Inceptionr LLC Invests $321,000 in Sturm, Ruger & Company, Inc. (NYSE:RGR)

Inceptionr LLC acquired a new position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 9,082 shares of the company’s stock, valued at approximately $321,000. Inceptionr LLC owned about 0.05% of Sturm, Ruger & Company, Inc. at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp lifted its position in shares of Sturm, Ruger & Company, Inc. by 32.5% during the fourth 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 last quarter. Aigen Investment Management LP raised its stake in shares of Sturm, Ruger & Company, Inc. by 7.5% during the 3rd quarter. Aigen Investment Management LP now owns 7,510 shares of the company’s stock worth $313,000 after acquiring an additional 527 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Sturm, Ruger & Company, Inc. by 9.2% during the 3rd quarter. HighTower Advisors LLC now owns 10,162 shares of the company’s stock worth $432,000 after acquiring an additional 854 shares in the last quarter. FMR LLC lifted its position in Sturm, Ruger & Company, Inc. by 127.6% during the third quarter. FMR LLC now owns 2,572 shares of the company’s stock valued at $107,000 after acquiring an additional 1,442 shares during the last quarter. Finally, Rhumbline Advisers boosted its stake in Sturm, Ruger & Company, Inc. by 4.5% in the fourth quarter. Rhumbline Advisers now owns 44,956 shares of the company’s stock valued at $1,590,000 after acquiring an additional 1,918 shares in the last quarter. Institutional investors own 64.00% of the company’s stock.

Analyst Ratings Changes

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

Sturm, Ruger & Company, Inc. Stock Performance

Sturm, Ruger & Company, Inc. stock opened at $39.63 on Monday. The stock has a market cap of $664.28 million, a PE ratio of 22.39 and a beta of 0.15. The stock has a 50-day moving average of $36.55 and a two-hundred day moving average of $38.64. Sturm, Ruger & Company, Inc. has a one year low of $34.11 and a one year high of $48.20.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $0.62 EPS for the quarter, meeting the consensus estimate of $0.62. The firm had revenue of $145.78 million during the quarter, compared to analyst estimates 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 last year, the firm posted $0.58 EPS. As a group, sell-side analysts predict that Sturm, Ruger & Company, Inc. will post 2.31 EPS for the current fiscal year.

Sturm, Ruger & Company, Inc. Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.24 per share. The ex-dividend date is Friday, March 14th. This is a positive change from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.11. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.42%. Sturm, Ruger & Company, Inc.’s payout ratio is 54.24%.

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.