EP Wealth Advisors LLC Has $238,000 Stock Position in Gibraltar Industries, Inc. (NASDAQ:ROCK)

EP Wealth Advisors LLC raised its position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) by 13.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,047 shares of the construction company’s stock after purchasing an additional 470 shares during the period. EP Wealth Advisors LLC’s holdings in Gibraltar Industries were worth $238,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in ROCK. Barclays PLC raised its position in Gibraltar Industries by 93.8% during the third 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 in the last quarter. Park Avenue Securities LLC raised its position in Gibraltar Industries by 12.8% during the fourth quarter. Park Avenue Securities LLC now owns 3,603 shares of the construction company’s stock valued at $212,000 after purchasing an additional 410 shares in the last quarter. Wedge Capital Management L L P NC acquired a new position in Gibraltar Industries during the fourth quarter valued at approximately $1,727,000. SG Americas Securities LLC acquired a new position in Gibraltar Industries during the fourth quarter valued at approximately $117,000. Finally, Inspire Investing LLC raised its position in Gibraltar Industries by 15.3% during the fourth quarter. Inspire Investing LLC now owns 6,785 shares of the construction company’s stock valued at $400,000 after purchasing an additional 901 shares in the last quarter. 98.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Gibraltar Industries from a “hold” rating to a “buy” rating in a research report on Tuesday.

Insider Transactions at Gibraltar Industries

In other news, Director James B. Nish sold 2,670 shares of the company’s stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $57.58, for a total transaction of $153,738.60. Following the completion of the transaction, the director now directly owns 13,148 shares in the company, valued at approximately $757,061.84. This represents a 16.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.50% of the company’s stock.

Gibraltar Industries Stock Performance

Shares of NASDAQ:ROCK opened at $63.09 on Wednesday. The company has a fifty day moving average of $57.68 and a 200-day moving average of $62.29. The company has a market capitalization of $1.86 billion, a PE ratio of 14.11 and a beta of 1.30. Gibraltar Industries, Inc. has a 52-week low of $48.96 and a 52-week high of $81.90.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings results on Wednesday, April 30th. The construction company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.09. The company had revenue of $290.02 million during the quarter, compared to the consensus estimate of $296.77 million. Gibraltar Industries had a net margin of 10.49% and a return on equity of 13.19%. The company’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.80 earnings per share. On average, equities analysts forecast that Gibraltar Industries, Inc. will post 4.91 EPS for the current fiscal year.

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.