1 week Ago By Defense World Staff
Corebridge Financial Inc. lowered its position in shares of Sturm, Ruger & Company, Inc. ( NYSE:RGR – Free Report ) by 7.
3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,757 shares of the company’s stock after selling 686 shares during the period. Corebridge Financial Inc.
owned about 0.05% of Sturm, Ruger & Company, Inc. worth $310,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. KLP Kapitalforvaltning AS acquired a new stake in shares of Sturm, Ruger & Company, Inc. during the fourth quarter valued at about $870,000.
Quantbot Technologies LP raised its holdings in Sturm, Ruger & Company, Inc. by 43.2% in the 4th quarter.
Quantbot Technologies LP now owns 11,066 shares of the company’s stock valued at $391,000 after buying an additional 3,339 shares during the last quarter. Semanteon Capital Management LP acquired a new stake in Sturm, Ruger & Company, Inc. during the 4th quarter worth approximately $733,000.
Teacher Retirement System of Texas grew its holdings in Sturm, Ruger & Company, Inc. by 74.8% during the 4th quarter.
Teacher Retirement System of Texas now owns 131,093 shares of the company’s stock worth $4,637,000 after acquiring an additional 56,087 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in Sturm, Ruger & Company, Inc.
by 18.9% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd.
now owns 26,499 shares of the company’s stock valued at $937,000 after acquiring an additional 4,218 shares during the period. Institutional investors and hedge funds own 64.00% of the company’s stock.
Analyst Ratings Changes Separately, StockNews.com upgraded shares of Sturm, Ruger & Company, Inc. from a “buy” rating to a “strong-buy” rating in a report on Monday, February 24th.
Sturm, Ruger & Company, Inc. Trading Down 0.2 % NYSE RGR opened at $38.
05 on Friday. The firm has a market capitalization of $637.79 million, a PE ratio of 21.
50 and a beta of 0.22. The business’s 50-day moving average price is $38.
49 and its two-hundred day moving average price is $38.25. Sturm, Ruger & Company, Inc.
has a 12 month low of $34.11 and a 12 month high of $47.28.
Sturm, Ruger & Company, Inc. ( NYSE:RGR – Get Free Report ) last announced its earnings results on Wednesday, February 19th. The company reported $0.
62 EPS for the quarter, meeting the consensus estimate of $0.62. The business had revenue of $145.
78 million for the quarter, compared to analysts’ expectations of $137.77 million. Sturm, Ruger & Company, Inc.
had a return on equity of 9.49% and a net margin of 5.70%.
During the same period in the prior year, the business posted $0.58 earnings per share. As a group, analysts forecast that Sturm, Ruger & Company, Inc.
will post 2.31 earnings per share for the current fiscal year. Sturm, Ruger & Company, Inc.
Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a dividend of $0.24 per share.
The ex-dividend date was Friday, March 14th. This is a boost from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.
11. This represents a $0.96 annualized dividend and a dividend yield of 2.
52%. Sturm, Ruger & Company, Inc.’s dividend payout ratio is 54.
24%. About Sturm, Ruger & Company, Inc. ( Free Report ) 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. See Also Five stocks we like better than Sturm, Ruger & Company, Inc.
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