Rhumbline Advisers trimmed its holdings in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 2.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 39,732 shares of the company’s stock after selling 1,155 shares during the period. Rhumbline Advisers owned approximately 0.23% of Sturm, Ruger & Company, Inc. worth $2,054,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in RGR. Advisor Group Inc. lifted its holdings in Sturm, Ruger & Company, Inc. by 9.7% during the 3rd quarter. Advisor Group Inc. now owns 13,617 shares of the company’s stock valued at $705,000 after purchasing an additional 1,207 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its holdings in Sturm, Ruger & Company, Inc. by 39.5% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 8,200 shares of the company’s stock valued at $424,000 after purchasing an additional 2,320 shares during the last quarter. BNP Paribas Arbitrage SA lifted its holdings in Sturm, Ruger & Company, Inc. by 32.5% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 15,771 shares of the company’s stock valued at $815,000 after purchasing an additional 3,872 shares during the last quarter. Bessemer Group Inc. raised its stake in shares of Sturm, Ruger & Company, Inc. by 197.9% in the third quarter. Bessemer Group Inc. now owns 32,490 shares of the company’s stock worth $1,680,000 after acquiring an additional 21,583 shares during the last quarter. Finally, Morgan Dempsey Capital Management LLC raised its stake in shares of Sturm, Ruger & Company, Inc. by 13.8% in the third quarter. Morgan Dempsey Capital Management LLC now owns 119,513 shares of the company’s stock worth $6,199,000 after acquiring an additional 14,490 shares during the last quarter. 84.66% of the stock is owned by institutional investors.

A number of equities analysts have weighed in on the stock. Aegis reaffirmed a “buy” rating and issued a $67.00 target price on shares of Sturm, Ruger & Company, Inc. in a research note on Friday, October 6th. Zacks Investment Research upgraded shares of Sturm, Ruger & Company, Inc. from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 19th. BidaskClub upgraded shares of Sturm, Ruger & Company, Inc. from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, TheStreet cut shares of Sturm, Ruger & Company, Inc. from a “b-” rating to a “c” rating in a research report on Thursday, August 24th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $58.00.

Shares of Sturm, Ruger & Company, Inc. (RGR) traded up $0.30 during trading hours on Tuesday, hitting $51.75. 271,500 shares of the stock traded hands, compared to its average volume of 290,237. Sturm, Ruger & Company, Inc. has a 12 month low of $44.80 and a 12 month high of $68.80. The firm has a market cap of $896.69, a PE ratio of 15.04 and a beta of 0.08.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last issued its quarterly earnings data on Tuesday, October 31st. The company reported $0.53 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.07). The firm had revenue of $104.80 million for the quarter, compared to analyst estimates of $126.20 million. Sturm, Ruger & Company, Inc. had a net margin of 11.07% and a return on equity of 26.62%. The firm’s revenue for the quarter was down 35.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.21 EPS. equities research analysts predict that Sturm, Ruger & Company, Inc. will post 3.02 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 15th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend was Tuesday, November 14th. Sturm, Ruger & Company, Inc.’s dividend payout ratio is currently 24.56%.

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Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Company, Inc is engaged in the design, manufacture, and sale of firearms to domestic customers. The Company operates through two segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a range of federally licensed, independent wholesale distributors primarily located in the United States.

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Institutional Ownership by Quarter for Sturm, Ruger & Company, Inc. (NYSE:RGR)

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