Amica Mutual Insurance Co buys $2,044,592 stake in Rogers Corporation (ROG)

Rogers Corporation (ROG) : Amica Mutual Insurance Co scooped up 12,672 additional shares in Rogers Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 30,755 shares of Rogers Corporation which is valued at $2,044,592.Rogers Corporation makes up approximately 0.19% of Amica Mutual Insurance Co’s portfolio.

Other Hedge Funds, Including , Stoneridge Investment Partners sold out all of its stake in ROG during the most recent quarter. The investment firm sold 18,790 shares of ROG which is valued $1,287,115.

Rogers Corporation closed down -0.58 points or -0.85% at $67.28 with 1,83,223 shares getting traded on Monday. Post opening the session at $67.96, the shares hit an intraday low of $66.675 and an intraday high of $67.96 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Rogers Corporation reported $0.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 8, 2016. Analyst had a consensus of $0.83. The company had revenue of $157.50 million for the quarter, compared to analysts expectations of $162.16 million. The company’s revenue was down -3.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.77 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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