Public Employees Retirement Association of Colorado Has $52,000 Stock Holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR)

Public Employees Retirement Association of Colorado lowered its position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 52.1% in the fourth quarter, Holdings Channel reports. The firm owned 1,467 shares of the company’s stock after selling 1,595 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Sturm, Ruger & Company, Inc. were worth $52,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp grew its holdings in shares of Sturm, Ruger & Company, Inc. by 32.5% in the 4th quarter. Jones Financial Companies Lllp now owns 2,018 shares of the company’s stock valued at $71,000 after buying an additional 495 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of Sturm, Ruger & Company, Inc. in the fourth quarter worth about $245,000. Virtu Financial LLC acquired a new stake in shares of Sturm, Ruger & Company, Inc. during the third quarter worth about $260,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Sturm, Ruger & Company, Inc. by 12.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,206 shares of the company’s stock valued at $291,000 after purchasing an additional 907 shares in the last quarter. Finally, Inceptionr LLC acquired a new position in shares of Sturm, Ruger & Company, Inc. in the 4th quarter valued at approximately $321,000. Institutional investors own 64.00% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Sturm, Ruger & Company, Inc. from a “buy” rating to a “strong-buy” rating in a report on Monday, February 24th.

Sturm, Ruger & Company, Inc. Trading Up 2.3 %

Shares of NYSE RGR opened at $34.99 on Friday. The company has a fifty day moving average price of $39.22 and a 200 day moving average price of $38.00. Sturm, Ruger & Company, Inc. has a 1-year low of $33.80 and a 1-year high of $47.27. The firm has a market cap of $579.26 million, a PE ratio of 19.77 and a beta of 0.22.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.19). The firm had revenue of $135.74 million for the quarter, compared to the consensus estimate of $148.05 million. Sturm, Ruger & Company, Inc. had a return on equity of 9.49% and a net margin of 5.70%. The firm’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.40 earnings per share. Equities research analysts forecast that Sturm, Ruger & Company, Inc. will post 2.31 EPS for the current year.

Sturm, Ruger & Company, Inc. Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Friday, May 16th. Sturm, Ruger & Company, Inc.’s dividend payout ratio is presently 54.24%.

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 through 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.