Randolph Co Inc held its position in Sturm, Ruger & Company, Inc. (NYSE:RGR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,350 shares of the company’s stock at the end of the second quarter. Randolph Co Inc owned about 0.43% of Sturm, Ruger & worth $4,683,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its position in Sturm, Ruger & by 2.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,220 shares of the company’s stock valued at $116,000 after buying an additional 45 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Sturm, Ruger & by 27.6% in the first quarter. PNC Financial Services Group Inc. now owns 2,885 shares of the company’s stock valued at $155,000 after buying an additional 624 shares during the last quarter. IFP Advisors Inc boosted its position in Sturm, Ruger & by 32.0% in the first quarter. IFP Advisors Inc now owns 3,356 shares of the company’s stock valued at $180,000 after buying an additional 814 shares during the last quarter. Virginia Retirement Systems ET AL bought a new position in Sturm, Ruger & during the first quarter valued at $209,000. Finally, Atria Investments LLC bought a new position in Sturm, Ruger & during the second quarter valued at $209,000. 87.26% of the stock is owned by institutional investors.

Sturm, Ruger & Company, Inc. (NYSE RGR) opened at 51.00 on Tuesday. Sturm, Ruger & Company, Inc. has a 52-week low of $47.15 and a 52-week high of $68.80. The company has a market cap of $901.22 million and a price-to-earnings ratio of 12.92. The firm’s 50-day moving average is $62.21 and its 200 day moving average is $57.43.

Sturm, Ruger & (NYSE:RGR) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $1.11 by $0.54. The company had revenue of $131.90 million during the quarter, compared to analysts’ expectations of $159.60 million. Sturm, Ruger & had a return on equity of 29.70% and a net margin of 11.74%. Sturm, Ruger &’s revenue was down 21.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.22 EPS. On average, equities research analysts predict that Sturm, Ruger & Company, Inc. will post $4.38 EPS for the current fiscal year.

Sturm, Ruger & announced that its Board of Directors has initiated a share buyback plan on Monday, May 8th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to buy up to 9.6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Friday, August 11th. Sturm, Ruger &’s payout ratio is 48.98%.

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RGR has been the subject of several research analyst reports. BidaskClub cut shares of Sturm, Ruger & from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Forward View raised shares of Sturm, Ruger & from a “sell” rating to a “hold” rating in a research note on Sunday, May 14th. Wunderlich raised their target price on shares of Sturm, Ruger & from $51.00 to $62.00 and gave the company a “hold” rating in a research note on Wednesday, May 10th. Zacks Investment Research lowered shares of Sturm, Ruger & from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 28th. Finally, ValuEngine lowered shares of Sturm, Ruger & from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Five equities research analysts have rated the stock with a hold rating, Sturm, Ruger & has an average rating of “Hold” and an average price target of $60.00.

In other news, Director Ronald C. Whitaker sold 10,000 shares of the company’s stock in a transaction on Thursday, May 25th. The shares were sold at an average price of $62.51, for a total transaction of $625,100.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark Lang sold 20,000 shares of the company’s stock in a transaction on Friday, June 23rd. The stock was sold at an average price of $66.90, for a total transaction of $1,338,000.00. Following the sale, the insider now directly owns 3,612 shares of the company’s stock, valued at approximately $241,642.80. The disclosure for this sale can be found here. 3.90% of the stock is owned by corporate insiders.

Sturm, Ruger & Company Profile

Sturm, Ruger & Company, Inc is engaged in the design, manufacture, and sale of firearms to domestic customers. The Company operates through two segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a range of federally licensed, independent wholesale distributors primarily located in the United States.

Institutional Ownership by Quarter for Sturm, Ruger & (NYSE:RGR)

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