Sturm, Ruger & Company, Inc. (NYSE:RGR) Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP boosted its position in Sturm, Ruger & Company, Inc. (NYSE:RGR) by 43.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,066 shares of the company’s stock after purchasing an additional 3,339 shares during the quarter. Quantbot Technologies LP owned about 0.07% of Sturm, Ruger & Company, Inc. worth $391,000 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 the company. Jones Financial Companies Lllp increased its stake in shares of Sturm, Ruger & Company, Inc. by 32.5% in the fourth quarter. Jones Financial Companies Lllp now owns 2,018 shares of the company’s stock valued at $71,000 after purchasing an additional 495 shares during the period. FMR LLC increased its position in Sturm, Ruger & Company, Inc. by 127.6% in the 3rd quarter. FMR LLC now owns 2,572 shares of the company’s stock valued at $107,000 after acquiring an additional 1,442 shares during the period. Virtu Financial LLC bought a new stake in Sturm, Ruger & Company, Inc. during the 3rd quarter valued at $260,000. Paloma Partners Management Co acquired a new position in Sturm, Ruger & Company, Inc. during the 3rd quarter worth $280,000. Finally, Centiva Capital LP bought a new position in shares of Sturm, Ruger & Company, Inc. in the third quarter worth $319,000. 64.00% of the stock is owned by institutional investors and hedge funds.

Sturm, Ruger & Company, Inc. Price Performance

Sturm, Ruger & Company, Inc. stock opened at $39.39 on Friday. Sturm, Ruger & Company, Inc. has a 12-month low of $34.11 and a 12-month high of $48.20. The stock has a market capitalization of $660.17 million, a PE ratio of 22.25 and a beta of 0.15. The firm has a 50 day simple moving average of $37.94 and a 200-day simple moving average of $38.49.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $0.62 earnings per share (EPS) for the quarter, meeting 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 during the quarter, compared to analyst estimates of $137.77 million. During the same period last year, the company posted $0.58 EPS. On average, analysts forecast that Sturm, Ruger & Company, Inc. will post 2.31 earnings per share for the current fiscal year.

Sturm, Ruger & Company, Inc. Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a dividend of $0.24 per share. This is a positive change from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.11. This represents a $0.96 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date was Friday, March 14th. Sturm, Ruger & Company, Inc.’s payout ratio is presently 54.24%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Sturm, Ruger & Company, Inc. from a “buy” rating to a “strong-buy” rating in a report 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.