1 week Ago By Defense World Staff
Invesco Ltd. grew its position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR – Free Report) by 3.
0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 141,773 shares of the company’s stock after buying an additional 4,181 shares during the quarter. Invesco Ltd.
owned 0.84% of Sturm, Ruger & Company, Inc. worth $5,015,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in RGR. Jones Financial Companies Lllp raised its holdings in 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 purchasing an additional 495 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Sturm, Ruger & Company, Inc.
during the 4th quarter worth approximately $245,000. Virtu Financial LLC purchased a new position in shares of Sturm, Ruger & Company, Inc. during the 3rd quarter worth approximately $260,000.
Inceptionr LLC acquired a new stake in shares of Sturm, Ruger & Company, Inc. in the 4th quarter valued at approximately $321,000. Finally, Quantbot Technologies LP boosted its stake in shares of Sturm, Ruger & Company, Inc.
by 43.2% in the fourth quarter. Quantbot Technologies LP now owns 11,066 shares of the company’s stock valued at $391,000 after buying an additional 3,339 shares in the last quarter.
Institutional investors and hedge funds own 64.00% of the company’s stock. Sturm, Ruger & Company, Inc.
Trading Up 0.0 %RGR stock opened at $40.29 on Friday.
The company’s 50-day moving average price is $39.31 and its 200 day moving average price is $38.09.
Sturm, Ruger & Company, Inc. has a 52 week low of $34.11 and a 52 week high of $47.
27. The company has a market cap of $667.00 million, a P/E ratio of 22.
76 and a beta of 0.22. Sturm, Ruger & Company, Inc.
(NYSE:RGR – Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.62 EPS for the quarter, hitting the consensus estimate of $0.
62. Sturm, Ruger & Company, Inc. had a return on equity of 9.
49% and a net margin of 5.70%. The business had revenue of $145.
78 million for the quarter, compared to analyst estimates of $137.77 million. During the same quarter in the previous year, the company earned $0.
58 EPS. On average, equities research analysts expect that Sturm, Ruger & Company, Inc. will post 2.
31 earnings per share for the current year. Sturm, Ruger & Company, Inc. Increases DividendThe company also recently announced a quarterly dividend, which was paid on Friday, March 28th.
Shareholders of record on Friday, March 14th were issued a $0.24 dividend. This is a positive change from Sturm, Ruger & Company, Inc.
’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, March 14th.
This represents a $0.96 annualized dividend and a yield of 2.38%.
Sturm, Ruger & Company, Inc.’s dividend payout ratio is 54.24%.
Wall Street Analyst Weigh InSeparately, StockNews.com upgraded Sturm, Ruger & Company, Inc. from a “buy” rating to a “strong-buy” rating in a research report on Monday, February 24th.
Read Our Latest Stock Report on Sturm, Ruger & Company, Inc.Sturm, Ruger & Company, Inc. Profile (Free Report)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.Recommended StoriesFive stocks we like better than Sturm, Ruger & Company, Inc.
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