Dimensional Fund Advisors LP Takes $552,000 Position in Sturm, Ruger & Company, Inc. (NYSE:RGR)

Dimensional Fund Advisors LP purchased a new position in Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,265 shares of the company's stock, valued at approximately $552,000. Dimensional Fund Advisors LP owned approximately 0.08% of Sturm, Ruger & Company, Inc. as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC raised its stake in Sturm, Ruger & Company, Inc. by 1,888.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 167,939 shares of the company's stock worth $7,750,000 after acquiring an additional 159,492 shares during the period. Vanguard Group Inc. lifted its stake in shares of Sturm, Ruger & Company, Inc. by 4.3% during the 1st quarter. Vanguard Group Inc. now owns 2,119,506 shares of the company's stock valued at $97,815,000 after buying an additional 86,532 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Sturm, Ruger & Company, Inc. by 112.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 142,729 shares of the company's stock valued at $5,945,000 after buying an additional 75,625 shares in the last quarter. SG Americas Securities LLC bought a new position in Sturm, Ruger & Company, Inc. in the 2nd quarter worth $1,332,000. Finally, Wellington Management Group LLP lifted its position in shares of Sturm, Ruger & Company, Inc. by 16.1% in the fourth quarter. Wellington Management Group LLP now owns 119,211 shares of the company's stock valued at $5,418,000 after acquiring an additional 16,553 shares in the last quarter. Institutional investors own 64.00% of the company's stock.

Sturm, Ruger & Company, Inc. Price Performance

Shares of NYSE RGR traded up $0.01 during mid-day trading on Monday, reaching $41.34. The company's stock had a trading volume of 59,930 shares, compared to its average volume of 146,891. Sturm, Ruger & Company, Inc. has a 52 week low of $40.21 and a 52 week high of $55.94. The stock has a fifty day moving average of $41.52 and a two-hundred day moving average of $43.14. The firm has a market capitalization of $696.58 million, a PE ratio of 22.11 and a beta of 0.16.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.29). The business had revenue of $130.76 million during the quarter, compared to the consensus estimate of $137.60 million. Sturm, Ruger & Company, Inc. had a return on equity of 10.00% and a net margin of 6.36%. The company's revenue for the quarter was down 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.91 earnings per share. Analysts anticipate that Sturm, Ruger & Company, Inc. will post 2.19 EPS for the current fiscal year.

Sturm, Ruger & Company, Inc. Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were issued a $0.19 dividend. This is an increase from Sturm, Ruger & Company, Inc.'s previous quarterly dividend of $0.16. This represents a $0.76 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend was Thursday, August 15th. Sturm, Ruger & Company, Inc.'s payout ratio is currently 40.64%.

Insiders Place Their Bets

In other news, VP Sarah F. Colbert sold 2,000 shares of the firm's stock in a transaction dated Wednesday, July 17th. The stock was sold at an average price of $45.14, for a total transaction of $90,280.00. Following the completion of the transaction, the vice president now owns 32,080 shares in the company, valued at $1,448,091.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 3.50% of the company's stock.

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.