Sturm, Ruger & Company, Inc. (RGR) Shares Bought by OxFORD Asset Management LLP

OxFORD Asset Management LLP grew its holdings in Sturm, Ruger & Company, Inc. (NYSE:RGR) by 3,882.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 135,520 shares of the company’s stock after acquiring an additional 132,117 shares during the period. OxFORD Asset Management LLP owned 0.78% of Sturm, Ruger & Company, Inc. worth $7,054,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Flinton Capital Management LLC raised its position in Sturm, Ruger & Company, Inc. by 77.8% in the second quarter. Flinton Capital Management LLC now owns 1,792 shares of the company’s stock worth $111,000 after acquiring an additional 784 shares during the period. Public Employees Retirement System of Ohio raised its position in Sturm, Ruger & Company, Inc. by 10.6% in the second quarter. Public Employees Retirement System of Ohio now owns 1,840 shares of the company’s stock worth $114,000 after acquiring an additional 177 shares during the period. Macquarie Group Ltd. bought a new position in Sturm, Ruger & Company, Inc. in the third quarter worth approximately $129,000. PNC Financial Services Group Inc. raised its position in Sturm, Ruger & Company, Inc. by 2.8% in the second quarter. PNC Financial Services Group Inc. now owns 2,965 shares of the company’s stock worth $184,000 after acquiring an additional 80 shares during the period. Finally, Yorktown Management & Research Co Inc bought a new position in Sturm, Ruger & Company, Inc. in the third quarter worth approximately $209,000. Institutional investors and hedge funds own 84.66% of the company’s stock.

Several research analysts have weighed in on the stock. Aegis reiterated a “buy” rating and issued a $67.00 price target on shares of Sturm, Ruger & Company, Inc. in a research report on Friday, October 6th. Zacks Investment Research upgraded shares of Sturm, Ruger & Company, Inc. from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 19th. BidaskClub upgraded shares of Sturm, Ruger & Company, Inc. from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, TheStreet downgraded shares of Sturm, Ruger & Company, Inc. from a “b-” rating to a “c” rating in a research report on Thursday, August 24th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Sturm, Ruger & Company, Inc. currently has a consensus rating of “Hold” and an average price target of $58.00.

Sturm, Ruger & Company, Inc. (RGR) traded down $0.70 on Monday, reaching $54.05. 248,200 shares of the company’s stock traded hands, compared to its average volume of 290,020. Sturm, Ruger & Company, Inc. has a fifty-two week low of $44.80 and a fifty-two week high of $68.80. The company has a market capitalization of $962.05, a P/E ratio of 15.80 and a beta of 0.08.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last announced its quarterly earnings data on Tuesday, October 31st. The company reported $0.53 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.07). The firm had revenue of $104.80 million for the quarter, compared to the consensus estimate of $126.20 million. Sturm, Ruger & Company, Inc. had a net margin of 11.07% and a return on equity of 26.62%. The firm’s revenue for the quarter was down 35.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.21 earnings per share. analysts predict that Sturm, Ruger & Company, Inc. will post 3.02 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $0.84 annualized dividend and a dividend yield of 1.55%. Sturm, Ruger & Company, Inc.’s payout ratio is 24.63%.

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Sturm, Ruger & Company, Inc. 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 & Company, Inc. (NYSE:RGR)

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