UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Position in Sturm, Ruger & Company, Inc. (NYSE:RGR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,390 shares of the company’s stock after selling 2,483 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.18% of Sturm, Ruger & Company, Inc. worth $1,267,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Bank of New York Mellon Corp lifted its stake in Sturm, Ruger & Company, Inc. by 6.9% during the second quarter. Bank of New York Mellon Corp now owns 207,639 shares of the company’s stock worth $8,648,000 after purchasing an additional 13,460 shares during the last quarter. Rhumbline Advisers lifted its position in Sturm, Ruger & Company, Inc. by 15.6% in the 2nd quarter. Rhumbline Advisers now owns 46,685 shares of the company’s stock worth $1,944,000 after buying an additional 6,306 shares during the last quarter. Texas Permanent School Fund Corp lifted its position in Sturm, Ruger & Company, Inc. by 33.7% in the 2nd quarter. Texas Permanent School Fund Corp now owns 20,734 shares of the company’s stock worth $864,000 after buying an additional 5,223 shares during the last quarter. Dimensional Fund Advisors LP purchased a new stake in Sturm, Ruger & Company, Inc. in the second quarter worth approximately $552,000. Finally, Palouse Capital Management Inc. bought a new position in Sturm, Ruger & Company, Inc. during the second quarter valued at approximately $77,000. 64.00% of the stock is currently owned by institutional investors.

Sturm, Ruger & Company, Inc. Stock Performance

Shares of RGR opened at $36.21 on Wednesday. Sturm, Ruger & Company, Inc. has a fifty-two week low of $35.61 and a fifty-two week high of $48.20. The firm has a market cap of $607.97 million, a price-to-earnings ratio of 20.93 and a beta of 0.16. The firm has a 50 day moving average price of $39.31 and a 200-day moving average price of $41.17.

Sturm, Ruger & Company, Inc. Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.44 annualized dividend and a yield of 1.22%. 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.