Centiva Capital LP Invests $319,000 in Sturm, Ruger & Company, Inc. (NYSE:RGR)

Centiva Capital LP bought a new position in Sturm, Ruger & Company, Inc. (NYSE:RGR) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,654 shares of the company’s stock, valued at approximately $319,000.

Several other large investors have also made changes to their positions in the company. Paloma Partners Management Co purchased a new position in shares of Sturm, Ruger & Company, Inc. in the 3rd quarter worth $280,000. FMR LLC raised its position in shares of Sturm, Ruger & Company, Inc. by 127.6% in the 3rd quarter. FMR LLC now owns 2,572 shares of the company’s stock worth $107,000 after buying an additional 1,442 shares during the period. Intech Investment Management LLC raised its position in shares of Sturm, Ruger & Company, Inc. by 64.4% in the 3rd quarter. Intech Investment Management LLC now owns 12,279 shares of the company’s stock worth $512,000 after buying an additional 4,810 shares during the period. Quest Partners LLC raised its position in shares of Sturm, Ruger & Company, Inc. by 4,027.7% in the 3rd quarter. Quest Partners LLC now owns 21,877 shares of the company’s stock worth $912,000 after buying an additional 21,347 shares during the period. Finally, Aigen Investment Management LP raised its position in shares of Sturm, Ruger & Company, Inc. by 7.5% in the 3rd quarter. Aigen Investment Management LP now owns 7,510 shares of the company’s stock worth $313,000 after buying an additional 527 shares during the period. 64.00% of the stock is owned by hedge funds and other institutional investors.

Sturm, Ruger & Company, Inc. Trading Up 0.6 %

Shares of RGR opened at $36.99 on Wednesday. The firm has a market capitalization of $621.10 million, a P/E ratio of 21.38 and a beta of 0.16. The stock’s fifty day simple moving average is $39.85 and its 200 day simple moving average is $41.46. Sturm, Ruger & Company, Inc. has a twelve month low of $35.61 and a twelve month high of $48.20.

Sturm, Ruger & Company, Inc. Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were given a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 1.19%. The ex-dividend date was Wednesday, November 13th. Sturm, Ruger & Company, Inc.’s dividend payout ratio (DPR) is presently 25.43%.

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.