1 week Ago By ABMN Staff
Invesco Ltd. grew its position in shares of Sturm, Ruger & Company, Inc. ( NYSE:RGR – Free Report ) by 3.
0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 141,773 shares of the company’s stock after purchasing an additional 4,181 shares during the period. Invesco Ltd.
’s holdings in Sturm, Ruger & Company, Inc. were worth $5,015,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also modified their holdings of RGR.
Rule One Partners LLC acquired a new stake in Sturm, Ruger & Company, Inc. during the third quarter worth approximately $9,142,000. Wellington Management Group LLP boosted its holdings in shares of Sturm, Ruger & Company, Inc.
by 71.7% during the fourth quarter. Wellington Management Group LLP now owns 411,918 shares of the company’s stock worth $14,570,000 after purchasing an additional 172,055 shares during the last quarter.
Norges Bank purchased a new stake in shares of Sturm, Ruger & Company, Inc. in the fourth quarter valued at $3,493,000. Teacher Retirement System of Texas increased its stake in Sturm, Ruger & Company, Inc.
by 74.8% in the fourth quarter. Teacher Retirement System of Texas now owns 131,093 shares of the company’s stock valued at $4,637,000 after purchasing an additional 56,087 shares during the last quarter.
Finally, Arrowstreet Capital Limited Partnership purchased a new position in Sturm, Ruger & Company, Inc. during the fourth quarter worth about $1,895,000. 64.
00% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth 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. Stock Performance Shares of RGR stock opened at $40.
29 on Friday. The firm has a market capitalization of $667.00 million, a price-to-earnings ratio of 22.
76 and a beta of 0.22. Sturm, Ruger & Company, Inc.
has a one year low of $34.11 and a one year high of $47.27.
The company has a 50 day moving average price of $39.31 and a 200 day moving average price of $38.09.
Sturm, Ruger & Company, Inc. ( NYSE:RGR – Get Free Report ) last issued its earnings results on Wednesday, February 19th. The company reported $0.
62 earnings per share 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 period last year, the company posted $0.58 EPS. As a group, equities analysts forecast that Sturm, Ruger & Company, Inc.
will post 2.31 EPS for the current fiscal year. Sturm, Ruger & Company, Inc.
Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were paid a $0.24 dividend.
This is a positive change from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.11.
This represents a $0.96 annualized dividend and a dividend yield of 2.38%.
The ex-dividend date of this dividend was Friday, March 14th. Sturm, Ruger & Company, Inc.’s payout ratio is currently 54.
24%. Sturm, Ruger & Company, Inc. Company 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 Stories Want to see what other hedge funds are holding RGR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Sturm, Ruger & Company, Inc. ( NYSE:RGR – Free Report ). Receive News & Ratings for Sturm Ruger & Company Inc.
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