Fmr LLC Acquires 1,442 Shares of Sturm, Ruger & Company, Inc. (NYSE:RGR)

Fmr LLC grew its holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR) by 127.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,572 shares of the company’s stock after purchasing an additional 1,442 shares during the period. Fmr LLC’s holdings in Sturm, Ruger & Company, Inc. were worth $107,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Intech Investment Management LLC boosted its position in Sturm, Ruger & Company, Inc. by 64.4% during the third quarter. Intech Investment Management LLC now owns 12,279 shares of the company’s stock valued at $512,000 after purchasing an additional 4,810 shares during the last quarter. Quest Partners LLC raised its stake in shares of Sturm, Ruger & Company, Inc. by 4,027.7% during the 3rd quarter. Quest Partners LLC now owns 21,877 shares of the company’s stock worth $912,000 after purchasing an additional 21,347 shares in the last quarter. Aigen Investment Management LP boosted its holdings in shares of Sturm, Ruger & Company, Inc. by 7.5% in the 3rd quarter. Aigen Investment Management LP now owns 7,510 shares of the company’s stock valued at $313,000 after buying an additional 527 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of Sturm, Ruger & Company, Inc. by 4,075.7% in the third quarter. International Assets Investment Management LLC now owns 19,041 shares of the company’s stock valued at $794,000 after buying an additional 18,585 shares in the last quarter. Finally, Indiana Trust & Investment Management Co acquired a new position in Sturm, Ruger & Company, Inc. during the third quarter worth $108,000. Institutional investors own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Stock Performance

Sturm, Ruger & Company, Inc. stock opened at $34.63 on Tuesday. The stock has a 50-day simple moving average of $38.95 and a 200 day simple moving average of $40.99. The stock has a market capitalization of $581.47 million, a P/E ratio of 20.02 and a beta of 0.16. Sturm, Ruger & Company, Inc. has a 52 week low of $34.51 and a 52 week 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. Shareholders of record on Wednesday, November 13th were issued a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.44 annualized dividend and a yield of 1.27%. Sturm, Ruger & Company, Inc.’s dividend payout ratio is presently 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.