Sei Investments Co. Has $4.87 Million Position in Rogers Co. (NYSE:ROG)

Sei Investments Co. grew its holdings in shares of Rogers Co. (NYSE:ROG) by 10.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,358 shares of the electronics maker’s stock after acquiring an additional 3,667 shares during the period. Sei Investments Co. owned 0.22% of Rogers worth $4,867,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. US Bancorp DE grew its holdings in Rogers by 1.3% during the 4th quarter. US Bancorp DE now owns 7,307 shares of the electronics maker’s stock worth $965,000 after acquiring an additional 94 shares during the period. Nisa Investment Advisors LLC grew its holdings in Rogers by 1.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 7,865 shares of the electronics maker’s stock worth $949,000 after acquiring an additional 94 shares during the period. Arizona State Retirement System grew its holdings in Rogers by 2.1% during the 2nd quarter. Arizona State Retirement System now owns 4,700 shares of the electronics maker’s stock worth $567,000 after acquiring an additional 95 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of Rogers by 1.2% during the 2nd quarter. Louisiana State Employees Retirement System now owns 8,400 shares of the electronics maker’s stock worth $1,013,000 after purchasing an additional 100 shares in the last quarter. Finally, Inspire Investing LLC boosted its position in shares of Rogers by 3.8% during the 1st quarter. Inspire Investing LLC now owns 3,360 shares of the electronics maker’s stock worth $399,000 after purchasing an additional 123 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Rogers

In related news, VP Brian Keith Larabee sold 600 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $123.37, for a total value of $74,022.00. Following the transaction, the vice president now owns 3,409 shares of the company’s stock, valued at approximately $420,568.33. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.35% of the company’s stock.

Rogers Price Performance

ROG stock opened at $109.48 on Wednesday. The stock has a market capitalization of $2.04 billion, a PE ratio of 30.06 and a beta of 0.49. The company’s 50-day moving average is $107.97 and its 200-day moving average is $114.78. Rogers Co. has a 1 year low of $96.41 and a 1 year high of $138.85.

Rogers (NYSE:ROG) last released its quarterly earnings data on Thursday, July 25th. The electronics maker reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.09. The company had revenue of $214.20 million for the quarter, compared to analysts’ expectations of $215.00 million. Rogers had a net margin of 6.75% and a return on equity of 4.67%. During the same quarter in the prior year, the firm earned $1.07 EPS. On average, analysts anticipate that Rogers Co. will post 3.04 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.