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

Aquatic Capital Management LLC lifted its position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) by 166.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,744 shares of the construction company's stock after acquiring an additional 12,344 shares during the quarter. Aquatic Capital Management LLC owned 0.07% of Gibraltar Industries worth $1,163,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Sterling Capital Management LLC increased its position in Gibraltar Industries by 645.1% during the 4th quarter. Sterling Capital Management LLC now owns 529 shares of the construction company's stock worth $31,000 after purchasing an additional 458 shares during the period. Smartleaf Asset Management LLC grew its holdings in Gibraltar Industries by 296.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 709 shares of the construction company's stock worth $42,000 after acquiring an additional 530 shares during the period. Atticus Wealth Management LLC purchased a new position in Gibraltar Industries in the fourth quarter worth $53,000. KBC Group NV lifted its holdings in Gibraltar Industries by 50.2% in the fourth quarter. KBC Group NV now owns 1,436 shares of the construction company's stock valued at $85,000 after acquiring an additional 480 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in shares of Gibraltar Industries during the 4th quarter worth $117,000. 98.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Gibraltar Industries from a "buy" rating to a "strong-buy" rating in a research note on Thursday, February 20th.

Gibraltar Industries Price Performance

Shares of ROCK stock traded down $0.04 during midday trading on Monday, reaching $57.98. 53,485 shares of the company traded hands, compared to its average volume of 215,432. The firm's 50 day simple moving average is $58.62 and its two-hundred day simple moving average is $62.61. The firm has a market cap of $1.71 billion, a PE ratio of 12.97 and a beta of 1.30. Gibraltar Industries, Inc. has a 1-year low of $48.96 and a 1-year high of $81.90.

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The construction company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.09. The firm had revenue of $290.02 million during the quarter, compared to analysts' expectations of $296.77 million. Gibraltar Industries had a return on equity of 13.19% and a net margin of 10.49%. Gibraltar Industries's revenue was down .9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.80 earnings per share. As a group, research analysts anticipate that Gibraltar Industries, Inc. will post 4.91 earnings per share for the current fiscal year.

About Gibraltar Industries

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.