GSA Capital Partners LLP Has $807,000 Stock Position in Smith & Wesson Brands, Inc. (NASDAQ:SWBI)

GSA Capital Partners LLP raised its position in shares of Smith & Wesson Brands, Inc. (NASDAQ:SWBI - Free Report) by 380.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,197 shares of the company's stock after acquiring an additional 49,264 shares during the period. GSA Capital Partners LLP owned approximately 0.14% of Smith & Wesson Brands worth $807,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Smith & Wesson Brands by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 3,616,996 shares of the company's stock valued at $62,791,000 after purchasing an additional 47,009 shares during the period. Renaissance Technologies LLC increased its position in Smith & Wesson Brands by 2.7% during the second quarter. Renaissance Technologies LLC now owns 2,798,009 shares of the company's stock worth $40,123,000 after acquiring an additional 72,500 shares during the period. American Century Companies Inc. raised its stake in Smith & Wesson Brands by 28.3% in the 2nd quarter. American Century Companies Inc. now owns 1,046,287 shares of the company's stock worth $15,004,000 after purchasing an additional 230,532 shares in the last quarter. Millennium Management LLC bought a new stake in Smith & Wesson Brands in the 2nd quarter valued at about $4,354,000. Finally, Marshall Wace LLP acquired a new position in shares of Smith & Wesson Brands during the 2nd quarter worth approximately $4,129,000. Institutional investors own 59.33% of the company's stock.

Smith & Wesson Brands Price Performance

Shares of NASDAQ SWBI traded up $0.09 during midday trading on Friday, reaching $13.07. The company's stock had a trading volume of 410,298 shares, compared to its average volume of 513,376. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.19 and a current ratio of 3.54. The company has a market cap of $586.19 million, a P/E ratio of 17.66 and a beta of 1.00. The business's 50 day moving average price is $13.09 and its two-hundred day moving average price is $14.61. Smith & Wesson Brands, Inc. has a fifty-two week low of $11.96 and a fifty-two week high of $18.05.

Smith & Wesson Brands (NASDAQ:SWBI - Get Free Report) last announced its quarterly earnings data on Thursday, September 5th. The company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). The firm had revenue of $88.33 million during the quarter, compared to analysts' expectations of $102.52 million. Smith & Wesson Brands had a return on equity of 9.20% and a net margin of 6.74%. The company's quarterly revenue was down 22.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.13 EPS.

Smith & Wesson Brands Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 19th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, September 19th. This represents a $0.52 annualized dividend and a dividend yield of 3.98%. Smith & Wesson Brands's dividend payout ratio is 70.27%.

Smith & Wesson Brands Company Profile

Smith & Wesson Brands, Inc designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, and Gemtech brands.