Quadrant Capital Group LLC Boosts Stock Holdings in Gibraltar Industries, Inc. (NASDAQ:ROCK)

Quadrant Capital Group LLC raised its position in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 26.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 668 shares of the construction company’s stock after purchasing an additional 139 shares during the quarter. Quadrant Capital Group LLC’s holdings in Gibraltar Industries were worth $53,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of ROCK. Catalyst Capital Advisors LLC purchased a new position in shares of Gibraltar Industries during the 3rd quarter worth approximately $28,000. Covestor Ltd lifted its position in Gibraltar Industries by 13,540.0% during the third quarter. Covestor Ltd now owns 682 shares of the construction company’s stock valued at $46,000 after buying an additional 677 shares during the period. GAMMA Investing LLC bought a new stake in shares of Gibraltar Industries during the 4th quarter valued at $57,000. AlphaMark Advisors LLC grew its position in shares of Gibraltar Industries by 2,421.3% in the 4th quarter. AlphaMark Advisors LLC now owns 3,782 shares of the construction company’s stock worth $299,000 after buying an additional 3,632 shares during the period. Finally, Cerity Partners LLC bought a new position in shares of Gibraltar Industries in the 4th quarter worth about $308,000. Hedge funds and other institutional investors own 98.39% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Gibraltar Industries from a “buy” rating to a “strong-buy” rating in a report on Monday, April 29th.

Gibraltar Industries Stock Up 2.3 %

Gibraltar Industries stock opened at $73.48 on Monday. Gibraltar Industries, Inc. has a twelve month low of $51.36 and a twelve month high of $87.40. The company has a market capitalization of $2.24 billion, a P/E ratio of 19.75 and a beta of 1.20. The stock’s 50 day moving average is $74.99 and its 200 day moving average is $76.18.

Gibraltar Industries (NASDAQ:ROCK) last released its earnings results on Wednesday, May 1st. The construction company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.04. Gibraltar Industries had a return on equity of 14.39% and a net margin of 8.31%. The firm had revenue of $292.51 million for the quarter, compared to analysts’ expectations of $296.29 million. During the same period in the prior year, the firm posted $0.70 earnings per share. The company’s quarterly revenue was down .3% on a year-over-year basis. As a group, equities analysts expect that Gibraltar Industries, Inc. will post 4.79 EPS for the current year.

Gibraltar Industries Profile

Gibraltar Industries, Inc manufactures and provides products and services for the renewable energy, residential, agtech, and infrastructure markets in the United States and internationally. It operates through four segments: Renewables, Residential, Agtech, and Infrastructure. The Renewables segment designs, engineers, manufactures, and installs solar racking and electrical balance of systems for commercial and distributed generation scale solar installations.