Fmr LLC Has $107,000 Stock Holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR)

Fmr LLC grew its holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR) by 127.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 2,572 shares of the company’s stock after purchasing an additional 1,442 shares during the quarter. Fmr LLC’s holdings in Sturm, Ruger & Company, Inc. were worth $107,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of RGR. GAMMA Investing LLC grew 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 worth $31,000 after purchasing an additional 257 shares during the last quarter. Palouse Capital Management Inc. bought a new position in Sturm, Ruger & Company, Inc. during the second quarter worth $77,000. Indiana Trust & Investment Management Co acquired a new stake in Sturm, Ruger & Company, Inc. in the third quarter valued at approximately $108,000. Dark Forest Capital Management LP acquired a new position in shares of Sturm, Ruger & Company, Inc. during the second quarter valued at about $221,000. Finally, Intech Investment Management LLC purchased a new stake in Sturm, Ruger & Company, Inc. in the 2nd quarter valued at $311,000. Institutional investors and hedge funds own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Stock Performance

Sturm, Ruger & Company, Inc. stock opened at $34.63 on Tuesday. The firm’s 50-day simple moving average is $38.95 and its 200 day simple moving average is $40.99. Sturm, Ruger & Company, Inc. has a fifty-two week low of $34.51 and a fifty-two week high of $48.20. The stock has a market cap of $581.47 million, a PE ratio of 20.02 and a beta of 0.16.

Sturm, Ruger & Company, Inc. Cuts Dividend

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