Sturm, Ruger & Company, Inc. (NYSE:RGR) Shares Bought by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC lifted its stake in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 5.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 51,473 shares of the company’s stock after purchasing an additional 2,733 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Sturm, Ruger & Company, Inc. were worth $1,821,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Dimensional Fund Advisors LP acquired a new position in Sturm, Ruger & Company, Inc. during the second quarter worth $552,000. Public Sector Pension Investment Board raised its stake in shares of Sturm, Ruger & Company, Inc. by 4.0% during the 2nd quarter. Public Sector Pension Investment Board now owns 38,267 shares of the company’s stock worth $1,594,000 after buying an additional 1,483 shares during the last quarter. Marshall Wace LLP boosted its position in shares of Sturm, Ruger & Company, Inc. by 18.0% in the 2nd quarter. Marshall Wace LLP now owns 22,658 shares of the company’s stock worth $944,000 after buying an additional 3,464 shares in the last quarter. Cubist Systematic Strategies LLC grew its stake in Sturm, Ruger & Company, Inc. by 131.8% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 16,981 shares of the company’s stock valued at $707,000 after acquiring an additional 9,656 shares during the last quarter. Finally, Dark Forest Capital Management LP purchased a new position in Sturm, Ruger & Company, Inc. during the 2nd quarter valued at about $221,000. Hedge funds and other institutional investors own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Stock Performance

Sturm, Ruger & Company, Inc. stock opened at $36.11 on Monday. Sturm, Ruger & Company, Inc. has a fifty-two week low of $34.11 and a fifty-two week high of $48.20. The company has a market capitalization of $606.29 million, a price-to-earnings ratio of 20.87 and a beta of 0.17. The stock has a fifty day moving average of $36.22 and a two-hundred day moving average of $39.82.

Sturm, Ruger & Company, Inc. Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend was Wednesday, November 13th. Sturm, Ruger & Company, Inc.’s dividend payout ratio (DPR) is 25.43%.

About Sturm, Ruger & Company, Inc.

Sturm, Ruger & Co, Inc engages in the business of designing, manufacturing, and selling firearms to domestic customers. It operates under 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.