Dimensional Fund Advisors LP Invests $552,000 in Sturm, Ruger & Company, Inc. (NYSE:RGR)

Dimensional Fund Advisors LP bought a new stake in Sturm, Ruger & Company, Inc. (NYSE:RGR) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 13,265 shares of the company’s stock, valued at approximately $552,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wellington Management Group LLP grew its holdings in shares of Sturm, Ruger & Company, Inc. by 16.1% during the fourth quarter. Wellington Management Group LLP now owns 119,211 shares of the company’s stock worth $5,418,000 after purchasing an additional 16,553 shares during the last quarter. Vanguard Group Inc. grew its stake in Sturm, Ruger & Company, Inc. by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 2,032,974 shares of the company’s stock worth $92,399,000 after buying an additional 35,815 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Sturm, Ruger & Company, Inc. by 28.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,618 shares of the company’s stock worth $74,000 after buying an additional 355 shares during the period. CWM LLC lifted its stake in Sturm, Ruger & Company, Inc. by 187.0% in the first quarter. CWM LLC now owns 1,346 shares of the company’s stock valued at $62,000 after buying an additional 877 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Sturm, Ruger & Company, Inc. by 1,888.1% in the first quarter. Commonwealth Equity Services LLC now owns 167,939 shares of the company’s stock valued at $7,750,000 after acquiring an additional 159,492 shares during the period. 64.00% of the stock is currently owned by institutional investors and hedge funds.

Sturm, Ruger & Company, Inc. Trading Up 0.5 %

Shares of RGR opened at $41.33 on Monday. The company’s 50 day simple moving average is $41.52 and its 200-day simple moving average is $43.14. The firm has a market cap of $696.41 million, a PE ratio of 22.10 and a beta of 0.16. Sturm, Ruger & Company, Inc. has a 12-month low of $40.21 and a 12-month high of $55.94.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.29). The business had revenue of $130.76 million for the quarter, compared to analysts’ expectations of $137.60 million. Sturm, Ruger & Company, Inc. had a return on equity of 10.00% and a net margin of 6.36%. The company’s revenue for the quarter was down 8.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.91 earnings per share. As a group, equities research analysts forecast that Sturm, Ruger & Company, Inc. will post 2.19 EPS for the current fiscal year.

Sturm, Ruger & Company, Inc. Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were issued a dividend of $0.19 per share. The ex-dividend date was Thursday, August 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.84%. This is a positive change from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.16. Sturm, Ruger & Company, Inc.’s dividend payout ratio (DPR) is currently 40.64%.

Insider Activity at Sturm, Ruger & Company, Inc.

In other news, VP Sarah F. Colbert sold 2,000 shares of Sturm, Ruger & Company, Inc. stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $45.14, for a total value of $90,280.00. Following the sale, the vice president now owns 32,080 shares of the company’s stock, valued at $1,448,091.20. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.50% of the stock is currently owned by insiders.

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.