Guidance Capital Inc. Invests $469,000 in Gibraltar Industries, Inc. (NASDAQ:ROCK)

Guidance Capital Inc. acquired a new position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,532 shares of the construction company’s stock, valued at approximately $469,000.

Several other large investors have also modified their holdings of ROCK. FMR LLC lifted its holdings in shares of Gibraltar Industries by 1,663.5% in the third quarter. FMR LLC now owns 726,667 shares of the construction company’s stock valued at $50,816,000 after purchasing an additional 685,462 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Gibraltar Industries by 27.8% in the third quarter. Victory Capital Management Inc. now owns 1,481,674 shares of the construction company’s stock valued at $103,613,000 after purchasing an additional 322,422 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Gibraltar Industries by 196.4% in the second quarter. Millennium Management LLC now owns 123,438 shares of the construction company’s stock valued at $8,462,000 after purchasing an additional 81,791 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Gibraltar Industries by 14.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 648,054 shares of the construction company’s stock valued at $45,318,000 after purchasing an additional 81,401 shares in the last quarter. Finally, Bfsg LLC lifted its holdings in shares of Gibraltar Industries by 4,096.6% in the third quarter. Bfsg LLC now owns 69,705 shares of the construction company’s stock valued at $4,874,000 after purchasing an additional 68,044 shares in the last quarter. 98.39% of the stock is owned by institutional investors.

Gibraltar Industries Stock Up 0.6 %

ROCK opened at $59.98 on Thursday. The stock has a fifty day moving average of $63.00 and a 200-day moving average of $67.13. The firm has a market capitalization of $1.82 billion, a P/E ratio of 16.66 and a beta of 1.20. Gibraltar Industries, Inc. has a 12-month low of $55.31 and a 12-month high of $87.40.

Analyst Ratings Changes

Separately, StockNews.com upgraded Gibraltar Industries from a “buy” rating to a “strong-buy” rating in a report on Tuesday, December 31st.

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.