Leeward Investments LLC MA Sells 8,289 Shares of Rogers Co. (NYSE:ROG)

Leeward Investments LLC MA lowered its holdings in shares of Rogers Co. (NYSE:ROG) by 7.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 106,596 shares of the electronics maker’s stock after selling 8,289 shares during the period. Leeward Investments LLC MA owned about 0.57% of Rogers worth $10,831,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of Rogers by 29.6% during the 3rd 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 last quarter. Geode Capital Management LLC boosted its position in 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 period. Invenomic Capital Management LP purchased a new stake in Rogers during the 3rd quarter valued at $3,057,000. Jane Street Group LLC boosted its position in 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 during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Rogers by 5.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 229,603 shares of the electronics maker’s stock valued at $25,947,000 after buying an additional 11,876 shares during the period. Institutional investors own 96.02% of the company’s stock.

Rogers Stock Down 4.2 %

Shares of ROG opened at $85.80 on Friday. The stock has a market capitalization of $1.60 billion, a P/E ratio of 60.85 and a beta of 0.51. The firm has a fifty day simple moving average of $96.05 and a two-hundred day simple moving average of $101.65. Rogers Co. has a twelve month low of $84.75 and a twelve month high of $134.07.

Rogers (NYSE:ROG) last announced its quarterly earnings results on Wednesday, February 19th. The electronics maker reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.03. The business had revenue of $192.20 million during the quarter, compared to analysts’ expectations of $191.75 million. Rogers had a net margin of 3.14% and a return on equity of 3.98%. During the same quarter in the prior year, the company posted $0.60 EPS. Sell-side analysts expect 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.