Thrivent Financial for Lutherans Has $1.33 Million Stake in Rogers Co. (NYSE:ROG)

Thrivent Financial for Lutherans lowered its stake in Rogers Co. (NYSE:ROG) by 1.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 13,126 shares of the electronics maker’s stock after selling 165 shares during the period. Thrivent Financial for Lutherans’ holdings in Rogers were worth $1,334,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in ROG. Charles Schwab Investment Management Inc. boosted its position in shares of Rogers by 5.5% during the third 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. Quantbot Technologies LP bought a new stake in Rogers in the 3rd quarter valued at approximately $720,000. FMR LLC boosted its position in Rogers by 83.1% during the 3rd quarter. FMR LLC now owns 2,309 shares of the electronics maker’s stock worth $261,000 after acquiring an additional 1,048 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Rogers by 948.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 126,353 shares of the electronics maker’s stock worth $14,279,000 after acquiring an additional 114,302 shares in the last quarter. Finally, Edgestream Partners L.P. raised its holdings in shares of Rogers by 321.4% in the third quarter. Edgestream Partners L.P. now owns 10,972 shares of the electronics maker’s stock valued at $1,240,000 after purchasing an additional 8,368 shares during the last quarter. Institutional investors own 96.02% of the company’s stock.

Rogers Stock Down 4.4 %

Shares of ROG stock opened at $67.73 on Monday. Rogers Co. has a 12 month low of $67.40 and a 12 month high of $134.07. The company’s fifty day simple moving average is $84.08 and its 200-day simple moving average is $96.67. The firm has a market cap of $1.25 billion, a PE ratio of 48.04 and a beta of 0.56.

Rogers (NYSE:ROG) last issued its quarterly earnings results on Wednesday, February 19th. The electronics maker reported $0.46 EPS for the quarter, topping the consensus estimate of $0.43 by $0.03. The firm had revenue of $192.20 million for 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 period in the previous year, the firm posted $0.60 EPS. On average, equities analysts predict that Rogers Co. will post 3.57 earnings per share 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.