Vanguard Group Inc. Has $54.19 Million Stock Holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR)

Vanguard Group Inc. cut its position in Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) by 21.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,532,034 shares of the company's stock after selling 406,376 shares during the quarter. Vanguard Group Inc. owned about 9.12% of Sturm, Ruger & Company, Inc. worth $54,188,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RGR. Jones Financial Companies Lllp boosted its position in shares of Sturm, Ruger & Company, Inc. by 32.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,018 shares of the company's stock worth $71,000 after buying an additional 495 shares during the period. HighTower Advisors LLC boosted its position in Sturm, Ruger & Company, Inc. by 9.2% during the 3rd quarter. HighTower Advisors LLC now owns 10,162 shares of the company's stock worth $432,000 after acquiring an additional 854 shares during the period. FMR LLC boosted its position in Sturm, Ruger & Company, Inc. by 127.6% during the 3rd quarter. FMR LLC now owns 2,572 shares of the company's stock worth $107,000 after acquiring an additional 1,442 shares during the period. Rhumbline Advisers grew its stake in shares of Sturm, Ruger & Company, Inc. by 4.5% in the fourth quarter. Rhumbline Advisers now owns 44,956 shares of the company's stock worth $1,590,000 after purchasing an additional 1,918 shares in the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of Sturm, Ruger & Company, Inc. by 2.4% during the fourth quarter. Principal Financial Group Inc. now owns 81,537 shares of the company's stock valued at $2,884,000 after purchasing an additional 1,937 shares during the period. 64.00% of the stock is owned by institutional investors and hedge funds.

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Sturm, Ruger & Company, Inc. Stock Up 0.3 %

NYSE RGR traded up $0.10 on Thursday, reaching $38.88. 13,574 shares of the stock traded hands, compared to its average volume of 141,719. Sturm, Ruger & Company, Inc. has a 12 month low of $34.11 and a 12 month high of $47.28. The company has a market cap of $651.71 million, a price-to-earnings ratio of 21.97 and a beta of 0.22. The firm's fifty day simple moving average is $38.75 and its 200 day simple moving average is $38.19.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last released its 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 return on equity of 9.49% and a net margin of 5.70%. The firm had revenue of $145.78 million for the quarter, compared to analyst estimates of $137.77 million. During the same period in the previous year, the company earned $0.58 earnings per share. As a group, equities research analysts forecast 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 announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a $0.24 dividend. This is an increase from Sturm, Ruger & Company, Inc.'s previous quarterly dividend of $0.11. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date of this dividend was Friday, March 14th. Sturm, Ruger & Company, Inc.'s payout ratio is presently 54.24%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Sturm, Ruger & Company, Inc. from a "buy" rating to a "strong-buy" rating in a research note on Monday, February 24th.

Sturm, Ruger & Company, Inc. Profile

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.