Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Gibraltar Industries, Inc. (NASDAQ:ROCK – Free Report) in the second quarter, Holdings Channel.com reports. The firm purchased 15,000 shares of the construction company’s stock, valued at approximately $1,028,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of ROCK. Innealta Capital LLC purchased a new position in Gibraltar Industries in the second quarter valued at about $39,000. nVerses Capital LLC purchased a new position in Gibraltar Industries in the second quarter valued at about $55,000. Quarry LP boosted its holdings in Gibraltar Industries by 428.9% in the second quarter. Quarry LP now owns 989 shares of the construction company’s stock valued at $68,000 after purchasing an additional 802 shares during the last quarter. Point72 DIFC Ltd boosted its holdings in Gibraltar Industries by 92.1% in the second quarter. Point72 DIFC Ltd now owns 1,329 shares of the construction company’s stock valued at $91,000 after purchasing an additional 637 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its holdings in Gibraltar Industries by 9,273.9% in the first quarter. Lazard Asset Management LLC now owns 2,156 shares of the construction company’s stock valued at $173,000 after purchasing an additional 2,133 shares during the last quarter. Hedge funds and other institutional investors own 98.39% of the company’s stock.
Gibraltar Industries Stock Down 0.5 %
NASDAQ:ROCK opened at $71.01 on Tuesday. The business’s 50 day moving average is $68.28 and its two-hundred day moving average is $71.63. Gibraltar Industries, Inc. has a 52 week low of $59.66 and a 52 week high of $87.40. The company has a market cap of $2.16 billion, a PE ratio of 19.09 and a beta of 1.14.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded Gibraltar Industries from a “strong-buy” rating to a “buy” rating in a report on Friday, August 2nd.
Get Our Latest Analysis 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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