Sturm, Ruger & Company, Inc. (NYSE:RGR) Reaches New 52-Week Low - Should You Sell?

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) shares hit a new 52-week low on Monday . The company traded as low as $34.14 and last traded at $34.50, with a volume of 21196 shares changing hands. The stock had previously closed at $34.65.

Sturm, Ruger & Company, Inc. Stock Up 0.0 %

The company's fifty day moving average price is $38.12 and its two-hundred day moving average price is $40.65. The company has a market cap of $581.98 million, a price-to-earnings ratio of 20.03 and a beta of 0.16.

Sturm, Ruger & Company, Inc. Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date was Wednesday, November 13th. Sturm, Ruger & Company, Inc.'s dividend payout ratio (DPR) is presently 25.43%.

Institutional Trading of Sturm, Ruger & Company, Inc.

A number of institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp lifted its position in shares of Sturm, Ruger & Company, Inc. by 6.9% in the second quarter. Bank of New York Mellon Corp now owns 207,639 shares of the company's stock worth $8,648,000 after purchasing an additional 13,460 shares in the last quarter. Rhumbline Advisers increased its stake in Sturm, Ruger & Company, Inc. by 15.6% in the 2nd quarter. Rhumbline Advisers now owns 46,685 shares of the company's stock valued at $1,944,000 after buying an additional 6,306 shares during the last quarter. Texas Permanent School Fund Corp lifted its position in Sturm, Ruger & Company, Inc. by 33.7% during the 2nd quarter. Texas Permanent School Fund Corp now owns 20,734 shares of the company's stock worth $864,000 after buying an additional 5,223 shares in the last quarter. Dimensional Fund Advisors LP acquired a new position in shares of Sturm, Ruger & Company, Inc. during the 2nd quarter worth about $552,000. Finally, Palouse Capital Management Inc. acquired a new position in shares of Sturm, Ruger & Company, Inc. during the 2nd quarter worth about $77,000. 64.00% of the stock is currently owned by institutional investors.

Remove Ads

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.