Thrivent Financial for Lutherans Has $552,000 Stock Holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR)

Thrivent Financial for Lutherans decreased its position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 8.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,236 shares of the company’s stock after selling 1,209 shares during the period. Thrivent Financial for Lutherans owned about 0.08% of Sturm, Ruger & Company, Inc. worth $552,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in RGR. Price T Rowe Associates Inc. MD boosted its position in shares of Sturm, Ruger & Company, Inc. by 12.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,912 shares of the company’s stock worth $319,000 after acquiring an additional 762 shares in the last quarter. SG Americas Securities LLC bought a new position in Sturm, Ruger & Company, Inc. in the 2nd quarter valued at approximately $1,332,000. Assenagon Asset Management S.A. lifted its stake in 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 purchasing an additional 75,625 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in 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 purchasing an additional 13,460 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in Sturm, Ruger & Company, Inc. by 15.6% in the 2nd quarter. Rhumbline Advisers now owns 46,685 shares of the company’s stock valued at $1,944,000 after purchasing an additional 6,306 shares during the last quarter. Institutional investors and hedge funds own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Price Performance

Shares of NYSE:RGR opened at $38.06 on Thursday. The company has a market cap of $639.03 million, a price-to-earnings ratio of 22.00 and a beta of 0.16. The firm has a 50 day simple moving average of $40.15 and a 200 day simple moving average of $41.60. Sturm, Ruger & Company, Inc. has a one year low of $37.18 and a one year high of $48.20.

Sturm, Ruger & Company, Inc. Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were paid a $0.11 dividend. This represents a $0.44 annualized dividend 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. 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.