Sturm, Ruger & Company, Inc. (NYSE:RGR) Sets New 1-Year Low – Should You Sell?

Sturm, Ruger & Company, Inc. (NYSE:RGR) reached a new 52-week low during trading on Thursday . The stock traded as low as $40.07 and last traded at $40.07, with a volume of 127 shares trading hands. The stock had previously closed at $40.78.

Sturm, Ruger & Company, Inc. Trading Up 1.8 %

The company has a market capitalization of $671.77 million, a price-to-earnings ratio of 23.13 and a beta of 0.17. The stock’s fifty day simple moving average is $41.39 and its 200-day simple moving average is $42.64.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.28 EPS for the quarter. Sturm, Ruger & Company, Inc. had a return on equity of 9.33% and a net margin of 5.83%. The business had revenue of $122.29 million for the quarter. On average, analysts anticipate that Sturm, Ruger & Company, Inc. will post 2.19 EPS for the current fiscal year.

Sturm, Ruger & Company, Inc. Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be given a $0.11 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.44 annualized dividend and a yield of 1.10%. Sturm, Ruger & Company, Inc.’s dividend payout ratio (DPR) is 43.93%.

Hedge Funds Weigh In On Sturm, Ruger & Company, Inc.

A number of large investors have recently bought and sold shares of RGR. GAMMA Investing LLC grew its holdings in Sturm, Ruger & Company, Inc. by 53.8% in the third quarter. GAMMA Investing LLC now owns 735 shares of the company’s stock valued at $31,000 after purchasing an additional 257 shares during the last quarter. Illinois Municipal Retirement Fund lifted its position in Sturm, Ruger & Company, Inc. by 2.8% during the first quarter. Illinois Municipal Retirement Fund now owns 10,217 shares of the company’s stock valued at $472,000 after buying an additional 279 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Sturm, Ruger & Company, Inc. by 28.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,618 shares of the company’s stock worth $74,000 after purchasing an additional 355 shares during the period. Price T Rowe Associates Inc. MD grew its position in Sturm, Ruger & Company, Inc. by 12.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,912 shares of the company’s stock valued at $319,000 after acquiring an additional 762 shares in the last quarter. Finally, Public Sector Pension Investment Board grew its holdings in 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 valued at $1,594,000 after purchasing an additional 1,483 shares in the last quarter. Hedge funds and other institutional investors own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark.