Peregrine Capital Management LLC Purchases 1,077 Shares of Rogers Co. (NYSE:ROG)

Peregrine Capital Management LLC boosted its position in Rogers Co. (NYSE:ROG) by 1.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 60,400 shares of the electronics maker’s stock after buying an additional 1,077 shares during the quarter. Peregrine Capital Management LLC’s holdings in Rogers were worth $6,137,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. KBC Group NV boosted its holdings in shares of Rogers by 54.5% in the 3rd quarter. KBC Group NV now owns 669 shares of the electronics maker’s stock valued at $76,000 after purchasing an additional 236 shares in the last quarter. FMR LLC boosted its stake in Rogers by 83.1% in the third quarter. FMR LLC now owns 2,309 shares of the electronics maker’s stock valued at $261,000 after buying an additional 1,048 shares in the last quarter. SG Americas Securities LLC bought a new position in Rogers in the fourth quarter valued at about $286,000. Hedges Asset Management LLC grew its position in Rogers by 23.8% in the third quarter. Hedges Asset Management LLC now owns 2,600 shares of the electronics maker’s stock valued at $294,000 after acquiring an additional 500 shares during the last quarter. Finally, Procyon Advisors LLC raised its stake in Rogers by 11.9% during the fourth quarter. Procyon Advisors LLC now owns 3,108 shares of the electronics maker’s stock worth $316,000 after acquiring an additional 331 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors and hedge funds.

Rogers Trading Up 1.4 %

ROG opened at $90.55 on Wednesday. The company’s 50 day moving average is $97.11 and its 200-day moving average is $102.01. The company has a market cap of $1.69 billion, a P/E ratio of 33.79 and a beta of 0.51. Rogers Co. has a 1-year low of $85.02 and a 1-year high of $134.07.

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.