Sturm, Ruger & Company, Inc. (NYSE:RGR) Shares Bought by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC lifted its holdings in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 51,473 shares of the company’s stock after buying an additional 2,733 shares during the period. Exchange Traded Concepts LLC owned approximately 0.31% of Sturm, Ruger & Company, Inc. worth $1,821,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its position in Sturm, Ruger & Company, Inc. by 53.8% during the 3rd quarter. GAMMA Investing LLC now owns 735 shares of the company’s stock worth $31,000 after acquiring an additional 257 shares during the period. FMR LLC raised its stake in shares of Sturm, Ruger & Company, Inc. by 127.6% during the third quarter. FMR LLC now owns 2,572 shares of the company’s stock worth $107,000 after purchasing an additional 1,442 shares during the last quarter. Indiana Trust & Investment Management Co acquired a new stake in shares of Sturm, Ruger & Company, Inc. during the third quarter worth $108,000. Dark Forest Capital Management LP purchased a new position in Sturm, Ruger & Company, Inc. in the 2nd quarter valued at $221,000. Finally, Virtu Financial LLC purchased a new position in Sturm, Ruger & Company, Inc. in the 3rd quarter valued at $260,000. Hedge funds and other institutional investors own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Stock Performance

Shares of Sturm, Ruger & Company, Inc. stock opened at $36.11 on Monday. Sturm, Ruger & Company, Inc. has a one year low of $34.11 and a one year high of $48.20. The company has a market cap of $606.29 million, a P/E ratio of 20.87 and a beta of 0.17. The firm has a fifty day moving average of $36.22 and a two-hundred day moving average of $39.82.

Sturm, Ruger & Company, Inc. Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.44 dividend on an annualized basis and a yield of 1.22%. Sturm, Ruger & Company, Inc.’s payout ratio is currently 25.43%.

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 under 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.