New York State Teachers Retirement System Decreases Stock Holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR)

New York State Teachers Retirement System lessened its stake in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,398 shares of the company’s stock after selling 500 shares during the quarter. New York State Teachers Retirement System owned about 0.11% of Sturm, Ruger & Company, Inc. worth $767,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in Sturm, Ruger & Company, Inc. by 4.3% during the first quarter. Vanguard Group Inc. now owns 2,119,506 shares of the company’s stock valued at $97,815,000 after acquiring an additional 86,532 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Sturm, Ruger & Company, Inc. by 112.7% during the 2nd quarter. Assenagon Asset Management S.A. now owns 142,729 shares of the company’s stock valued at $5,945,000 after purchasing an additional 75,625 shares during the last quarter. Impala Asset Management LLC purchased a new stake in shares of Sturm, Ruger & Company, Inc. during the 2nd quarter valued at about $2,228,000. Deprince Race & Zollo Inc. bought a new position in shares of Sturm, Ruger & Company, Inc. in the 2nd quarter worth approximately $1,984,000. Finally, SG Americas Securities LLC purchased a new position in shares of Sturm, Ruger & Company, Inc. in the second quarter worth approximately $1,332,000. 64.00% of the stock is currently owned by institutional investors.

Sturm, Ruger & Company, Inc. Trading Up 0.1 %

Shares of NYSE RGR opened at $41.06 on Monday. Sturm, Ruger & Company, Inc. has a 12-month low of $38.13 and a 12-month high of $48.20. The firm has a market capitalization of $689.40 million, a price-to-earnings ratio of 23.73 and a beta of 0.17. The firm has a 50 day moving average of $41.27 and a 200 day moving average of $42.43.

Sturm, Ruger & Company, Inc. Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a $0.11 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $0.44 annualized dividend and a dividend yield of 1.07%. Sturm, Ruger & Company, Inc.’s dividend payout ratio (DPR) is 43.93%.

About Sturm, Ruger & Company, Inc.

Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern 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.