Cubist Systematic Strategies LLC Decreases Position in Sturm Ruger & Company Inc (NYSE:RGR)

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Cubist Systematic Strategies LLC cut its stake in Sturm Ruger & Company Inc (NYSE:RGR) by 24.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,094 shares of the company’s stock after selling 1,638 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Sturm Ruger & Company Inc were worth $278,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Rockefeller Capital Management L.P. lifted its stake in Sturm Ruger & Company Inc by 1,572.0% in the 1st quarter. Rockefeller Capital Management L.P. now owns 1,672 shares of the company’s stock worth $89,000 after purchasing an additional 1,572 shares in the last quarter. WINTON GROUP Ltd lifted its stake in Sturm Ruger & Company Inc by 124.2% in the 2nd quarter. WINTON GROUP Ltd now owns 12,616 shares of the company’s stock worth $687,000 after purchasing an additional 6,988 shares in the last quarter. 6 Meridian lifted its stake in Sturm Ruger & Company Inc by 2.7% in the 2nd quarter. 6 Meridian now owns 12,529 shares of the company’s stock worth $683,000 after purchasing an additional 327 shares in the last quarter. NEXT Financial Group Inc lifted its stake in Sturm Ruger & Company Inc by 109.8% in the 2nd quarter. NEXT Financial Group Inc now owns 709 shares of the company’s stock worth $39,000 after purchasing an additional 371 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in Sturm Ruger & Company Inc by 2.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 7,519 shares of the company’s stock worth $409,000 after purchasing an additional 207 shares in the last quarter. 75.94% of the stock is currently owned by hedge funds and other institutional investors.

Shares of RGR stock traded down $0.16 during trading on Monday, hitting $44.24. 698 shares of the stock traded hands, compared to its average volume of 139,580. The firm has a market capitalization of $776.56 million, a P/E ratio of 19.55 and a beta of 0.48. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.13 and a quick ratio of 4.17. The firm’s fifty day moving average price is $42.12 and its 200-day moving average price is $49.59. Sturm Ruger & Company Inc has a 52-week low of $39.31 and a 52-week high of $66.25.

Sturm Ruger & Company Inc (NYSE:RGR) last posted its earnings results on Wednesday, July 31st. The company reported $0.35 earnings per share for the quarter. Sturm Ruger & Company Inc had a net margin of 9.13% and a return on equity of 15.26%. The firm had revenue of $96.33 million during the quarter.

Separately, TheStreet lowered shares of Sturm Ruger & Company Inc from a “b-” rating to a “c” rating in a research note on Wednesday, August 7th.

Sturm Ruger & Company Inc Profile

Sturm, Ruger & Company, Inc designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. It operates in two segments, Firearms and Castings. It offers single-shot, autoloading, bolt-action, and sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts.

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

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