AlphaQuest LLC Increases Stock Holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR)

AlphaQuest LLC raised its stake in Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) by 38.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,396 shares of the company's stock after buying an additional 8,519 shares during the quarter. AlphaQuest LLC owned about 0.18% of Sturm, Ruger & Company, Inc. worth $1,075,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of RGR. Jones Financial Companies Lllp lifted its position in shares of Sturm, Ruger & Company, Inc. by 32.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,018 shares of the company's stock worth $71,000 after purchasing an additional 495 shares in the last quarter. Aigen Investment Management LP lifted its position in shares of Sturm, Ruger & Company, Inc. by 7.5% during the third quarter. Aigen Investment Management LP now owns 7,510 shares of the company's stock worth $313,000 after purchasing an additional 527 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Sturm, Ruger & Company, Inc. by 9.2% during the third quarter. HighTower Advisors LLC now owns 10,162 shares of the company's stock worth $432,000 after purchasing an additional 854 shares in the last quarter. FMR LLC lifted its position in shares of Sturm, Ruger & Company, Inc. by 127.6% during the third quarter. FMR LLC now owns 2,572 shares of the company's stock worth $107,000 after purchasing an additional 1,442 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in shares of Sturm, Ruger & Company, Inc. by 4.5% during the fourth quarter. Rhumbline Advisers now owns 44,956 shares of the company's stock worth $1,590,000 after purchasing an additional 1,918 shares in the last quarter. Institutional investors and hedge funds own 64.00% of the company's stock.

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Sturm, Ruger & Company, Inc. Price Performance

Shares of RGR stock traded down $0.08 during trading hours on Tuesday, reaching $40.00. 136,992 shares of the stock were exchanged, compared to its average volume of 148,070. The business's fifty day moving average is $36.66 and its two-hundred day moving average is $38.63. Sturm, Ruger & Company, Inc. has a 12-month low of $34.11 and a 12-month high of $48.20. The firm has a market capitalization of $670.48 million, a P/E ratio of 22.60 and a beta of 0.15.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported $0.62 earnings per share for the quarter, hitting analysts' consensus estimates of $0.62. Sturm, Ruger & Company, Inc. had a net margin of 5.70% and a return on equity of 9.49%. The firm had revenue of $145.78 million for the quarter, compared to analyst estimates of $137.77 million. During the same period in the prior year, the firm earned $0.58 earnings per share. As a group, equities research analysts predict that Sturm, Ruger & Company, Inc. will post 2.31 earnings per share for the current fiscal year.

Sturm, Ruger & Company, Inc. Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.40%. This is a positive change from Sturm, Ruger & Company, Inc.'s previous quarterly dividend of $0.11. The ex-dividend date is Friday, March 14th. Sturm, Ruger & Company, Inc.'s dividend payout ratio is presently 54.24%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Sturm, Ruger & Company, Inc. from a "buy" rating to a "strong-buy" rating in a research report on Monday, February 24th.

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 through 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.