Sturm, Ruger & Company, Inc. (NYSE:RGR) Director Christopher John Killoy Sells 8,583 Shares

Sturm, Ruger & Company, Inc. (NYSE:RGR) Director Christopher John Killoy sold 8,583 shares of the business’s stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of $37.01, for a total value of $317,656.83. Following the sale, the director now owns 41,559 shares of the company’s stock, valued at approximately $1,538,098.59. This represents a 17.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Sturm, Ruger & Company, Inc. Trading Up 1.0%

Sturm, Ruger & Company, Inc. stock traded up $0.38 during trading on Tuesday, hitting $37.64. 105,453 shares of the company were exchanged, compared to its average volume of 159,817. The business’s 50 day moving average is $37.20 and its 200 day moving average is $37.19. Sturm, Ruger & Company, Inc. has a 52 week low of $32.74 and a 52 week high of $46.40. The company has a market capitalization of $623.08 million, a P/E ratio of 21.23 and a beta of 0.11.

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

Sturm, Ruger & Company, Inc. Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were issued a dividend of $0.18 per share. The ex-dividend date was Friday, May 16th. This represents a $0.72 annualized dividend and a yield of 1.91%. Sturm, Ruger & Company, Inc.’s dividend payout ratio (DPR) is currently 39.34%.

Institutional Investors Weigh In On Sturm, Ruger & Company, Inc.

Institutional investors have recently bought and sold shares of the stock. Caxton Associates LLP purchased a new position in Sturm, Ruger & Company, Inc. in the first quarter worth $492,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Sturm, Ruger & Company, Inc. by 4.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,777 shares of the company’s stock valued at $384,000 after buying an additional 390 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Sturm, Ruger & Company, Inc. by 239.4% during the 1st quarter. AQR Capital Management LLC now owns 100,834 shares of the company’s stock valued at $3,962,000 after buying an additional 71,128 shares during the last quarter. Ancora Advisors LLC lifted its position in shares of Sturm, Ruger & Company, Inc. by 42.1% during the 1st quarter. Ancora Advisors LLC now owns 18,679 shares of the company’s stock valued at $734,000 after buying an additional 5,537 shares during the last quarter. Finally, PDT Partners LLC purchased a new position in shares of Sturm, Ruger & Company, Inc. during the 1st quarter valued at $315,000. Institutional investors own 64.00% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Sturm, Ruger & Company, Inc. from a “hold” rating to a “buy” rating in a report on Friday, May 30th.

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.