Trillium Asset Management LLC Has $7.04 Million Holdings in Rogers Co. (NYSE:ROG)

Trillium Asset Management LLC cut its stake in Rogers Co. (NYSE:ROG) by 10.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 69,244 shares of the electronics maker’s stock after selling 7,983 shares during the quarter. Trillium Asset Management LLC’s holdings in Rogers were worth $7,036,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. KBC Group NV boosted its stake in shares of Rogers by 54.5% during the 3rd quarter. KBC Group NV now owns 669 shares of the electronics maker’s stock worth $76,000 after buying an additional 236 shares during the last quarter. Vestmark Advisory Solutions Inc. acquired a new position in shares of Rogers during the 4th quarter worth about $222,000. FMR LLC boosted its stake in shares of 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 buying an additional 1,048 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Rogers during the 4th quarter worth about $286,000. Finally, Procyon Advisors LLC boosted its stake in shares of Rogers by 11.9% during the 4th quarter. Procyon Advisors LLC now owns 3,108 shares of the electronics maker’s stock worth $316,000 after buying an additional 331 shares during the last quarter. 96.02% of the stock is owned by institutional investors and hedge funds.

Rogers Price Performance

Rogers stock opened at $75.01 on Thursday. The firm has a 50-day moving average of $87.50 and a 200-day moving average of $98.17. Rogers Co. has a one year low of $71.63 and a one year high of $134.07. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 53.20 and a beta of 0.56.

Rogers (NYSE:ROG) last issued its earnings results on Wednesday, February 19th. The electronics maker reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. The company 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 prior year, the firm earned $0.60 EPS. As a group, sell-side analysts expect that Rogers Co. will post 3.57 earnings per share for the current year.

Rogers Company 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.