Barclays PLC Has $7.23 Million Holdings in Gibraltar Industries, Inc. (NASDAQ:ROCK)

Barclays PLC boosted its holdings in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) by 93.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 103,324 shares of the construction company's stock after buying an additional 50,017 shares during the quarter. Barclays PLC owned approximately 0.34% of Gibraltar Industries worth $7,226,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in ROCK. Farther Finance Advisors LLC increased its stake in shares of Gibraltar Industries by 271.6% during the third quarter. Farther Finance Advisors LLC now owns 379 shares of the construction company's stock worth $27,000 after purchasing an additional 277 shares during the period. Innealta Capital LLC bought a new stake in shares of Gibraltar Industries during the 2nd quarter worth approximately $39,000. GAMMA Investing LLC boosted its position in shares of Gibraltar Industries by 30.6% during the 3rd quarter. GAMMA Investing LLC now owns 725 shares of the construction company's stock worth $51,000 after acquiring an additional 170 shares in the last quarter. nVerses Capital LLC bought a new position in Gibraltar Industries in the second quarter valued at approximately $55,000. Finally, Quarry LP raised its position in Gibraltar Industries by 428.9% during the second quarter. Quarry LP now owns 989 shares of the construction company's stock valued at $68,000 after purchasing an additional 802 shares in the last quarter. 98.39% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com upgraded Gibraltar Industries from a "buy" rating to a "strong-buy" rating in a research note on Friday, December 13th.

Gibraltar Industries Stock Down 2.1 %

Shares of ROCK stock traded down $1.32 on Thursday, reaching $60.59. The company had a trading volume of 261,131 shares, compared to its average volume of 174,816. The business's 50-day moving average is $69.18 and its 200 day moving average is $69.70. Gibraltar Industries, Inc. has a one year low of $60.53 and a one year high of $87.40. The stock has a market capitalization of $1.84 billion, a PE ratio of 16.83 and a beta of 1.15.

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last posted its earnings results on Wednesday, October 30th. The construction company reported $1.27 earnings per share for the quarter, topping analysts' consensus estimates of $1.26 by $0.01. Gibraltar Industries had a net margin of 8.28% and a return on equity of 13.13%. The firm had revenue of $361.20 million for the quarter, compared to analysts' expectations of $360.43 million. During the same quarter in the previous year, the firm posted $1.38 earnings per share. The company's revenue was down 7.6% on a year-over-year basis. On average, sell-side analysts forecast that Gibraltar Industries, Inc. will post 4.18 earnings per share for the current fiscal 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.