Nisa Investment Advisors LLC Purchases 337 Shares of Sturm, Ruger & Company, Inc. (NYSE:RGR)

Nisa Investment Advisors LLC lifted its position in Sturm, Ruger & Company, Inc. (NYSE:RGR) by 3.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,125 shares of the company’s stock after acquiring an additional 337 shares during the quarter. Nisa Investment Advisors LLC owned approximately 0.07% of Sturm, Ruger & Company, Inc. worth $437,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Sturm, Ruger & Company, Inc. by 748.1% in the 1st quarter. GAMMA Investing LLC now owns 653 shares of the company’s stock worth $26,000 after acquiring an additional 576 shares in the last quarter. Byrne Asset Management LLC boosted its holdings in shares of Sturm, Ruger & Company, Inc. by 115.1% in the 1st quarter. Byrne Asset Management LLC now owns 968 shares of the company’s stock worth $38,000 after buying an additional 518 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Sturm, Ruger & Company, Inc. by 18,642.9% in the 1st quarter. Parallel Advisors LLC now owns 1,312 shares of the company’s stock worth $52,000 after buying an additional 1,305 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. boosted its holdings 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 worth $59,000 after buying an additional 1,288 shares during the last quarter. Finally, iSAM Funds UK Ltd purchased a new position in shares of Sturm, Ruger & Company, Inc. in the 4th quarter worth about $209,000. Institutional investors own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Stock Performance

RGR stock opened at $35.50 on Thursday. The company has a market capitalization of $587.80 million, a price-to-earnings ratio of 19.40 and a beta of 0.10. Sturm, Ruger & Company, Inc. has a fifty-two week low of $32.74 and a fifty-two week high of $46.01. The stock has a fifty day moving average of $36.33 and a 200-day moving average of $37.16.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.65 by ($0.19). The firm had revenue of $135.74 million for the quarter, compared to the consensus estimate of $148.05 million. Sturm, Ruger & Company, Inc. had a return on equity of 9.78% and a net margin of 5.84%. The firm’s revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS. Equities analysts predict that Sturm, Ruger & Company, Inc. will post 2.31 EPS for the current year.

Sturm, Ruger & Company, Inc. Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Friday, May 16th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $0.72 annualized dividend and a dividend yield of 2.03%. Sturm, Ruger & Company, Inc.’s payout ratio is 39.34%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of Sturm, Ruger & Company, Inc. from a “buy” rating to a “hold” rating in a report on Sunday, June 29th.

Insider Transactions at Sturm, Ruger & Company, Inc.

In related news, VP Sarah F. Colbert sold 8,000 shares of the stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $35.80, for a total transaction of $286,400.00. Following the sale, the vice president owned 564 shares of the company’s stock, valued at approximately $20,191.20. This represents a 93.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Christopher John Killoy sold 8,583 shares of Sturm, Ruger & Company, Inc. stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $37.01, for a total value of $317,656.83. Following the transaction, the director directly owned 41,559 shares of the company’s stock, valued at $1,538,098.59. The trade was a 17.12% decrease in their position. The disclosure for this sale can be found here. 4.60% of the stock is owned by company insiders.

Sturm, Ruger & Company, Inc. Company 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.