JPMorgan Chase & Co. Has $8.73 Million Position in Rogers Co. (NYSE:ROG)

JPMorgan Chase & Co. raised its holdings in Rogers Co. (NYSE:ROG - Free Report) by 29.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 77,211 shares of the electronics maker's stock after acquiring an additional 17,648 shares during the quarter. JPMorgan Chase & Co. owned about 0.41% of Rogers worth $8,726,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. KBC Group NV grew its stake in shares of Rogers by 54.5% during 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 during the period. Quest Partners LLC raised its position 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 acquiring an additional 784 shares during the period. Central Pacific Bank Trust Division boosted its stake in Rogers by 61.3% during the 3rd quarter. Central Pacific Bank Trust Division now owns 1,000 shares of the electronics maker's stock worth $113,000 after acquiring an additional 380 shares during the last quarter. Algert Global LLC acquired a new position in Rogers during the second quarter valued at approximately $204,000. Finally, FMR LLC increased its stake in Rogers by 83.1% in the third quarter. FMR LLC now owns 2,309 shares of the electronics maker's stock valued at $261,000 after purchasing an additional 1,048 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company's stock.

Rogers Price Performance

Shares of NYSE ROG traded up $0.02 during midday trading on Tuesday, reaching $94.80. 97,198 shares of the stock were exchanged, compared to its average volume of 112,612. Rogers Co. has a 12 month low of $93.81 and a 12 month high of $134.07. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 35.37 and a beta of 0.53. The business has a 50-day simple moving average of $103.64 and a two-hundred day simple moving average of $107.51.

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

Insiders Place Their Bets

In other Rogers news, SVP Michael Reed Webb sold 416 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $108.82, for a total transaction of $45,269.12. Following the completion of the transaction, the senior vice president now owns 4,400 shares in the company, valued at approximately $478,808. This represents a 8.64 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.35% of the company's stock.

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.