Sturm, Ruger & Company, Inc. (NYSE:RGR) Shares Sold by Barclays PLC

Barclays PLC reduced its stake in Sturm, Ruger & Company, Inc. (NYSE:RGR) by 21.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,097 shares of the company’s stock after selling 8,530 shares during the period. Barclays PLC’s holdings in Sturm, Ruger & Company, Inc. were worth $1,337,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in RGR. GAMMA Investing LLC boosted 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 during the period. Palouse Capital Management Inc. acquired a new stake in shares of Sturm, Ruger & Company, Inc. in the 2nd quarter worth approximately $77,000. FMR LLC lifted its stake 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 worth $107,000 after acquiring an additional 1,442 shares during the period. Indiana Trust & Investment Management Co bought a new position in shares of Sturm, Ruger & Company, Inc. in the third quarter valued at approximately $108,000. Finally, Dark Forest Capital Management LP acquired a new position in shares of Sturm, Ruger & Company, Inc. during the second quarter valued at approximately $221,000. 64.00% of the stock is owned by institutional investors.

Sturm, Ruger & Company, Inc. Price Performance

RGR opened at $34.79 on Monday. The business has a 50 day moving average price of $37.11 and a two-hundred day moving average price of $40.20. The company has a market capitalization of $584.16 million, a price-to-earnings ratio of 20.11 and a beta of 0.17. Sturm, Ruger & Company, Inc. has a 1-year low of $34.11 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. Investors of record on Wednesday, November 13th were paid 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 dividend payout ratio is currently 25.43%.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Co, Inc engages in the business of designing, manufacturing, and selling firearms to domestic customers. It operates under the Firearms and Castings segments. The Firearms segment focuses on manufacturing and selling rifles, pistols, and revolvers principally to a number of federally licensed, independent wholesale distributors.