Sturm, Ruger & Company, Inc. (NYSE:RGR) Director Sells $60,090.55 in Stock

Sturm, Ruger & Company, Inc. (NYSE:RGRGet Rating) Director C Michael Jacobi sold 965 shares of the stock in a transaction that occurred on Thursday, May 19th. The shares were sold at an average price of $62.27, for a total value of $60,090.55. Following the sale, the director now owns 2,388 shares of the company’s stock, valued at approximately $148,700.76. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

C Michael Jacobi also recently made the following trade(s):

  • On Monday, May 16th, C Michael Jacobi sold 3,006 shares of Sturm, Ruger & Company, Inc. stock. The shares were sold at an average price of $65.82, for a total value of $197,854.92.

Shares of NYSE:RGR traded up $0.58 during trading on Friday, reaching $63.56. 4,798 shares of the stock were exchanged, compared to its average volume of 147,309. The firm has a market cap of $1.12 billion, a PE ratio of 7.57 and a beta of 0.42. The stock has a 50-day moving average price of $69.86 and a 200-day moving average price of $69.24. Sturm, Ruger & Company, Inc. has a 12 month low of $62.00 and a 12 month high of $92.49.

Sturm, Ruger & Company, Inc. (NYSE:RGRGet Rating) last posted its quarterly earnings data on Wednesday, May 4th. The company reported $1.70 earnings per share for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.03). The company had revenue of $166.60 million during the quarter, compared to analyst estimates of $164.64 million. Sturm, Ruger & Company, Inc. had a net margin of 20.75% and a return on equity of 42.30%. The business’s revenue for the quarter was down 9.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.16 earnings per share. On average, analysts anticipate that Sturm, Ruger & Company, Inc. will post 5.48 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 31st. Investors of record on Monday, May 16th will be paid a $0.68 dividend. The ex-dividend date of this dividend is Friday, May 13th. This represents a $2.72 dividend on an annualized basis and a yield of 4.28%. Sturm, Ruger & Company, Inc.’s dividend payout ratio is 32.69%.

Several research analysts have recently issued reports on the company. StockNews.com upgraded Sturm, Ruger & Company, Inc. from a “hold” rating to a “buy” rating in a research report on Wednesday. Zacks Investment Research lowered Sturm, Ruger & Company, Inc. from a “buy” rating to a “hold” rating in a report on Friday.

A number of large investors have recently made changes to their positions in RGR. SG Americas Securities LLC increased its position in shares of Sturm, Ruger & Company, Inc. by 4.7% during the fourth quarter. SG Americas Securities LLC now owns 4,697 shares of the company’s stock valued at $319,000 after buying an additional 210 shares during the period. AE Wealth Management LLC boosted its holdings in Sturm, Ruger & Company, Inc. by 9.6% in the fourth quarter. AE Wealth Management LLC now owns 3,962 shares of the company’s stock worth $269,000 after purchasing an additional 347 shares during the last quarter. WINTON GROUP Ltd boosted its holdings in Sturm, Ruger & Company, Inc. by 39.1% in the fourth quarter. WINTON GROUP Ltd now owns 34,697 shares of the company’s stock worth $2,360,000 after purchasing an additional 9,760 shares during the last quarter. National Asset Management Inc. raised its position in Sturm, Ruger & Company, Inc. by 5.4% in the fourth quarter. National Asset Management Inc. now owns 49,670 shares of the company’s stock worth $3,379,000 after acquiring an additional 2,560 shares during the period. Finally, Cetera Advisor Networks LLC raised its position in Sturm, Ruger & Company, Inc. by 16.5% in the third quarter. Cetera Advisor Networks LLC now owns 3,649 shares of the company’s stock worth $269,000 after acquiring an additional 518 shares during the period. 68.17% of the stock is owned by hedge funds and other institutional investors.

About Sturm, Ruger & Company, Inc. (Get Rating)

Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. It operates through two segments, Firearms and Castings. The company provides single-shot, autoloading, bolt-action, and sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark.

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