Barclays PLC Sells 8,530 Shares of Sturm, Ruger & Company, Inc. (NYSE:RGR)

Barclays PLC reduced its position in Sturm, Ruger & Company, Inc. (NYSE:RGR) by 21.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 32,097 shares of the company’s stock after selling 8,530 shares during the period. Barclays PLC owned 0.19% of Sturm, Ruger & Company, Inc. worth $1,337,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in shares of Sturm, Ruger & Company, Inc. by 53.8% during the third quarter. GAMMA Investing LLC now owns 735 shares of the company’s stock valued at $31,000 after acquiring an additional 257 shares in the last quarter. Palouse Capital Management Inc. purchased a new stake in Sturm, Ruger & Company, Inc. during the 2nd quarter worth approximately $77,000. FMR LLC increased its stake in Sturm, Ruger & Company, Inc. by 127.6% during the 3rd quarter. FMR LLC now owns 2,572 shares of the company’s stock valued at $107,000 after purchasing an additional 1,442 shares in the last quarter. Indiana Trust & Investment Management Co purchased a new position in shares of Sturm, Ruger & Company, Inc. in the third quarter worth $108,000. Finally, Dark Forest Capital Management LP acquired a new stake in shares of Sturm, Ruger & Company, Inc. during the second quarter worth $221,000. Hedge funds and other institutional investors own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Price Performance

Shares of Sturm, Ruger & Company, Inc. stock opened at $34.65 on Friday. The stock has a market cap of $581.81 million, a PE ratio of 20.03 and a beta of 0.16. The firm has a fifty day moving average price of $38.26 and a 200 day moving average price of $40.73. Sturm, Ruger & Company, Inc. has a 1 year low of $34.29 and a 1 year high of $48.20.

Sturm, Ruger & Company, Inc. Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 1.27%. The ex-dividend date was Wednesday, November 13th. Sturm, Ruger & Company, Inc.’s payout ratio is currently 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.