nVerses Capital LLC Buys 500 Shares of Gibraltar Industries, Inc. (NASDAQ:ROCK)

nVerses Capital LLC raised its stake in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 62.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,300 shares of the construction company’s stock after acquiring an additional 500 shares during the period. nVerses Capital LLC’s holdings in Gibraltar Industries were worth $91,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Arizona State Retirement System increased its holdings in Gibraltar Industries by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 8,523 shares of the construction company’s stock valued at $584,000 after acquiring an additional 158 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Gibraltar Industries by 30.6% in the 3rd 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. Louisiana State Employees Retirement System increased its holdings in shares of Gibraltar Industries by 1.3% in the 2nd quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the construction company’s stock worth $1,049,000 after buying an additional 200 shares during the last quarter. Evergreen Capital Management LLC increased its holdings in shares of Gibraltar Industries by 10.6% in the 2nd quarter. Evergreen Capital Management LLC now owns 3,559 shares of the construction company’s stock worth $244,000 after buying an additional 340 shares during the last quarter. Finally, Texas Permanent School Fund Corp increased its holdings in shares of Gibraltar Industries by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 26,637 shares of the construction company’s stock worth $2,145,000 after buying an additional 345 shares during the last quarter. 98.39% of the stock is currently owned by institutional investors.

Gibraltar Industries Trading Up 0.6 %

ROCK stock opened at $67.61 on Monday. Gibraltar Industries, Inc. has a 12 month low of $59.66 and a 12 month high of $87.40. The company has a 50-day moving average price of $68.28 and a 200 day moving average price of $70.97. The stock has a market cap of $2.06 billion, a PE ratio of 18.17 and a beta of 1.14.

Gibraltar Industries (NASDAQ:ROCK) last released its quarterly earnings results on Wednesday, July 31st. The construction company reported $1.18 EPS for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.08). Gibraltar Industries had a return on equity of 13.91% and a net margin of 8.49%. The firm had revenue of $353.00 million for the quarter, compared to analysts’ expectations of $373.60 million. During the same period in the prior year, the firm posted $1.18 earnings per share. Gibraltar Industries’s revenue for the quarter was down 3.3% on a year-over-year basis. Sell-side analysts forecast that Gibraltar Industries, Inc. will post 4.18 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Gibraltar Industries from a “buy” rating to a “strong-buy” rating in a report on Monday, October 14th.

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.