GSA Capital Partners LLP Has $1.66 Million Holdings in Rogers Corporation (NYSE:ROG)

GSA Capital Partners LLP boosted its position in shares of Rogers Corporation (NYSE:ROG - Free Report) by 227.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,607 shares of the electronics maker's stock after purchasing an additional 17,089 shares during the period. GSA Capital Partners LLP owned 0.13% of Rogers worth $1,662,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in Rogers by 243.5% during the 1st quarter. GAMMA Investing LLC now owns 371 shares of the electronics maker's stock worth $25,000 after purchasing an additional 263 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Rogers by 698.9% during the 1st quarter. Versant Capital Management Inc now owns 703 shares of the electronics maker's stock valued at $47,000 after acquiring an additional 615 shares in the last quarter. Sterling Capital Management LLC grew its holdings in shares of Rogers by 810.8% during the 4th quarter. Sterling Capital Management LLC now owns 592 shares of the electronics maker's stock valued at $60,000 after acquiring an additional 527 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Rogers by 6,118.8% during the 1st quarter. Signaturefd LLC now owns 995 shares of the electronics maker's stock valued at $67,000 after acquiring an additional 979 shares in the last quarter. Finally, KBC Group NV grew its holdings in shares of Rogers by 67.3% during the 1st quarter. KBC Group NV now owns 1,119 shares of the electronics maker's stock valued at $76,000 after acquiring an additional 450 shares in the last quarter. 96.02% of the stock is currently owned by hedge funds and other institutional investors.

Rogers Stock Up 2.7%

Shares of Rogers stock traded up $1.78 on Friday, hitting $67.36. 880,824 shares of the company traded hands, compared to its average volume of 235,862. The company has a 50-day moving average price of $68.36 and a 200 day moving average price of $72.51. Rogers Corporation has a 12-month low of $51.43 and a 12-month high of $114.05. The company has a market cap of $1.25 billion, a PE ratio of -19.08 and a beta of 0.46.

Rogers (NYSE:ROG - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The electronics maker reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.16). Rogers had a negative net margin of 8.14% and a positive return on equity of 3.00%. The business had revenue of $202.80 million during the quarter, compared to analyst estimates of $198.75 million. Equities research analysts anticipate that Rogers Corporation will post 3.57 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, B. Riley boosted their price target on shares of Rogers from $80.00 to $85.00 and gave the company a "buy" rating in a report on Wednesday, April 30th.

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.