Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report)'s stock price reached a new 52-week low on Tuesday . The stock traded as low as $34.51 and last traded at $34.63, with a volume of 403823 shares changing hands. The stock had previously closed at $34.93.
Sturm, Ruger & Company, Inc. Trading Up 1.4 %
The company has a market capitalization of $589.70 million, a P/E ratio of 20.30 and a beta of 0.16. The business's fifty day moving average price is $38.82 and its 200-day moving average price is $40.93.
Sturm, Ruger & Company, Inc. Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 1.25%. The ex-dividend date was Wednesday, November 13th. Sturm, Ruger & Company, Inc.'s dividend payout ratio is currently 25.43%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in RGR. GAMMA Investing LLC boosted its holdings in Sturm, Ruger & Company, Inc. by 53.8% in the third quarter. GAMMA Investing LLC now owns 735 shares of the company's stock valued at $31,000 after acquiring an additional 257 shares in the last quarter. Palouse Capital Management Inc. bought a new stake in shares of Sturm, Ruger & Company, Inc. during the 2nd quarter valued at about $77,000. FMR LLC increased its position in shares of 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. Indiana Trust & Investment Management Co purchased a new position in shares of Sturm, Ruger & Company, Inc. during the third quarter valued at about $108,000. Finally, Dark Forest Capital Management LP bought a new position in Sturm, Ruger & Company, Inc. in the second quarter worth about $221,000. Institutional investors own 64.00% of the company's stock.
Sturm, Ruger & Company, Inc. Company Profile
(
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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.
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