Van Hulzen Asset Management LLC raised its holdings in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK – Free Report) by 8.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,207 shares of the construction company’s stock after purchasing an additional 2,156 shares during the quarter. Van Hulzen Asset Management LLC owned 0.10% of Gibraltar Industries worth $2,002,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the stock. Texas Permanent School Fund Corp lifted its holdings in Gibraltar Industries by 27.7% during the 2nd quarter. Texas Permanent School Fund Corp now owns 34,006 shares of the construction company’s stock valued at $2,331,000 after buying an additional 7,369 shares in the last quarter. Roof Eidam Maycock Peralta LLC raised its stake in shares of Gibraltar Industries by 3.9% during the second quarter. Roof Eidam Maycock Peralta LLC now owns 25,695 shares of the construction company’s stock valued at $1,761,000 after acquiring an additional 965 shares in the last quarter. Quest Partners LLC boosted its holdings in shares of Gibraltar Industries by 435.0% in the second quarter. Quest Partners LLC now owns 21,771 shares of the construction company’s stock valued at $1,492,000 after purchasing an additional 17,702 shares during the period. Anchor Capital Advisors LLC grew its stake in Gibraltar Industries by 6.2% in the second quarter. Anchor Capital Advisors LLC now owns 18,938 shares of the construction company’s stock worth $1,298,000 after purchasing an additional 1,107 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new position in Gibraltar Industries during the 2nd quarter worth $444,000. 98.39% of the stock is owned by hedge funds and other institutional investors.
Gibraltar Industries Price Performance
Shares of Gibraltar Industries stock opened at $65.19 on Tuesday. Gibraltar Industries, Inc. has a 1 year low of $59.66 and a 1 year high of $87.40. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 17.52 and a beta of 1.15. The firm’s 50-day moving average is $69.92 and its two-hundred day moving average is $72.57.
Wall Street Analyst Weigh In
Separately, StockNews.com cut Gibraltar Industries from a “strong-buy” rating to a “buy” rating in a report on Friday, August 2nd.
Get Our Latest Research Report on Gibraltar Industries
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.
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