Barrow Hanley Mewhinney & Strauss LLC Trims Holdings in Gibraltar Industries, Inc. (NASDAQ:ROCK)

Barrow Hanley Mewhinney & Strauss LLC reduced its stake in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 804,011 shares of the construction company's stock after selling 34,528 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned 2.65% of Gibraltar Industries worth $47,356,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ROCK. Charles Schwab Investment Management Inc. raised its position in Gibraltar Industries by 5.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 410,781 shares of the construction company's stock valued at $28,726,000 after purchasing an additional 19,614 shares during the last quarter. Citigroup Inc. boosted its position in shares of Gibraltar Industries by 29.5% in the 3rd quarter. Citigroup Inc. now owns 58,768 shares of the construction company's stock worth $4,110,000 after purchasing an additional 13,392 shares in the last quarter. FMR LLC raised its stake in Gibraltar Industries by 1,663.5% during the third quarter. FMR LLC now owns 726,667 shares of the construction company's stock valued at $50,816,000 after buying an additional 685,462 shares during the last quarter. Quantbot Technologies LP raised its position in shares of Gibraltar Industries by 49.6% in the 3rd quarter. Quantbot Technologies LP now owns 19,210 shares of the construction company's stock worth $1,343,000 after purchasing an additional 6,368 shares during the last quarter. Finally, Glenmede Trust Co. NA raised its holdings in Gibraltar Industries by 25.5% in the third quarter. Glenmede Trust Co. NA now owns 3,832 shares of the construction company's stock worth $268,000 after buying an additional 778 shares during the last quarter. Hedge funds and other institutional investors own 98.39% of the company's stock.

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Analyst Upgrades and Downgrades

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

Gibraltar Industries Trading Up 1.8 %

NASDAQ:ROCK traded up $1.05 during mid-day trading on Wednesday, reaching $59.09. The company's stock had a trading volume of 279,279 shares, compared to its average volume of 201,628. The firm's fifty day moving average price is $62.65 and its two-hundred day moving average price is $65.50. The stock has a market cap of $1.75 billion, a P/E ratio of 13.22 and a beta of 1.20. Gibraltar Industries, Inc. has a 12-month low of $55.31 and a 12-month high of $81.90.

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The construction company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.95 by $0.06. The company 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%. Gibraltar Industries's revenue was down 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.85 earnings per share. Analysts predict that Gibraltar Industries, Inc. will post 4.91 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.