14,769 Shares in Sturm, Ruger & Company, Inc. (NYSE:RGR) Bought by XTX Topco Ltd

XTX Topco Ltd purchased a new stake in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 14,769 shares of the company's stock, valued at approximately $522,000. XTX Topco Ltd owned approximately 0.09% of Sturm, Ruger & Company, Inc. at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Jones Financial Companies Lllp boosted its stake in shares of Sturm, Ruger & Company, Inc. by 32.5% during 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 during the period. FMR LLC raised its holdings in shares of Sturm, Ruger & Company, Inc. by 127.6% during the third quarter. FMR LLC now owns 2,572 shares of the company's stock worth $107,000 after acquiring an additional 1,442 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Sturm, Ruger & Company, Inc. during the fourth quarter valued at $245,000. Virtu Financial LLC purchased a new position in Sturm, Ruger & Company, Inc. in the third quarter valued at about $260,000. Finally, Inceptionr LLC acquired a new position in Sturm, Ruger & Company, Inc. in the 4th quarter worth about $321,000. 64.00% of the stock is owned by institutional investors and hedge funds.

Sturm, Ruger & Company, Inc. Stock Down 1.0 %

RGR stock traded down $0.41 during trading hours on Friday, hitting $39.87. The company's stock had a trading volume of 22,696 shares, compared to its average volume of 140,044. The stock has a 50 day moving average price of $39.21 and a two-hundred day moving average price of $38.12. Sturm, Ruger & Company, Inc. has a 12 month low of $34.11 and a 12 month high of $47.27. The company has a market capitalization of $668.22 million, a PE ratio of 22.52 and a beta of 0.22.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.62 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.62. The firm had revenue of $145.78 million during the quarter, compared to analysts' expectations of $137.77 million. Sturm, Ruger & Company, Inc. had a net margin of 5.70% and a return on equity of 9.49%. During the same period in the prior year, the company posted $0.58 earnings per share. Sell-side analysts expect that Sturm, Ruger & Company, Inc. will post 2.31 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 Friday, March 28th. Stockholders of record on Friday, March 14th were issued a dividend of $0.24 per share. This is a positive change from Sturm, Ruger & Company, Inc.'s previous quarterly dividend of $0.11. The ex-dividend date was Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.41%. Sturm, Ruger & Company, Inc.'s dividend payout ratio is currently 54.24%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Sturm, Ruger & Company, Inc. from a "buy" rating to a "strong-buy" rating in a report on Monday, February 24th.

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.