Sturm, Ruger & Company, Inc. (NYSE:RGR) Director Sells $15,480.00 in Stock

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) Director Amir Rosenthal sold 500 shares of the business's stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $30.96, for a total value of $15,480.00. Following the completion of the sale, the director owned 20,049 shares of the company's stock, valued at $620,717.04. The trade was a 2.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Sturm, Ruger & Company, Inc. Price Performance

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NYSE RGR traded down $0.91 on Monday, reaching $30.35. 352,830 shares of the company's stock traded hands, compared to its average volume of 188,308. The stock has a market cap of $483.90 million, a PE ratio of 97.90 and a beta of 0.13. Sturm, Ruger & Company, Inc. has a 12 month low of $30.09 and a 12 month high of $48.21. The stock has a 50-day simple moving average of $41.38 and a 200 day simple moving average of $37.53.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by ($0.26). Sturm, Ruger & Company, Inc. had a net margin of 1.07% and a return on equity of 9.53%. The business had revenue of $126.77 million during the quarter, compared to analysts' expectations of $124.22 million. During the same period last year, the company posted $0.28 EPS. Sturm, Ruger & Company, Inc.'s revenue for the quarter was up 3.7% on a year-over-year basis. As a group, analysts anticipate that Sturm, Ruger & Company, Inc. will post 2.31 EPS for the current year.

Sturm, Ruger & Company, Inc. Cuts Dividend

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The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Monday, November 17th will be paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, November 17th. Sturm, Ruger & Company, Inc.'s dividend payout ratio (DPR) is 123.08%.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a "sell (d+)" rating on shares of Sturm, Ruger & Company, Inc. in a research note on Thursday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of "Sell".

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Check Out Our Latest Stock Analysis on RGR

Hedge Funds Weigh In On Sturm, Ruger & Company, Inc.

Several hedge funds and other institutional investors have recently modified their holdings of the company. UBS Group AG increased its holdings in Sturm, Ruger & Company, Inc. by 31.1% during the 3rd quarter. UBS Group AG now owns 514,510 shares of the company's stock valued at $22,366,000 after purchasing an additional 122,111 shares during the period. Two Sigma Investments LP increased its stake in shares of Sturm, Ruger & Company, Inc. by 118.7% during the third quarter. Two Sigma Investments LP now owns 198,936 shares of the company's stock valued at $8,648,000 after buying an additional 107,977 shares during the period. AQR Capital Management LLC raised its holdings in shares of Sturm, Ruger & Company, Inc. by 239.4% during the first quarter. AQR Capital Management LLC now owns 100,834 shares of the company's stock valued at $3,962,000 after acquiring an additional 71,128 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Sturm, Ruger & Company, Inc. by 2,446.1% in the third quarter. Russell Investments Group Ltd. now owns 61,031 shares of the company's stock worth $2,653,000 after acquiring an additional 58,634 shares during the period. Finally, Nuveen LLC purchased a new stake in Sturm, Ruger & Company, Inc. in the first quarter worth $2,223,000. 64.00% of the stock is owned by institutional investors.

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.

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