Creative Planning Purchases 705 Shares of Rogers Co. (NYSE:ROG)

Creative Planning boosted its holdings in shares of Rogers Co. (NYSE:ROG) by 19.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,387 shares of the electronics maker’s stock after purchasing an additional 705 shares during the period. Creative Planning’s holdings in Rogers were worth $529,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of ROG. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Rogers in the first quarter valued at about $2,257,000. Leeward Investments LLC MA bought a new stake in shares of Rogers during the 1st quarter valued at approximately $9,607,000. SG Americas Securities LLC acquired a new position in Rogers during the 2nd quarter worth approximately $4,001,000. Trillium Asset Management LLC lifted its stake in Rogers by 6.6% in the 1st quarter. Trillium Asset Management LLC now owns 81,651 shares of the electronics maker’s stock valued at $9,691,000 after purchasing an additional 5,037 shares during the last quarter. Finally, Edgestream Partners L.P. boosted its position in Rogers by 433.8% in the first quarter. Edgestream Partners L.P. now owns 11,956 shares of the electronics maker’s stock valued at $1,419,000 after buying an additional 9,716 shares in the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Insider Transactions at Rogers

In other Rogers news, VP Brian Keith Larabee sold 600 shares of the company’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $123.37, for a total transaction of $74,022.00. Following the transaction, the vice president now owns 3,409 shares in the company, valued at approximately $420,568.33. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.35% of the company’s stock.

Rogers Stock Performance

Shares of NYSE:ROG opened at $105.08 on Tuesday. Rogers Co. has a 52-week low of $96.41 and a 52-week high of $138.85. The company has a market capitalization of $1.96 billion, a PE ratio of 28.87 and a beta of 0.50. The company has a fifty day moving average of $104.86 and a 200-day moving average of $113.87.

Rogers (NYSE:ROG) last posted its earnings results on Thursday, July 25th. The electronics maker reported $0.69 EPS for the quarter, beating the consensus estimate of $0.60 by $0.09. Rogers had a return on equity of 4.67% and a net margin of 6.75%. The firm had revenue of $214.20 million during the quarter, compared to the consensus estimate of $215.00 million. During the same period last year, the company earned $1.07 earnings per share. On average, equities analysts forecast that Rogers Co. will post 3.04 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.