Aurora Private Wealth Inc. Acquires Shares of 39,958 Sturm, Ruger & Company, Inc. (NYSE:RGR)

Aurora Private Wealth Inc. bought a new position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 39,958 shares of the company's stock, valued at approximately $1,570,000. Aurora Private Wealth Inc. owned 0.24% of Sturm, Ruger & Company, Inc. at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC grew its holdings in shares of Sturm, Ruger & Company, Inc. by 1.1% during the 4th quarter. Barclays PLC now owns 32,453 shares of the company's stock worth $1,148,000 after purchasing an additional 356 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Sturm, Ruger & Company, Inc. by 4.2% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,387 shares of the company's stock worth $332,000 after buying an additional 380 shares in the last quarter. Novem Group increased its holdings in Sturm, Ruger & Company, Inc. by 4.7% in the 1st quarter. Novem Group now owns 9,089 shares of the company's stock valued at $357,000 after buying an additional 406 shares during the period. Jones Financial Companies Lllp raised its position in shares of Sturm, Ruger & Company, Inc. by 32.5% in the 4th quarter. Jones Financial Companies Lllp now owns 2,018 shares of the company's stock valued at $71,000 after buying an additional 495 shares in the last quarter. Finally, Byrne Asset Management LLC lifted its holdings in shares of Sturm, Ruger & Company, Inc. by 115.1% during the 1st quarter. Byrne Asset Management LLC now owns 968 shares of the company's stock worth $38,000 after acquiring an additional 518 shares during the period. Institutional investors and hedge funds own 64.00% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Sturm, Ruger & Company, Inc. from a "buy" rating to a "hold" rating in a research report on Sunday, June 29th.

Sturm, Ruger & Company, Inc. Stock Performance

Sturm, Ruger & Company, Inc. stock opened at $36.50 on Friday. The stock has a fifty day moving average of $36.51 and a 200-day moving average of $37.12. The stock has a market capitalization of $604.36 million, a P/E ratio of 19.94 and a beta of 0.10. Sturm, Ruger & Company, Inc. has a 52 week low of $32.74 and a 52 week high of $46.40.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.65 by ($0.19). Sturm, Ruger & Company, Inc. had a net margin of 5.84% and a return on equity of 9.78%. The firm had revenue of $135.74 million for the quarter, compared to analyst estimates of $148.05 million. During the same period in the previous year, the business posted $0.40 earnings per share. The business's revenue for the quarter was down .8% compared to the same quarter last year. On average, research analysts forecast that Sturm, Ruger & Company, Inc. will post 2.31 earnings per share for the current year.

Sturm, Ruger & Company, Inc. Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 16th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend was Friday, May 16th. Sturm, Ruger & Company, Inc.'s payout ratio is 39.34%.

Insider Buying and Selling at Sturm, Ruger & Company, Inc.

In other Sturm, Ruger & Company, Inc. news, Director Christopher John Killoy sold 8,583 shares of the company's stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $37.01, for a total value of $317,656.83. Following the sale, the director owned 41,559 shares in the company, valued at approximately $1,538,098.59. The trade was a 17.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Sarah F. Colbert sold 8,000 shares of the stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $35.80, for a total value of $286,400.00. Following the completion of the sale, the vice president directly owned 564 shares of the company's stock, valued at approximately $20,191.20. The trade was a 93.41% decrease in their position. The disclosure for this sale can be found here. 4.60% of the stock is currently owned by company insiders.

Sturm, Ruger & Company, Inc. 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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