Arrowstreet Capital Limited Partnership Takes $1.90 Million Position in Sturm, Ruger & Company, Inc. (NYSE:RGR)

Arrowstreet Capital Limited Partnership acquired a new stake in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 53,565 shares of the company's stock, valued at approximately $1,895,000. Arrowstreet Capital Limited Partnership owned about 0.32% of Sturm, Ruger & Company, Inc. at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Jones Financial Companies Lllp grew its position in Sturm, Ruger & Company, Inc. by 32.5% during the 4th quarter. Jones Financial Companies Lllp now owns 2,018 shares of the company's stock worth $71,000 after acquiring an additional 495 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of Sturm, Ruger & Company, Inc. by 9.2% in the third quarter. HighTower Advisors LLC now owns 10,162 shares of the company's stock worth $432,000 after buying an additional 854 shares during the period. FMR LLC raised its holdings in Sturm, Ruger & Company, Inc. by 127.6% during the 3rd quarter. FMR LLC now owns 2,572 shares of the company's stock valued at $107,000 after buying an additional 1,442 shares during the last quarter. Rhumbline Advisers increased its position in shares of Sturm, Ruger & Company, Inc. by 4.5% in the fourth quarter. Rhumbline Advisers now owns 44,956 shares of the company's stock valued at $1,590,000 after acquiring an additional 1,918 shares during the period. Finally, Principal Financial Group Inc. grew its stake in shares of Sturm, Ruger & Company, Inc. by 2.4% in the fourth quarter. Principal Financial Group Inc. now owns 81,537 shares of the company's stock worth $2,884,000 after purchasing an additional 1,937 shares during the last quarter. 64.00% of the stock is owned by hedge funds and other institutional investors.

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Sturm, Ruger & Company, Inc. Trading Up 0.5 %

NYSE RGR traded up $0.20 during trading on Wednesday, hitting $39.02. The company had a trading volume of 2,148 shares, compared to its average volume of 152,089. The company's fifty day moving average is $38.69 and its 200-day moving average is $38.18. Sturm, Ruger & Company, Inc. has a one year low of $34.11 and a one year high of $47.28. The company has a market cap of $654.05 million, a price-to-earnings ratio of 22.05 and a beta of 0.22.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.62 earnings per share (EPS) 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 company had revenue of $145.78 million during the quarter, compared to the consensus estimate of $137.77 million. During the same period in the prior year, the firm earned $0.58 earnings per share. As a group, equities analysts anticipate that Sturm, Ruger & Company, Inc. will post 2.31 EPS for the current year.

Sturm, Ruger & Company, Inc. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a $0.24 dividend. This is an increase from Sturm, Ruger & Company, Inc.'s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a yield of 2.46%. Sturm, Ruger & Company, Inc.'s dividend payout ratio is 54.24%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Sturm, Ruger & Company, Inc. from a "buy" rating to a "strong-buy" rating in a 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.