Investment Centers of America Inc. grew its holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR) by 0.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,816 shares of the company’s stock after buying an additional 3 shares during the period. Investment Centers of America Inc.’s holdings in Sturm, Ruger & were worth $295,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RGR. Envestnet Asset Management Inc. lifted its position in shares of Sturm, Ruger & by 5.2% in the first quarter. Envestnet Asset Management Inc. now owns 2,336 shares of the company’s stock valued at $124,000 after buying an additional 116 shares during the last quarter. Dubuque Bank & Trust Co. acquired a new stake in shares of Sturm, Ruger & in the second quarter valued at approximately $128,000. PNC Financial Services Group Inc. lifted its position in shares of 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. Virginia Retirement Systems ET AL acquired a new stake in shares of Sturm, Ruger & in the first quarter valued at approximately $209,000. Finally, Atria Investments LLC acquired a new stake in shares of Sturm, Ruger & in the second quarter valued at approximately $209,000. 82.17% of the stock is owned by institutional investors.

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Shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) opened at 47.80 on Tuesday. Sturm, Ruger & Company, Inc. has a 12-month low of $44.80 and a 12-month high of $68.60. The company’s 50-day moving average price is $49.26 and its 200 day moving average price is $56.96. The firm has a market capitalization of $844.67 million, a PE ratio of 12.11 and a beta of 0.07.

Sturm, Ruger & (NYSE:RGR) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.54). Sturm, Ruger & had a net margin of 11.74% and a return on equity of 29.70%. The firm had revenue of $131.90 million during the quarter, compared to analysts’ expectations of $159.60 million. During the same quarter in the previous year, the company posted $1.22 EPS. Sturm, Ruger &’s revenue for the quarter was down 21.4% on a year-over-year basis. On average, equities analysts forecast that Sturm, Ruger & Company, Inc. will post $3.60 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Tuesday, August 15th were paid a $0.23 dividend. The ex-dividend date was Friday, August 11th. This represents a $0.92 annualized dividend and a yield of 1.92%. Sturm, Ruger &’s payout ratio is 23.47%.

A number of research firms have recently issued reports on RGR. TheStreet cut Sturm, Ruger & from a “b-” rating to a “c” rating in a research report on Thursday, August 24th. BidaskClub raised Sturm, Ruger & from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Aegis reaffirmed a “buy” rating and issued a $67.00 price objective on shares of Sturm, Ruger & in a research report on Monday, August 21st. Zacks Investment Research cut Sturm, Ruger & from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 9th. Finally, ValuEngine cut Sturm, Ruger & from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $61.75.

In related news, insider Mark Lang sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, June 23rd. The stock was sold at an average price of $66.90, for a total value of $1,338,000.00. Following the transaction, the insider now owns 3,612 shares in the company, valued at $241,642.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last quarter, insiders purchased 400 shares of company stock worth $19,925. 3.90% of the stock is owned by company insiders.

Sturm, Ruger & 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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