Quest Partners LLC Boosts Stock Position in Sturm, Ruger & Company, Inc. (NYSE:RGR)

Quest Partners LLC boosted its position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) by 4,027.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,877 shares of the company's stock after buying an additional 21,347 shares during the period. Quest Partners LLC owned 0.13% of Sturm, Ruger & Company, Inc. worth $912,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in RGR. GAMMA Investing LLC grew its position in Sturm, Ruger & Company, Inc. by 53.8% in the third quarter. GAMMA Investing LLC now owns 735 shares of the company's stock worth $31,000 after acquiring an additional 257 shares during the period. Aigen Investment Management LP lifted its stake in 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. Price T Rowe Associates Inc. MD lifted its stake in Sturm, Ruger & Company, Inc. by 12.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,912 shares of the company's stock worth $319,000 after purchasing an additional 762 shares in the last quarter. Public Sector Pension Investment Board lifted its stake in Sturm, Ruger & Company, Inc. by 4.0% during the second quarter. Public Sector Pension Investment Board now owns 38,267 shares of the company's stock worth $1,594,000 after purchasing an additional 1,483 shares in the last quarter. Finally, Palouse Capital Management Inc. acquired a new position in Sturm, Ruger & Company, Inc. during the second quarter worth $77,000. 64.00% of the stock is currently owned by hedge funds and other institutional investors.

Sturm, Ruger & Company, Inc. Price Performance

Shares of NYSE RGR traded up $0.05 during mid-day trading on Thursday, hitting $37.42. The company had a trading volume of 102,355 shares, compared to its average volume of 151,472. The company has a market capitalization of $628.30 million, a PE ratio of 21.60 and a beta of 0.17. Sturm, Ruger & Company, Inc. has a 1-year low of $37.18 and a 1-year high of $48.20. The business's 50-day simple moving average is $40.91 and its 200 day simple moving average is $42.00.

Sturm, Ruger & Company, Inc. Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Wednesday, November 13th. Sturm, Ruger & Company, Inc.'s payout ratio is currently 25.43%.

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.