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

EP Wealth Advisors LLC boosted its stake in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 13.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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.

A number of other institutional investors and hedge funds have also bought and sold shares of ROCK. Wellington Management Group LLP increased its holdings in Gibraltar Industries by 34.7% in the fourth quarter. Wellington Management Group LLP now owns 1,541,070 shares of the construction company’s stock valued at $90,769,000 after purchasing an additional 397,313 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in Gibraltar Industries by 32.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 570,520 shares of the construction company’s stock valued at $33,604,000 after acquiring an additional 140,784 shares during the last quarter. Renaissance Technologies LLC boosted its position in Gibraltar Industries by 52.8% during the fourth quarter. Renaissance Technologies LLC now owns 260,465 shares of the construction company’s stock valued at $15,341,000 after acquiring an additional 90,000 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Gibraltar Industries by 124.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 129,043 shares of the construction company’s stock valued at $7,601,000 after acquiring an additional 71,532 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Gibraltar Industries by 39.5% during the fourth quarter. JPMorgan Chase & Co. now owns 204,466 shares of the construction company’s stock valued at $12,043,000 after acquiring an additional 57,928 shares during 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 raised shares of Gibraltar Industries from a “hold” rating to a “buy” rating in a research report on Tuesday.

Gibraltar Industries Trading Up 1.9%

Shares of ROCK opened at $63.09 on Wednesday. The stock has a market capitalization of $1.86 billion, a P/E ratio of 14.11 and a beta of 1.30. The firm’s fifty day simple moving average is $57.68 and its two-hundred day simple moving average is $62.29. Gibraltar Industries, Inc. has a 12 month low of $48.96 and a 12 month high of $81.90.

Gibraltar Industries (NASDAQ:ROCK) last issued its quarterly earnings results on Wednesday, April 30th. The construction company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.09. The business had revenue of $290.02 million for the quarter, compared to analysts’ expectations of $296.77 million. Gibraltar Industries had a net margin of 10.49% and a return on equity of 13.19%. The business’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.80 earnings per share. As a group, research analysts predict that Gibraltar Industries, Inc. will post 4.91 EPS for the current fiscal year.

Insider Transactions at Gibraltar Industries

In other news, Director James B. Nish sold 1,172 shares of the stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $58.21, for a total transaction of $68,222.12. Following the transaction, the director now owns 11,976 shares of the company’s stock, valued at $697,122.96. This represents a 8.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.50% of the company’s stock.

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.