Rogers Co. (NYSE:ROG) is Nuance Investments LLC’s 10th Largest Position

Nuance Investments LLC boosted its position in Rogers Co. (NYSE:ROG) by 26.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 810,081 shares of the electronics maker’s stock after buying an additional 170,145 shares during the quarter. Rogers accounts for approximately 3.3% of Nuance Investments LLC’s holdings, making the stock its 10th biggest holding. Nuance Investments LLC owned about 4.34% of Rogers worth $82,312,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ROG. Vanguard Group Inc. boosted its holdings in Rogers by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 2,353,358 shares of the electronics maker’s stock valued at $239,125,000 after purchasing an additional 40,835 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Rogers during the 4th quarter valued at approximately $325,000. Sei Investments Co. raised its holdings in Rogers by 7.9% in the fourth quarter. Sei Investments Co. now owns 43,368 shares of the electronics maker’s stock valued at $4,407,000 after acquiring an additional 3,177 shares in the last quarter. American Century Companies Inc. boosted its stake in Rogers by 15.0% during the 4th quarter. American Century Companies Inc. now owns 34,954 shares of the electronics maker’s stock valued at $3,552,000 after acquiring an additional 4,556 shares during the last quarter. Finally, Tocqueville Asset Management L.P. boosted its stake in Rogers by 7.4% during the 4th quarter. Tocqueville Asset Management L.P. now owns 18,946 shares of the electronics maker’s stock valued at $1,925,000 after acquiring an additional 1,310 shares during the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Rogers Price Performance

Rogers stock opened at $70.84 on Wednesday. The company has a fifty day moving average price of $85.65 and a two-hundred day moving average price of $97.28. Rogers Co. has a 12 month low of $70.66 and a 12 month high of $134.07. The company has a market cap of $1.31 billion, a PE ratio of 50.24 and a beta of 0.56.

Rogers (NYSE:ROG) last issued its earnings results on Wednesday, February 19th. The electronics maker reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. The company had revenue of $192.20 million during the quarter, compared to the consensus estimate of $191.75 million. Rogers had a return on equity of 3.98% and a net margin of 3.14%. During the same period in the previous year, the firm posted $0.60 earnings per share. Equities research analysts anticipate that Rogers Co. will post 3.57 earnings per share for the current 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.