Eagle Boston Investment Management Inc buys $10,814,587 stake in Rogers Corporation (ROG)

Rogers Corporation (ROG) : Eagle Boston Investment Management Inc scooped up 4,239 additional shares in Rogers Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 160,740 shares of Rogers Corporation which is valued at $10,814,587.Rogers Corporation makes up approximately 1.41% of Eagle Boston Investment Management Inc’s portfolio.

Other Hedge Funds, Including , Simplex Trading added ROG to its portfolio by purchasing 752 company shares during the most recent quarter which is valued at $50,595. Rogers Corporation makes up approx 0.01% of Simplex Trading’s portfolio.Capstone Asset Management Co boosted its stake in ROG in the latest quarter, The investment management firm added 120 additional shares and now holds a total of 5,720 shares of Rogers Corporation which is valued at $368,940. Rogers Corporation makes up approx 0.01% of Capstone Asset Management Co’s portfolio. Cutler Group Lp added ROG to its portfolio by purchasing 116 company shares during the most recent quarter which is valued at $7,482.Bnp Paribas Arbitrage Sa boosted its stake in ROG in the latest quarter, The investment management firm added 3,035 additional shares and now holds a total of 6,120 shares of Rogers Corporation which is valued at $380,297.

Rogers Corporation opened for trading at $67.07 and hit $67.66 on the upside on Wednesday, eventually ending the session at $67.28, with a gain of 0.84% or 0.56 points. The heightened volatility saw the trading volume jump to 1,46,978 shares. Company has a market cap of $1,211 M.

On the company’s financial health, Rogers Corporation reported $0.94 EPS for the quarter, beating the analyst consensus estimate by $ 0.31 according to the earnings call on May 2, 2016. Analyst had a consensus of $0.63. The company had revenue of $160.57 million for the quarter, compared to analysts expectations of $151.24 million. The company’s revenue was down -2.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.94 EPS.

Rogers Corporation is a supplier of specialty materials products. The Company supplies products across a range of end markets including portable communications communications infrastructure consumer electronics mass transit automotive defense and clean technology. The Company operates through segments: Printed Circuit Materials (PCM) High Performance Foams (HPF) Power Electronics Solutions (PES) and Others. The Printed Circuit Materials segment includes printed circuit board laminate products for high frequency and high performance applications. The High Performance Foams segment includes polyurethane and silicone foam as well as solid products manufactured in roll stock sheet and molded formats. The Power Electronics Solutions segment consists of direct bond copper (DBC) ceramic substrate products and busbar power distribution products. The Other segment consists of elastomer components floats and inverter distribution activities.

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