Dimensional Fund Advisors LP Grows Stock Holdings in Gibraltar Industries, Inc. (NASDAQ:ROCK)

Dimensional Fund Advisors LP grew its position in Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) by 1.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,663,416 shares of the construction company's stock after buying an additional 23,358 shares during the period. Dimensional Fund Advisors LP owned 5.48% of Gibraltar Industries worth $97,975,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Sei Investments Co. increased its holdings in shares of Gibraltar Industries by 37.8% in the fourth quarter. Sei Investments Co. now owns 27,373 shares of the construction company's stock valued at $1,612,000 after purchasing an additional 7,513 shares during the period. Geode Capital Management LLC raised its stake in shares of Gibraltar Industries by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 854,821 shares of the construction company's stock valued at $50,359,000 after buying an additional 15,889 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of Gibraltar Industries by 8.2% in the 3rd quarter. Franklin Resources Inc. now owns 5,874 shares of the construction company's stock valued at $401,000 after buying an additional 445 shares during the period. Barclays PLC grew its holdings in Gibraltar Industries by 93.8% during the third quarter. Barclays PLC now owns 103,324 shares of the construction company's stock worth $7,226,000 after acquiring an additional 50,017 shares during the period. Finally, Rhumbline Advisers grew its stake in shares of Gibraltar Industries by 4.7% during the 4th quarter. Rhumbline Advisers now owns 95,220 shares of the construction company's stock worth $5,608,000 after purchasing an additional 4,280 shares during the period. Hedge funds and other institutional investors own 98.39% of the company's stock.

Gibraltar Industries Price Performance

NASDAQ ROCK traded up $2.75 during trading hours on Friday, reaching $58.28. The company's stock had a trading volume of 103,793 shares, compared to its average volume of 215,377. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 13.03 and a beta of 1.22. The company's 50-day moving average is $58.80 and its two-hundred day moving average is $62.74. 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 posted its quarterly earnings data on Wednesday, April 30th. The construction company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.09. Gibraltar Industries had a net margin of 10.49% and a return on equity of 13.19%. The company had revenue of $290.02 million during the quarter, compared to analysts' expectations of $296.77 million. During the same period in the prior year, the business posted $0.80 earnings per share. The firm's revenue for the quarter was down .9% on a year-over-year basis. Equities analysts forecast that Gibraltar Industries, Inc. will post 4.91 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.