Amir Rosenthal Sells 500 Shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) Stock

Sturm, Ruger & Company, Inc. (NYSE:RGR) Director Amir Rosenthal sold 500 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $35.64, for a total transaction of $17,820.00. Following the completion of the transaction, the director now owns 17,054 shares in the company, valued at approximately $607,804.56. The trade was a 2.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Sturm, Ruger & Company, Inc. Price Performance

Sturm, Ruger & Company, Inc. stock opened at $34.52 on Wednesday. The stock has a market cap of $579.63 million, a price-to-earnings ratio of 19.95 and a beta of 0.17. The firm has a 50-day moving average of $37.43 and a two-hundred day moving average of $40.35. Sturm, Ruger & Company, Inc. has a 1 year low of $34.14 and a 1 year high of $48.20.

Sturm, Ruger & Company, Inc. Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were issued a $0.11 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.27%. Sturm, Ruger & Company, Inc.’s payout ratio is 25.43%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of RGR. GAMMA Investing LLC lifted its holdings in shares of Sturm, Ruger & Company, Inc. by 53.8% in the 3rd quarter. GAMMA Investing LLC now owns 735 shares of the company’s stock worth $31,000 after buying an additional 257 shares during the period. Aigen Investment Management LP raised its holdings in shares of Sturm, Ruger & Company, Inc. by 7.5% in the third quarter. Aigen Investment Management LP now owns 7,510 shares of the company’s stock valued at $313,000 after acquiring an additional 527 shares in the last quarter. HighTower Advisors LLC lifted its stake in Sturm, Ruger & Company, Inc. by 9.2% in the third quarter. HighTower Advisors LLC now owns 10,162 shares of the company’s stock worth $432,000 after acquiring an additional 854 shares during the period. FMR LLC lifted its stake in Sturm, Ruger & Company, Inc. by 127.6% in the third quarter. FMR LLC now owns 2,572 shares of the company’s stock worth $107,000 after acquiring an additional 1,442 shares during the period. Finally, Public Sector Pension Investment Board grew its holdings in Sturm, Ruger & Company, Inc. by 4.0% during the 2nd quarter. Public Sector Pension Investment Board now owns 38,267 shares of the company’s stock worth $1,594,000 after acquiring an additional 1,483 shares in the last quarter. Institutional investors own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Company Profile

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.