13,818 Shares in Gibraltar Industries, Inc. (NASDAQ:ROCK) Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC purchased a new position in Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 13,818 shares of the construction company's stock, valued at approximately $1,091,000.

A number of other institutional investors have also recently bought and sold shares of ROCK. Legato Capital Management LLC acquired a new stake in Gibraltar Industries during the 4th quarter worth about $1,008,000. Pacer Advisors Inc. boosted its holdings in shares of Gibraltar Industries by 122.0% during the fourth quarter. Pacer Advisors Inc. now owns 820,031 shares of the construction company's stock worth $64,766,000 after purchasing an additional 450,665 shares during the period. Nordea Investment Management AB grew its position in Gibraltar Industries by 7.6% during the fourth quarter. Nordea Investment Management AB now owns 113,760 shares of the construction company's stock valued at $9,005,000 after purchasing an additional 8,055 shares in the last quarter. Qube Research & Technologies Ltd increased its stake in Gibraltar Industries by 79.4% in the 3rd quarter. Qube Research & Technologies Ltd now owns 78,786 shares of the construction company's stock valued at $5,319,000 after buying an additional 34,866 shares during the period. Finally, AlphaMark Advisors LLC lifted its position in 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 in the last quarter. Hedge funds and other institutional investors own 98.39% of the company's stock.

Gibraltar Industries Trading Down 2.0 %

NASDAQ ROCK traded down $1.46 on Tuesday, reaching $71.46. The stock had a trading volume of 168,988 shares, compared to its average volume of 172,493. Gibraltar Industries, Inc. has a 1 year low of $48.76 and a 1 year high of $87.40. The business has a 50 day moving average price of $76.25 and a 200 day moving average price of $74.79. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 19.91 and a beta of 1.17.

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The construction company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.01). The firm had revenue of $328.80 million during the quarter, compared to the consensus estimate of $331.40 million. Gibraltar Industries had a net margin of 8.02% and a return on equity of 14.50%. The company's quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.72 EPS. On average, analysts anticipate that Gibraltar Industries, Inc. will post 4.73 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Gibraltar Industries from a "buy" rating to a "strong-buy" rating in a report on Monday.

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.