Gibraltar Industries, Inc. (NASDAQ:ROCK) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its holdings in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) by 3.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,538 shares of the construction company’s stock after selling 352 shares during the quarter. Yousif Capital Management LLC’s holdings in Gibraltar Industries were worth $680,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Farther Finance Advisors LLC increased its position in shares of Gibraltar Industries by 271.6% during the third quarter. Farther Finance Advisors LLC now owns 379 shares of the construction company’s stock worth $27,000 after purchasing an additional 277 shares in the last quarter. Atticus Wealth Management LLC purchased a new position in Gibraltar Industries during the 4th quarter worth approximately $53,000. KBC Group NV increased its position in Gibraltar Industries by 50.2% during the fourth quarter. KBC Group NV now owns 1,436 shares of the construction company’s stock worth $85,000 after buying an additional 480 shares during the period. nVerses Capital LLC lifted its stake in Gibraltar Industries by 62.5% in the third quarter. nVerses Capital LLC now owns 1,300 shares of the construction company’s stock valued at $91,000 after buying an additional 500 shares during the last quarter. Finally, Quarry LP boosted its holdings in shares of Gibraltar Industries by 33.3% in the third 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 period. Hedge funds and other institutional investors own 98.39% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Gibraltar Industries from a “strong-buy” rating to a “buy” rating in a report on Wednesday.

Gibraltar Industries Stock Down 0.4 %

Shares of ROCK opened at $58.85 on Friday. Gibraltar Industries, Inc. has a 52-week low of $55.31 and a 52-week high of $87.19. The company has a 50-day simple moving average of $61.28 and a 200-day simple moving average of $66.16. The company has a market capitalization of $1.79 billion, a PE ratio of 16.35 and a beta of 1.20.

Gibraltar Industries 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.