Report) by 46.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,011 shares of the electronics maker's stock after acquiring an additional 8,615 shares during the period. Jane Street Group LLC owned approximately 0.14% of Rogers worth $3,053,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Asset Dedication LLC bought a new position in shares of Rogers during the second quarter valued at $25,000. KBC Group NV raised its holdings in Rogers by 54.5% during the 3rd quarter. KBC Group NV now owns 669 shares of the electronics maker's stock worth $76,000 after purchasing an additional 236 shares during the last quarter. Quest Partners LLC boosted its stake in shares of Rogers by 39,200.0% in the 2nd quarter. Quest Partners LLC now owns 786 shares of the electronics maker's stock valued at $95,000 after purchasing an additional 784 shares during the last quarter. Central Pacific Bank Trust Division raised its stake in Rogers by 61.3% during the third quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the electronics maker's stock worth $113,000 after buying an additional 380 shares during the last quarter. Finally, Algert Global LLC acquired a new position in Rogers in the second quarter valued at $204,000. Institutional investors own 96.02% of the company's stock.

Insider Buying and Selling

In other Rogers news, SVP Michael Reed Webb sold 416 shares of Rogers stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $108.82, for a total value of $45,269.12. Following the sale, the senior vice president now owns 4,400 shares of the company's stock, valued at approximately $478,808. The trade was a 8.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.35% of the stock is currently owned by corporate insiders.

Rogers Stock Down 1.5 %

Rogers stock traded down $1.51 during trading hours on Friday, reaching $99.95. 497,086 shares of the company's stock were exchanged, compared to its average volume of 148,778. The firm has a market capitalization of $1.87 billion, a PE ratio of 37.29 and a beta of 0.52. The firm's 50 day simple moving average is $104.29 and its 200 day simple moving average is $109.84. Rogers Co. has a twelve month low of $96.10 and a twelve month high of $138.85.

Rogers (NYSE:ROG - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The electronics maker reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.13. The firm had revenue of $210.30 million during the quarter, compared to the consensus estimate of $220.20 million. Rogers had a net margin of 5.91% and a return on equity of 4.19%. During the same period in the previous year, the firm posted $1.24 earnings per share. Analysts anticipate that Rogers Co. will post 2.71 EPS for the current 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.