Gibraltar Industries, Inc. (NASDAQ:ROCK) Shares Sold by Jump Financial LLC

Jump Financial LLC decreased its position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) by 31.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,641 shares of the construction company's stock after selling 7,652 shares during the quarter. Jump Financial LLC owned 0.05% of Gibraltar Industries worth $980,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Wellington Management Group LLP raised its position in shares of Gibraltar Industries by 34.7% during the 4th quarter. Wellington Management Group LLP now owns 1,541,070 shares of the construction company's stock worth $90,769,000 after purchasing an additional 397,313 shares during the last quarter. Renaissance Technologies LLC raised its holdings in shares of Gibraltar Industries by 52.8% in the fourth quarter. Renaissance Technologies LLC now owns 260,465 shares of the construction company's stock worth $15,341,000 after acquiring an additional 90,000 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Gibraltar Industries by 124.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 129,043 shares of the construction company's stock valued at $7,601,000 after acquiring an additional 71,532 shares in the last quarter. JPMorgan Chase & Co. increased its position in Gibraltar Industries by 39.5% during the 4th quarter. JPMorgan Chase & Co. now owns 204,466 shares of the construction company's stock worth $12,043,000 after purchasing an additional 57,928 shares in the last quarter. Finally, Barclays PLC raised its stake in Gibraltar Industries by 93.8% in the 3rd quarter. Barclays PLC now owns 103,324 shares of the construction company's stock valued at $7,226,000 after purchasing an additional 50,017 shares during the last quarter. 98.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Gibraltar Industries Price Performance

ROCK stock traded up $1.57 on Thursday, hitting $52.85. 212,483 shares of the company were exchanged, compared to its average volume of 213,667. The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of 11.82 and a beta of 1.22. The business's fifty day moving average is $59.83 and its two-hundred day moving average is $63.29. Gibraltar Industries, Inc. has a twelve month low of $48.96 and a twelve month high of $81.90.

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