Jump Financial LLC Has $980,000 Stock Position in Gibraltar Industries, Inc. (NASDAQ:ROCK)

Jump Financial LLC lowered its holdings in Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) by 31.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,641 shares of the construction company's stock after selling 7,652 shares during the period. Jump Financial LLC owned about 0.05% of Gibraltar Industries worth $980,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of ROCK. Sterling Capital Management LLC increased its holdings in Gibraltar Industries by 645.1% in the fourth quarter. Sterling Capital Management LLC now owns 529 shares of the construction company's stock valued at $31,000 after buying an additional 458 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Gibraltar Industries by 296.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 709 shares of the construction company's stock valued at $42,000 after acquiring an additional 530 shares during the last quarter. Atticus Wealth Management LLC acquired a new stake in shares of Gibraltar Industries during the 4th quarter valued at approximately $53,000. KBC Group NV lifted its stake in Gibraltar Industries by 50.2% during the fourth quarter. KBC Group NV now owns 1,436 shares of the construction company's stock worth $85,000 after purchasing an additional 480 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in Gibraltar Industries in the fourth quarter worth $117,000. Institutional investors and hedge funds own 98.39% of the company's stock.

Wall Street Analysts Forecast Growth

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

Gibraltar Industries Trading Up 0.6 %

NASDAQ ROCK traded up $0.32 during trading hours on Friday, reaching $53.17. The company's stock had a trading volume of 172,055 shares, compared to its average volume of 213,985. The stock has a market cap of $1.58 billion, a PE ratio of 11.89 and a beta of 1.22. The business has a 50-day simple moving average of $59.74 and a 200 day simple moving average of $63.07. Gibraltar Industries, Inc. has a 52 week low of $48.96 and a 52 week high of $81.90.

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The construction company reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.06. The business had revenue of $302.06 million during the quarter, compared to analyst estimates of $307.93 million. Gibraltar Industries had a return on equity of 13.19% and a net margin of 10.49%. The business's revenue for the quarter was down 8.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.85 EPS. As a group, equities analysts predict that Gibraltar Industries, Inc. will post 4.91 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.