King Luther Capital Management Corp Takes $1.22 Million Position in Rogers Co. (NYSE:ROG)

King Luther Capital Management Corp bought a new stake in Rogers Co. (NYSE:ROG - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 12,000 shares of the electronics maker's stock, valued at approximately $1,219,000. King Luther Capital Management Corp owned about 0.06% of Rogers at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. acquired a new stake in shares of Rogers in the third quarter valued at about $388,000. KBC Group NV boosted its stake in Rogers by 54.5% during the 3rd quarter. KBC Group NV now owns 669 shares of the electronics maker's stock valued at $76,000 after purchasing an additional 236 shares during the period. Royce & Associates LP grew its holdings in Rogers by 0.7% in the 3rd quarter. Royce & Associates LP now owns 543,946 shares of the electronics maker's stock valued at $61,471,000 after buying an additional 3,584 shares during the last quarter. Nuance Investments LLC increased its position in Rogers by 70.2% in the 3rd quarter. Nuance Investments LLC now owns 639,936 shares of the electronics maker's stock worth $72,319,000 after buying an additional 263,898 shares during the period. Finally, Intech Investment Management LLC lifted its holdings in shares of Rogers by 38.0% during the third quarter. Intech Investment Management LLC now owns 9,836 shares of the electronics maker's stock worth $1,112,000 after buying an additional 2,707 shares during the last quarter. Institutional investors own 96.02% of the company's stock.

Rogers Stock Performance

Shares of ROG traded up $0.14 during mid-day trading on Monday, hitting $78.53. The company's stock had a trading volume of 239,315 shares, compared to its average volume of 139,577. The stock's 50-day moving average is $88.92 and its two-hundred day moving average is $98.75. The firm has a market capitalization of $1.45 billion, a PE ratio of 55.70 and a beta of 0.56. Rogers Co. has a one year low of $71.63 and a one year high of $134.07.

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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. The firm had revenue of $192.20 million during the quarter, compared to the consensus estimate of $191.75 million. Rogers had a net margin of 3.14% and a return on equity of 3.98%. During the same period in the prior year, the firm earned $0.60 EPS. Analysts expect that Rogers Co. will post 3.57 EPS for the current fiscal year.

Rogers Company 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.