UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stock Holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 24.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,921 shares of the company’s stock after purchasing an additional 7,531 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.23% of Sturm, Ruger & Company, Inc. worth $1,341,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of RGR. iSAM Funds UK Ltd purchased a new stake in shares of Sturm, Ruger & Company, Inc. during the 4th quarter valued at approximately $209,000. Sherbrooke Park Advisers LLC purchased a new stake in Sturm, Ruger & Company, Inc. in the fourth quarter valued at $250,000. Point72 Asia Singapore Pte. Ltd. lifted its stake in shares of Sturm, Ruger & Company, Inc. by 351.0% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,655 shares of the company’s stock valued at $59,000 after purchasing an additional 1,288 shares during the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Sturm, Ruger & Company, Inc. in the 4th quarter valued at $248,000. Finally, Marathon Partners Equity Management LLC purchased a new position in shares of Sturm, Ruger & Company, Inc. during the 4th quarter worth $1,150,000. 64.00% of the stock is currently owned by institutional investors and hedge funds.

Sturm, Ruger & Company, Inc. Stock Performance

Sturm, Ruger & Company, Inc. stock opened at $35.90 on Monday. The company’s 50 day simple moving average is $37.24 and its 200-day simple moving average is $37.19. Sturm, Ruger & Company, Inc. has a 1 year low of $32.74 and a 1 year high of $46.40. The company has a market capitalization of $594.32 million, a price-to-earnings ratio of 20.28 and a beta of 0.11.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last announced its earnings results on Wednesday, April 30th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.19). Sturm, Ruger & Company, Inc. had a net margin of 5.70% and a return on equity of 9.49%. The firm had revenue of $135.74 million during the quarter, compared to analysts’ expectations of $148.05 million. During the same period in the previous year, the firm earned $0.40 EPS. The firm’s revenue for the quarter was down .8% compared to the same quarter last year. Equities analysts expect that Sturm, Ruger & Company, Inc. will post 2.31 earnings per share for the current year.

Sturm, Ruger & Company, Inc. Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 2.01%. The ex-dividend date was Friday, May 16th. Sturm, Ruger & Company, Inc.’s payout ratio is 39.34%.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Sturm, Ruger & Company, Inc. from a “hold” rating to a “buy” rating in a report on Friday, May 30th.

Insider Buying and Selling

In other Sturm, Ruger & Company, Inc. news, VP Sarah F. Colbert sold 8,000 shares of the firm’s stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $35.80, for a total value of $286,400.00. Following the completion of the transaction, the vice president now owns 564 shares of the company’s stock, valued at $20,191.20. This trade represents a 93.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Timothy Lowney acquired 2,200 shares of the business’s stock in a transaction dated Tuesday, May 6th. The shares were bought at an average cost of $33.37 per share, for a total transaction of $73,414.00. Following the transaction, the vice president now directly owns 8,874 shares of the company’s stock, valued at approximately $296,125.38. This trade represents a 32.96% increase in their position. The disclosure for this purchase can be found here. 4.60% of the stock is owned by corporate insiders.

Sturm, Ruger & Company, Inc. Profile

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.