Trillium Asset Management LLC Sells 7,983 Shares of Rogers Co. (NYSE:ROG)

Trillium Asset Management LLC cut its holdings in Rogers Co. (NYSE:ROG - Free Report) by 10.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,244 shares of the electronics maker's stock after selling 7,983 shares during the period. Trillium Asset Management LLC owned about 0.37% of Rogers worth $7,036,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in Rogers by 29.6% during the third quarter. JPMorgan Chase & Co. now owns 77,211 shares of the electronics maker's stock valued at $8,726,000 after purchasing an additional 17,648 shares during the period. Geode Capital Management LLC lifted its position in shares of Rogers by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 411,048 shares of the electronics maker's stock valued at $46,461,000 after buying an additional 5,164 shares during the last quarter. Invenomic Capital Management LP bought a new position in shares of Rogers during the 3rd quarter worth $3,057,000. Jane Street Group LLC lifted its stake in shares of Rogers by 46.8% during the 3rd quarter. Jane Street Group LLC now owns 27,011 shares of the electronics maker's stock valued at $3,053,000 after buying an additional 8,615 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Rogers by 5.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 229,603 shares of the electronics maker's stock worth $25,947,000 after buying an additional 11,876 shares during the period. 96.02% of the stock is currently owned by institutional investors.

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Rogers Stock Performance

ROG stock traded up $0.96 during midday trading on Monday, reaching $73.20. 208,037 shares of the company's stock traded hands, compared to its average volume of 140,961. The firm has a market capitalization of $1.36 billion, a PE ratio of 51.92 and a beta of 0.56. The company has a 50-day moving average price of $86.55 and a two-hundred day moving average price of $97.69. Rogers Co. has a 52 week low of $71.63 and a 52 week high of $134.07.

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