Intech Investment Management LLC Has $512,000 Holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR)

Intech Investment Management LLC raised its position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 64.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,279 shares of the company’s stock after acquiring an additional 4,810 shares during the quarter. Intech Investment Management LLC owned about 0.07% of Sturm, Ruger & Company, Inc. worth $512,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Sturm, Ruger & Company, Inc. by 4.3% during the 1st quarter. Vanguard Group Inc. now owns 2,119,506 shares of the company’s stock valued at $97,815,000 after purchasing an additional 86,532 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Sturm, Ruger & Company, Inc. by 6.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 207,639 shares of the company’s stock valued at $8,648,000 after acquiring an additional 13,460 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Sturm, Ruger & Company, Inc. by 112.7% in the 2nd quarter. Assenagon Asset Management S.A. now owns 142,729 shares of the company’s stock valued at $5,945,000 after acquiring an additional 75,625 shares in the last quarter. Impala Asset Management LLC acquired a new position in shares of Sturm, Ruger & Company, Inc. during the 2nd quarter valued at $2,228,000. Finally, Exchange Traded Concepts LLC boosted its stake in Sturm, Ruger & Company, Inc. by 10.0% during the third quarter. Exchange Traded Concepts LLC now owns 48,740 shares of the company’s stock worth $2,031,000 after acquiring an additional 4,422 shares in the last quarter. 64.00% of the stock is currently owned by institutional investors and hedge funds.

Sturm, Ruger & Company, Inc. Trading Up 0.2 %

NYSE:RGR opened at $38.09 on Monday. Sturm, Ruger & Company, Inc. has a 12 month low of $37.18 and a 12 month high of $48.20. The stock has a market capitalization of $639.53 million, a price-to-earnings ratio of 22.02 and a beta of 0.17. The firm has a fifty day simple moving average of $40.41 and a two-hundred day simple moving average of $41.69.

Sturm, Ruger & Company, Inc. Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend was Wednesday, November 13th. Sturm, Ruger & Company, Inc.’s payout ratio is 25.43%.

Sturm, Ruger & Company, Inc. 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.