UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stock Position in Sturm, Ruger & Company, Inc. (NYSE:RGR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) by 24.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,921 shares of the company's stock after purchasing an additional 7,531 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.23% of Sturm, Ruger & Company, Inc. worth $1,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. iSAM Funds UK Ltd bought a new stake in shares of Sturm, Ruger & Company, Inc. during the 4th quarter worth $209,000. Sherbrooke Park Advisers LLC bought a new stake in Sturm, Ruger & Company, Inc. during the fourth quarter worth about $250,000. Point72 Asia Singapore Pte. Ltd. boosted its holdings in shares of Sturm, Ruger & Company, Inc. by 351.0% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,655 shares of the company's stock worth $59,000 after purchasing an additional 1,288 shares in the last quarter. Point72 Asset Management L.P. bought a new position in shares of Sturm, Ruger & Company, Inc. during the 4th quarter valued at about $248,000. Finally, Marathon Partners Equity Management LLC bought a new position in shares of Sturm, Ruger & Company, Inc. during the 4th quarter valued at about $1,150,000. 64.00% of the stock is currently owned by institutional investors.

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

In related news, Director Phillip Widman bought 4,000 shares of the company's stock in a transaction on Tuesday, May 6th. The shares were acquired at an average cost of $33.58 per share, with a total value of $134,320.00. Following the completion of the acquisition, the director now owns 31,757 shares of the company's stock, valued at $1,066,400.06. The trade was a 14.41% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Christopher John Killoy sold 8,583 shares of the firm's stock in a transaction on Monday, June 9th. The shares were sold at an average price of $37.01, for a total value of $317,656.83. Following the transaction, the director now owns 41,559 shares of the company's stock, valued at $1,538,098.59. The trade was a 17.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 4.60% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Sturm, Ruger & Company, Inc. from a "hold" rating to a "buy" rating in a research note on Friday, May 30th.

Sturm, Ruger & Company, Inc. Trading Down 0.1%

Shares of NYSE:RGR traded down $0.05 during trading on Thursday, reaching $37.79. 108,669 shares of the company traded hands, compared to its average volume of 160,162. The firm has a market capitalization of $625.61 million, a price-to-earnings ratio of 21.35 and a beta of 0.11. Sturm, Ruger & Company, Inc. has a 52-week low of $32.74 and a 52-week high of $46.40. The business's fifty day moving average is $37.17 and its 200-day moving average is $37.20.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.46 earnings per share for the quarter, missing analysts' consensus estimates of $0.65 by ($0.19). The firm had revenue of $135.74 million for the quarter, compared to analysts' expectations of $148.05 million. Sturm, Ruger & Company, Inc. had a return on equity of 9.49% and a net margin of 5.70%. The business's revenue for the quarter was down .8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.40 earnings per share. On average, sell-side analysts predict that Sturm, Ruger & Company, Inc. will post 2.31 earnings per share for the current fiscal year.

Sturm, Ruger & Company, Inc. Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 16th were issued a $0.18 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $0.72 annualized dividend and a yield of 1.91%. Sturm, Ruger & Company, Inc.'s dividend payout ratio (DPR) is presently 39.34%.

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.