Rogers Corp (NYSE:ROG).
Eagle Boston Investment Management Inc reports that it decreased its investment in Rogers Corp stock by 24.1% as of the end of the last quarter. Its position was valued at $15,349,000 a decrease of $976,000 as of quarter end.
Several firms have updated their holdings. As of the end of the quarter Ubs Asset Management Americas Inc had acquired a total of 99 shares growing its stake by 1,237.5%. The value of the investment in (ROG) increased from $869,000 to $14,261,000 a change of $13,392,000 for the reporting period. Dimensional Fund Advisors Lp downsized its ownership by selling 35,565 shares a decrease of 3.4%. Dimensional Fund Advisors Lp owns 1,014,000 shares with a value of $135,145,000. The total value of its holdings increased 18.5%.
First Mercantile Trust Co reduced its investment by shedding 55 shares a decrease of 1.6% as of 09/30/2017. First Mercantile Trust Co claims 3,335 shares worth $444,000. The value of the position overall is up by 20.7%.
B. Riley raised the price target on November 5 changing the price objective from $147.00 to $180.00 and issued a “Buy” rating. November 3 investment analysts at Needham & Company LLC left the company rating at “Buy” projecting a price of $165.00.
On October 30 B. Riley left the stock rating at “Buy” with a current price target of $180.00. On August 15 B. Riley maintained a stock rating of “Buy” targeting a price of $147.00.
August 2 investment analysts at Needham & Company LLC made no change to the stock rating of “Buy” projecting a price of $135.00.
The company is so far trading down by 0.31% percent from yesterday’s close. The P/E ratio is currently 20.24 and market capitalization is 195.85B. As of the last earnings report the EPS was $11.25 with 693.30M shares currently outstanding.
Short traders are feeling a little more bearish on shares of Rogers Corp recently if you take note of the rise in short interest. The company experienced a rise in short interest of 3.08% between September 29, 2017 and October 13, 2017. Short interest grew 4,223 over that period. Days to cover decreased from 1.0 to 1.0 and the percentage of shorted shares was 0.00% on October 13.