GSA Capital Partners LLP Sells 7,281 Shares of Sturm, Ruger & Company, Inc. (NYSE:RGR)

GSA Capital Partners LLP lowered its position in Sturm, Ruger & Company, Inc. (NYSE:RGR) by 48.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 7,669 shares of the company’s stock after selling 7,281 shares during the period. GSA Capital Partners LLP’s holdings in Sturm, Ruger & Company, Inc. were worth $320,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. 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 valued at $31,000 after acquiring an additional 257 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in Sturm, Ruger & Company, Inc. by 12.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,912 shares of the company’s stock worth $319,000 after purchasing an additional 762 shares during the period. Public Sector Pension Investment Board raised its position in Sturm, Ruger & Company, Inc. by 4.0% in the 2nd quarter. Public Sector Pension Investment Board now owns 38,267 shares of the company’s stock worth $1,594,000 after purchasing an additional 1,483 shares during the period. Palouse Capital Management Inc. purchased a new stake in Sturm, Ruger & Company, Inc. in the 2nd quarter worth about $77,000. Finally, Indiana Trust & Investment Management Co purchased a new stake in Sturm, Ruger & Company, Inc. in the 3rd quarter worth about $108,000. Institutional investors own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Price Performance

Sturm, Ruger & Company, Inc. stock opened at $37.94 on Friday. Sturm, Ruger & Company, Inc. has a 1-year low of $37.18 and a 1-year high of $48.20. The firm has a market capitalization of $637.01 million, a P/E ratio of 21.63 and a beta of 0.17. The company’s 50-day moving average is $40.84 and its 200 day moving average is $41.97.

Sturm, Ruger & Company, Inc. Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a dividend of $0.11 per share. The ex-dividend date is Wednesday, November 13th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.16%. Sturm, Ruger & Company, Inc.’s dividend payout ratio is presently 25.43%.

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.