SG Americas Securities LLC Makes New $117,000 Investment in Gibraltar Industries, Inc. (NASDAQ:ROCK)

SG Americas Securities LLC bought a new position in Gibraltar Industries, Inc. (NASDAQ:ROCK) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,982 shares of the construction company’s stock, valued at approximately $117,000.

A number of other institutional investors also recently modified their holdings of ROCK. GAMMA Investing LLC raised its stake in shares of Gibraltar Industries by 30.6% during the third quarter. GAMMA Investing LLC now owns 725 shares of the construction company’s stock worth $51,000 after buying an additional 170 shares during the last quarter. Inspire Investing LLC raised its stake in shares of Gibraltar Industries by 14.5% during the third quarter. Inspire Investing LLC now owns 5,884 shares of the construction company’s stock worth $411,000 after buying an additional 744 shares during the last quarter. Wesbanco Bank Inc. raised its stake in shares of Gibraltar Industries by 35.5% during the third quarter. Wesbanco Bank Inc. now owns 24,428 shares of the construction company’s stock worth $1,708,000 after buying an additional 6,400 shares during the last quarter. Bfsg LLC raised its stake in shares of Gibraltar Industries by 4,096.6% during the third quarter. Bfsg LLC now owns 69,705 shares of the construction company’s stock worth $4,874,000 after buying an additional 68,044 shares during the last quarter. Finally, nVerses Capital LLC raised its stake in shares of Gibraltar Industries by 62.5% during the third quarter. nVerses Capital LLC now owns 1,300 shares of the construction company’s stock worth $91,000 after buying an additional 500 shares during the last quarter. 98.39% of the stock is owned by institutional investors.

Gibraltar Industries Stock Performance

Shares of NASDAQ:ROCK opened at $60.37 on Wednesday. Gibraltar Industries, Inc. has a 52 week low of $55.31 and a 52 week high of $87.40. The company has a market capitalization of $1.83 billion, a PE ratio of 16.77 and a beta of 1.20. The company has a 50 day moving average price of $62.02 and a two-hundred day moving average price of $66.52.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Gibraltar Industries from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, December 31st.

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.