State Street Corp Sells 28,730 Shares of Sturm, Ruger & Company, Inc. (NYSE:RGR)

State Street Corp lessened its position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 4.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 616,246 shares of the company’s stock after selling 28,730 shares during the period. State Street Corp owned approximately 3.67% of Sturm, Ruger & Company, Inc. worth $25,685,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp grew its position in shares of Sturm, Ruger & Company, Inc. by 6.9% during 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 in the last quarter. International Assets Investment Management LLC boosted its stake in Sturm, Ruger & Company, Inc. by 4,075.7% during 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 during the period. Impala Asset Management LLC purchased a new position in Sturm, Ruger & Company, Inc. during the second quarter worth about $2,228,000. Dimensional Fund Advisors LP bought a new position in Sturm, Ruger & Company, Inc. in the 2nd quarter worth about $552,000. Finally, Dark Forest Capital Management LP bought a new position in Sturm, Ruger & Company, Inc. in the 2nd quarter worth about $221,000. Institutional investors own 64.00% of the company’s stock.

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

Shares of RGR opened at $34.93 on Monday. Sturm, Ruger & Company, Inc. has a 12-month low of $34.80 and a 12-month high of $48.20. The company has a market cap of $586.51 million, a PE ratio of 20.19 and a beta of 0.16. The stock has a 50-day moving average price of $38.95 and a 200-day moving average price of $40.99.

Sturm, Ruger & Company, Inc. Cuts Dividend

The business also recently announced 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 was Wednesday, November 13th. This represents a $0.44 annualized dividend and a yield of 1.26%. Sturm, Ruger & Company, Inc.’s 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.