Centiva Capital LP Acquires Shares of 7,654 Sturm, Ruger & Company, Inc. (NYSE:RGR)

Centiva Capital LP acquired a new stake in Sturm, Ruger & Company, Inc. (NYSE:RGR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,654 shares of the company’s stock, valued at approximately $319,000.

Several other hedge funds also recently added to or reduced their stakes in RGR. Price T Rowe Associates Inc. MD increased its position in shares of Sturm, Ruger & Company, Inc. by 12.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,912 shares of the company’s stock worth $319,000 after acquiring an additional 762 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Sturm, Ruger & Company, Inc. during the second quarter worth about $1,332,000. Assenagon Asset Management S.A. increased its position in shares of Sturm, Ruger & Company, Inc. by 112.7% during the second quarter. Assenagon Asset Management S.A. now owns 142,729 shares of the company’s stock worth $5,945,000 after acquiring an additional 75,625 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Sturm, Ruger & Company, Inc. by 6.9% during the second quarter. Bank of New York Mellon Corp now owns 207,639 shares of the company’s stock worth $8,648,000 after acquiring an additional 13,460 shares during the last quarter. Finally, Rhumbline Advisers increased its position in shares of Sturm, Ruger & Company, Inc. by 15.6% during the second quarter. Rhumbline Advisers now owns 46,685 shares of the company’s stock worth $1,944,000 after acquiring an additional 6,306 shares during the last quarter. 64.00% of the stock is owned by hedge funds and other institutional investors.

Sturm, Ruger & Company, Inc. Stock Performance

Shares of NYSE RGR opened at $36.99 on Wednesday. Sturm, Ruger & Company, Inc. has a 1 year low of $35.61 and a 1 year high of $48.20. The firm has a market cap of $621.10 million, a price-to-earnings ratio of 21.38 and a beta of 0.16. The stock’s 50-day simple moving average is $39.85 and its 200-day simple moving average is $41.46.

Sturm, Ruger & Company, Inc. Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were paid a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.44 dividend on an annualized basis and a yield of 1.19%. Sturm, Ruger & Company, Inc.’s dividend payout ratio (DPR) is 25.43%.

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.