9,082 Shares in Sturm, Ruger & Company, Inc. (NYSE:RGR) Bought by Inceptionr LLC

Inceptionr LLC purchased a new position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 9,082 shares of the company's stock, valued at approximately $321,000. Inceptionr LLC owned about 0.05% of Sturm, Ruger & Company, Inc. as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RGR. Jones Financial Companies Lllp grew its holdings in shares of 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 valued at $71,000 after purchasing an additional 495 shares during the last quarter. FMR LLC boosted its position in Sturm, Ruger & Company, Inc. by 127.6% during the third 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 period. Virtu Financial LLC bought a new position in shares of Sturm, Ruger & Company, Inc. during the third quarter valued at about $260,000. Paloma Partners Management Co bought a new position in shares of Sturm, Ruger & Company, Inc. during the third quarter valued at about $280,000. Finally, Aigen Investment Management LP increased its holdings in shares of Sturm, Ruger & Company, Inc. by 7.5% in the third quarter. Aigen Investment Management LP now owns 7,510 shares of the company's stock worth $313,000 after buying an additional 527 shares during the period. 64.00% of the stock is currently owned by hedge funds and other institutional investors.

Sturm, Ruger & Company, Inc. Stock Down 0.1 %

Shares of Sturm, Ruger & Company, Inc. stock traded down $0.04 on Tuesday, hitting $40.04. The stock had a trading volume of 57,191 shares, compared to its average volume of 147,777. Sturm, Ruger & Company, Inc. has a one year low of $34.11 and a one year high of $48.20. The stock's 50-day simple moving average is $36.66 and its two-hundred day simple moving average is $38.63. The stock has a market cap of $671.15 million, a price-to-earnings ratio of 22.62 and a beta of 0.15.

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Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last announced 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 business had revenue of $145.78 million for the quarter, compared to analyst estimates of $137.77 million. During the same quarter last year, the firm earned $0.58 EPS. As a group, equities analysts predict that Sturm, Ruger & Company, Inc. will post 2.31 EPS for the current fiscal year.

Sturm, Ruger & Company, Inc. Increases Dividend

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

Analysts Set New Price Targets

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

About Sturm, Ruger & Company, Inc.

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.