International Assets Investment Management LLC Boosts Stock Holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR)

International Assets Investment Management LLC lifted its position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 2,642.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,702 shares of the company’s stock after acquiring an additional 19,947 shares during the period. International Assets Investment Management LLC owned approximately 0.12% of Sturm, Ruger & Company, Inc. worth $941,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Sturm, Ruger & Company, Inc. by 59.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,066 shares of the company’s stock worth $160,000 after purchasing an additional 1,138 shares in the last quarter. MQS Management LLC bought a new position in shares of Sturm, Ruger & Company, Inc. during the third quarter valued at $220,000. Rafferty Asset Management LLC boosted its position in shares of Sturm, Ruger & Company, Inc. by 6.5% during the third quarter. Rafferty Asset Management LLC now owns 5,679 shares of the company’s stock valued at $296,000 after buying an additional 345 shares during the last quarter. Graham Capital Management L.P. bought a new stake in Sturm, Ruger & Company, Inc. in the 3rd quarter worth about $310,000. Finally, Raymond James Financial Services Advisors Inc. raised its position in Sturm, Ruger & Company, Inc. by 6.8% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 6,143 shares of the company’s stock worth $320,000 after buying an additional 392 shares during the last quarter. 64.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Sturm, Ruger & Company, Inc. news, CEO Christopher John Killoy sold 554 shares of the stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $47.00, for a total value of $26,038.00. Following the transaction, the chief executive officer now owns 49,145 shares of the company’s stock, valued at $2,309,815. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders sold 7,388 shares of company stock valued at $340,018 over the last 90 days. Company insiders own 2.30% of the company’s stock.

Sturm, Ruger & Company, Inc. Price Performance

Shares of NYSE RGR opened at $46.75 on Tuesday. The firm’s 50-day moving average price is $44.99 and its 200-day moving average price is $45.95. Sturm, Ruger & Company, Inc. has a 52-week low of $42.00 and a 52-week high of $58.44. The company has a market cap of $825.61 million, a PE ratio of 17.19 and a beta of 0.32.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last issued its quarterly earnings data on Wednesday, February 21st. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $133.75 million. During the same quarter last year, the company earned $1.06 EPS. The firm’s revenue for the quarter was down 12.5% on a year-over-year basis. As a group, equities research analysts anticipate that Sturm, Ruger & Company, Inc. will post 3.87 EPS for the current fiscal year.

Sturm, Ruger & Company, Inc. Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid 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 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date was Thursday, March 14th. Sturm, Ruger & Company, Inc.’s dividend payout ratio (DPR) is 33.82%.

Sturm, Ruger & Company, Inc. 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.