Christopher John Killoy Sells 3,170 Shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) Stock

Sturm, Ruger & Company, Inc. (NYSE:RGR) CEO Christopher John Killoy sold 3,170 shares of the business’s stock in a transaction on Friday, April 5th. The stock was sold at an average price of $47.00, for a total transaction of $148,990.00. Following the completion of the sale, the chief executive officer now directly owns 49,699 shares in the company, valued at approximately $2,335,853. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Christopher John Killoy also recently made the following trade(s):

• On Monday, April 8th, Christopher John Killoy sold 554 shares of Sturm, Ruger & Company, Inc. stock. The stock was sold at an average price of $47.00, for a total transaction of $26,038.00.
• On Friday, March 8th, Christopher John Killoy sold 3,664 shares of Sturm, Ruger & Company, Inc. stock. The stock was sold at an average price of $45.03, for a total transaction of $164,989.92.

Sturm, Ruger & Company, Inc. Trading Down 1.2 %

Shares of RGR opened at $46.62 on Thursday. The company has a market cap of $823.31 million, a price-to-earnings ratio of 17.14 and a beta of 0.32. Sturm, Ruger & Company, Inc. has a 1-year low of $42.00 and a 1-year high of $59.47. The company’s fifty day simple moving average is $44.66 and its 200 day simple moving average is $46.30.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last released its quarterly earnings data on Wednesday, February 21st. The company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.09). Sturm, Ruger & Company, Inc. had a net margin of 8.87% and a return on equity of 14.59%. The company had revenue of $130.60 million during the quarter, compared to analyst estimates of $133.75 million. During the same quarter in the prior year, the firm earned $1.06 earnings per share. Sturm, Ruger & Company, Inc.’s revenue for the quarter was down 12.5% on a year-over-year basis. As a group, research analysts forecast that Sturm, Ruger & Company, Inc. will post 3.87 earnings per share for the current year.

Sturm, Ruger & Company, Inc. Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a $0.23 dividend. This is an increase from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.17. This represents a $0.92 annualized dividend and a dividend yield of 1.97%. The ex-dividend date was Thursday, March 14th. Sturm, Ruger & Company, Inc.’s payout ratio is currently 33.82%.

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

Several institutional investors and hedge funds have recently modified their holdings of RGR. Exchange Traded Concepts LLC grew its stake in shares of Sturm, Ruger & Company, Inc. by 7.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 19,819 shares of the company’s stock valued at $901,000 after acquiring an additional 1,405 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of Sturm, Ruger & Company, Inc. by 30.6% in the third quarter. HighTower Advisors LLC now owns 12,285 shares of the company’s stock valued at $646,000 after acquiring an additional 2,879 shares in the last quarter. Graham Capital Management L.P. acquired a new position in shares of Sturm, Ruger & Company, Inc. in the third quarter valued at about $310,000. Assenagon Asset Management S.A. grew its stake in shares of Sturm, Ruger & Company, Inc. by 102.6% in the third quarter. Assenagon Asset Management S.A. now owns 97,129 shares of the company’s stock valued at $5,062,000 after acquiring an additional 49,181 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of Sturm, Ruger & Company, Inc. by 19.7% in the third quarter. UBS Group AG now owns 147,602 shares of the company’s stock valued at $7,693,000 after acquiring an additional 24,251 shares in the last quarter. 64.00% of the stock is currently owned by institutional investors and hedge funds.

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.