2 weeks Ago By ABMN Staff
XTX Topco Ltd bought a new position in shares of Sturm, Ruger & Company, Inc. ( NYSE:RGR – Free Report ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 14,769 shares of the company’s stock, valued at approximately $522,000.
XTX Topco Ltd owned 0.09% of Sturm, Ruger & Company, Inc. as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of RGR. Barclays PLC grew its position in Sturm, Ruger & Company, Inc. by 1.
1% during the 4th quarter. Barclays PLC now owns 32,453 shares of the company’s stock worth $1,148,000 after purchasing an additional 356 shares in the last quarter. Jones Financial Companies Lllp grew its holdings 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 valued at $71,000 after buying an additional 495 shares in the last quarter.
Martingale Asset Management L P raised its position in Sturm, Ruger & Company, Inc. by 2.5% during the fourth quarter.
Martingale Asset Management L P now owns 23,666 shares of the company’s stock valued at $837,000 after buying an additional 588 shares during the period. HighTower Advisors LLC raised its position in Sturm, Ruger & Company, Inc. by 9.
2% during the third quarter. HighTower Advisors LLC now owns 10,162 shares of the company’s stock valued at $432,000 after buying an additional 854 shares during the period. Finally, FMR LLC lifted its stake in Sturm, Ruger & Company, Inc.
by 127.6% in 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 in the last quarter.
64.00% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth Separately, StockNews.
com upgraded Sturm, Ruger & Company, Inc. from a “buy” rating to a “strong-buy” rating in a report on Monday, February 24th. Sturm, Ruger & Company, Inc.
Stock Up 1.1 % RGR stock opened at $39.21 on Monday.
Sturm, Ruger & Company, Inc. has a 12-month low of $34.11 and a 12-month high of $47.
28. The company has a 50 day moving average of $38.89 and a two-hundred day moving average of $38.
11. The company has a market cap of $657.15 million, a price-to-earnings ratio of 22.
15 and a beta of 0.22. Sturm, Ruger & Company, Inc.
( NYSE:RGR – Get Free Report ) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.62 earnings per share for the quarter, meeting the consensus estimate of $0.
62. Sturm, Ruger & Company, Inc. had a net margin of 5.
70% and a return on equity of 9.49%. The firm had revenue of $145.
78 million for the quarter, compared to analyst estimates of $137.77 million. During the same quarter last year, the firm earned $0.
58 earnings per share. On average, research analysts anticipate that Sturm, Ruger & Company, Inc. will post 2.
31 EPS for the current year. Sturm, Ruger & Company, Inc. Increases Dividend The business 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 a positive change from Sturm, Ruger & Company, Inc.
’s previous quarterly dividend of $0.11. This represents a $0.
96 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend was Friday, March 14th.
Sturm, Ruger & Company, Inc.’s payout ratio is 54.24%.
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. Further Reading 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.
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