Sturm, Ruger & Company, Inc. (NYSE:RGR) Stock Holdings Lifted by Aigen Investment Management LP

Aigen Investment Management LP grew its position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 7.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,510 shares of the company’s stock after purchasing an additional 527 shares during the quarter. Aigen Investment Management LP’s holdings in Sturm, Ruger & Company, Inc. were worth $313,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its holdings in Sturm, Ruger & Company, Inc. by 6.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 207,639 shares of the company’s stock worth $8,648,000 after buying an additional 13,460 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in Sturm, Ruger & Company, Inc. by 112.7% in the second quarter. Assenagon Asset Management S.A. now owns 142,729 shares of the company’s stock worth $5,945,000 after purchasing an additional 75,625 shares during the period. International Assets Investment Management LLC grew its position in Sturm, Ruger & Company, Inc. by 4,075.7% in the 3rd quarter. International Assets Investment Management LLC now owns 19,041 shares of the company’s stock valued at $794,000 after buying an additional 18,585 shares in the last quarter. Impala Asset Management LLC acquired a new position in Sturm, Ruger & Company, Inc. during the 2nd quarter valued at about $2,228,000. Finally, Vanguard Group Inc. raised its position in shares of Sturm, Ruger & Company, Inc. by 4.3% during the 1st quarter. Vanguard Group Inc. now owns 2,119,506 shares of the company’s stock worth $97,815,000 after buying an additional 86,532 shares in the last quarter. Institutional investors own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Price Performance

Sturm, Ruger & Company, Inc. stock opened at $38.40 on Friday. Sturm, Ruger & Company, Inc. has a 12-month low of $37.96 and a 12-month high of $48.20. The firm has a 50 day simple moving average of $41.14 and a 200-day simple moving average of $42.27. The stock has a market capitalization of $644.65 million, a PE ratio of 22.13 and a beta of 0.17.

Sturm, Ruger & Company, Inc. Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Wednesday, November 13th. Sturm, Ruger & Company, Inc.’s payout ratio is 25.43%.

About Sturm, Ruger & Company, Inc.

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.