Jane Street Group LLC Raises Stock Position in Gibraltar Industries, Inc. (NASDAQ:ROCK)

Jane Street Group LLC lifted its stake in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) by 50.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 53,397 shares of the construction company's stock after purchasing an additional 17,938 shares during the period. Jane Street Group LLC owned 0.18% of Gibraltar Industries worth $3,734,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. State Street Corp boosted its stake in Gibraltar Industries by 4.6% during the third quarter. State Street Corp now owns 1,278,283 shares of the construction company's stock worth $89,390,000 after buying an additional 56,008 shares during the last quarter. Quadrature Capital Ltd raised its holdings in shares of Gibraltar Industries by 89.1% during the 3rd quarter. Quadrature Capital Ltd now owns 7,209 shares of the construction company's stock worth $504,000 after acquiring an additional 3,397 shares during the period. Quarry LP boosted its position in shares of Gibraltar Industries by 33.3% during the 3rd quarter. Quarry LP now owns 1,318 shares of the construction company's stock valued at $92,000 after acquiring an additional 329 shares during the last quarter. Point72 DIFC Ltd grew its holdings in shares of Gibraltar Industries by 314.1% in the third quarter. Point72 DIFC Ltd now owns 5,504 shares of the construction company's stock valued at $385,000 after purchasing an additional 4,175 shares during the period. Finally, HighTower Advisors LLC increased its position in Gibraltar Industries by 11.9% during the third quarter. HighTower Advisors LLC now owns 3,442 shares of the construction company's stock worth $245,000 after purchasing an additional 366 shares during the last quarter. 98.39% of the stock is currently owned by hedge funds and other institutional investors.

Gibraltar Industries Trading Up 0.0 %

Gibraltar Industries stock traded up $0.02 during mid-day trading on Friday, hitting $60.61. The company's stock had a trading volume of 1,652,870 shares, compared to its average volume of 180,964. Gibraltar Industries, Inc. has a 1 year low of $59.61 and a 1 year high of $87.40. The firm has a market capitalization of $1.84 billion, a PE ratio of 16.84 and a beta of 1.15. The stock's fifty day moving average is $68.99 and its two-hundred day moving average is $69.64.

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

Analyst Ratings Changes

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

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.