Sturm, Ruger & Company, Inc. (NYSE:RGR) Shares Sold by American Century Companies Inc.

American Century Companies Inc. reduced its stake in Sturm, Ruger & Company, Inc. (NYSE:RGR) by 24.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 183,730 shares of the company’s stock after selling 60,468 shares during the period. American Century Companies Inc. owned 1.06% of Sturm, Ruger & Company, Inc. worth $7,652,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Illinois Municipal Retirement Fund raised its holdings in Sturm, Ruger & Company, Inc. by 2.8% during the first quarter. Illinois Municipal Retirement Fund now owns 10,217 shares of the company’s stock worth $472,000 after purchasing an additional 279 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Sturm, Ruger & Company, Inc. by 28.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,618 shares of the company’s stock worth $74,000 after buying an additional 355 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Sturm, Ruger & Company, Inc. by 2.3% in the fourth quarter. BNP Paribas Financial Markets now owns 22,874 shares of the company’s stock valued at $1,040,000 after buying an additional 520 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Sturm, Ruger & Company, Inc. by 12.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,912 shares of the company’s stock valued at $319,000 after buying an additional 762 shares in the last quarter. Finally, CWM LLC grew its holdings in Sturm, Ruger & Company, Inc. by 187.0% during the first quarter. CWM LLC now owns 1,346 shares of the company’s stock worth $62,000 after acquiring an additional 877 shares during the period. 64.00% of the stock is currently owned by institutional investors.

Insider Activity at Sturm, Ruger & Company, Inc.

In other Sturm, Ruger & Company, Inc. news, VP Sarah F. Colbert sold 2,000 shares of the business’s stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $45.14, for a total transaction of $90,280.00. Following the sale, the vice president now owns 32,080 shares in the company, valued at approximately $1,448,091.20. The transaction was disclosed in a filing with the SEC, which is available through this link. 3.50% of the stock is currently owned by corporate insiders.

Sturm, Ruger & Company, Inc. Trading Up 1.2 %

Shares of Sturm, Ruger & Company, Inc. stock opened at $42.23 on Tuesday. Sturm, Ruger & Company, Inc. has a 52 week low of $40.21 and a 52 week high of $55.94. The stock has a market cap of $734.84 million, a PE ratio of 18.28 and a beta of 0.17. The company’s 50-day moving average price is $42.34 and its two-hundred day moving average price is $43.56.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last issued its earnings results on Wednesday, July 31st. The company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.29). The business had revenue of $130.76 million for the quarter, compared to the consensus estimate of $137.60 million. Sturm, Ruger & Company, Inc. had a return on equity of 10.00% and a net margin of 6.36%. The company’s quarterly revenue was down 8.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.91 earnings per share. On average, equities analysts predict that Sturm, Ruger & Company, Inc. will post 2.19 EPS for the current fiscal year.

Sturm, Ruger & Company, Inc. Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.80%. This is an increase from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.16. The ex-dividend date was Thursday, August 15th. Sturm, Ruger & Company, Inc.’s dividend payout ratio is currently 32.90%.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark.