Virtu Financial LLC Sells 1,337 Shares of Rogers Co. (NYSE:ROG)

Virtu Financial LLC trimmed its stake in Rogers Co. (NYSE:ROG) by 41.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,889 shares of the electronics maker’s stock after selling 1,337 shares during the quarter. Virtu Financial LLC’s holdings in Rogers were worth $249,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. US Bancorp DE grew its position in Rogers by 1.3% in the fourth quarter. US Bancorp DE now owns 7,307 shares of the electronics maker’s stock valued at $965,000 after acquiring an additional 94 shares during the period. B. Riley Wealth Advisors Inc. grew its position in Rogers by 8.8% in the third quarter. B. Riley Wealth Advisors Inc. now owns 1,626 shares of the electronics maker’s stock valued at $214,000 after acquiring an additional 132 shares during the period. Diversified Trust Co grew its position in Rogers by 7.7% in the fourth quarter. Diversified Trust Co now owns 2,431 shares of the electronics maker’s stock valued at $321,000 after acquiring an additional 174 shares during the period. BKM Wealth Management LLC bought a new stake in shares of Rogers during the fourth quarter worth $30,000. Finally, New York State Teachers Retirement System grew its holdings in shares of Rogers by 0.9% during the fourth quarter. New York State Teachers Retirement System now owns 26,231 shares of the electronics maker’s stock worth $3,464,000 after purchasing an additional 245 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors.

Rogers Stock Performance

Shares of ROG stock opened at $121.31 on Friday. The stock’s fifty day moving average is $117.32 and its 200-day moving average is $119.17. The stock has a market capitalization of $2.26 billion, a PE ratio of 33.33 and a beta of 0.60. Rogers Co. has a 52 week low of $105.48 and a 52 week high of $173.16.

Rogers (NYSE:ROG) last announced its earnings results on Thursday, April 25th. The electronics maker reported $0.58 EPS for the quarter, topping the consensus estimate of $0.55 by $0.03. The company had revenue of $213.40 million for the quarter, compared to analysts’ expectations of $210.00 million. Rogers had a return on equity of 5.30% and a net margin of 7.73%. As a group, analysts forecast that Rogers Co. will post 3.07 earnings per share 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.