Sturm, Ruger & Company, Inc. (NYSE:RGR) Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC boosted its stake in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 9.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,162 shares of the company’s stock after purchasing an additional 854 shares during the period. HighTower Advisors LLC owned approximately 0.06% of Sturm, Ruger & Company, Inc. worth $432,000 at the end of the most recent reporting period.

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

Sturm, Ruger & Company, Inc. Stock Down 0.9 %

Shares of RGR opened at $34.93 on Friday. The company has a market capitalization of $586.51 million, a price-to-earnings ratio of 20.19 and a beta of 0.16. Sturm, Ruger & Company, Inc. has a 52 week low of $34.80 and a 52 week high of $48.20. The stock’s 50-day moving average price is $38.95 and its 200-day moving average price is $41.01.

Sturm, Ruger & Company, Inc. Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were paid a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.44 annualized dividend and a dividend yield of 1.26%. Sturm, Ruger & Company, Inc.’s dividend payout ratio is presently 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.