Gibraltar Industries, Inc. (NASDAQ:ROCK) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC boosted its stake in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,998 shares of the construction company’s stock after buying an additional 911 shares during the quarter. Yousif Capital Management LLC’s holdings in Gibraltar Industries were worth $1,264,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ROCK. Millburn Ridgefield Corp purchased a new position in shares of Gibraltar Industries in the third quarter valued at approximately $28,000. Catalyst Capital Advisors LLC acquired a new stake in Gibraltar Industries during the 3rd quarter worth $28,000. Covestor Ltd boosted its stake in Gibraltar Industries by 13,540.0% during the 3rd quarter. Covestor Ltd now owns 682 shares of the construction company’s stock worth $46,000 after purchasing an additional 677 shares during the last quarter. GAMMA Investing LLC purchased a new stake in shares of Gibraltar Industries during the fourth quarter worth $57,000. Finally, Buck Wealth Strategies LLC raised its position in shares of Gibraltar Industries by 379.9% in the third quarter. Buck Wealth Strategies LLC now owns 1,243 shares of the construction company’s stock valued at $84,000 after buying an additional 984 shares during the last quarter. 98.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Gibraltar Industries Price Performance

ROCK stock opened at $71.69 on Friday. Gibraltar Industries, Inc. has a 1 year low of $51.36 and a 1 year high of $87.40. The firm has a market capitalization of $2.18 billion, a PE ratio of 19.27 and a beta of 1.20. The business has a 50 day simple moving average of $75.84 and a 200-day simple moving average of $74.78.

Gibraltar Industries (NASDAQ:ROCK) last issued its earnings results on Wednesday, May 1st. The construction company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.04. Gibraltar Industries had a return on equity of 14.39% and a net margin of 8.31%. The company had revenue of $292.51 million during the quarter, compared to analysts’ expectations of $296.29 million. During the same period in the prior year, the business earned $0.70 EPS. The firm’s quarterly revenue was down .3% on a year-over-year basis. On average, equities research analysts expect that Gibraltar Industries, Inc. will post 4.73 EPS for the current year.

Gibraltar Industries Company 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.