Gibraltar Industries Inc (ROCK) : Hcsf Management reduced its stake in Gibraltar Industries Inc by 43.22% during the most recent quarter end. The investment management company now holds a total of 372,563 shares of Gibraltar Industries Inc which is valued at $16,001,581 after selling 283,637 shares in Gibraltar Industries Inc , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Gibraltar Industries Inc makes up approximately 12.79% of Hcsf Management’s portfolio.
Other Hedge Funds, Including , Aqr Capital Management boosted its stake in ROCK in the latest quarter, The investment management firm added 290,469 additional shares and now holds a total of 496,800 shares of Gibraltar Industries Inc which is valued at $21,337,560. Gibraltar Industries Inc makes up approx 0.03% of Aqr Capital Management’s portfolio.Citadel Advisors reduced its stake in ROCK by selling 91,294 shares or 68.91% in the most recent quarter. The Hedge Fund company now holds 41,197 shares of ROCK which is valued at $1,783,830.Epoch Investment Partners boosted its stake in ROCK in the latest quarter, The investment management firm added 16,422 additional shares and now holds a total of 331,457 shares of Gibraltar Industries Inc which is valued at $14,352,088. Gibraltar Industries Inc makes up approx 0.05% of Epoch Investment Partners’s portfolio.Globeflex Capital L P reduced its stake in ROCK by selling 38 shares or 47.5% in the most recent quarter. The Hedge Fund company now holds 42 shares of ROCK which is valued at $1,804. Huntington National Bank sold out all of its stake in ROCK during the most recent quarter. The investment firm sold 909 shares of ROCK which is valued $35,542.
Gibraltar Industries Inc opened for trading at $45.05 and hit $45.8 on the upside on Monday, eventually ending the session at $45.55, with a gain of 1.56% or 0.7 points. The heightened volatility saw the trading volume jump to 2,54,505 shares. Company has a market cap of $1,436 M.
On the company’s financial health, Gibraltar Industries Inc reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Oct 27, 2016. Analyst had a consensus of $0.49. The company had revenue of $273.00 million for the quarter, compared to analysts expectations of $274.49 million. The company’s revenue was down -10.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.50 EPS.
Gibraltar Industries Inc. is a manufacturer and distributor of products that provide structural and architectural enhancements for residential homes retail other commercial and professional buildings industrial plants bridges and a range of other structures. The Company operates through two segments: Residential Products and Industrial and Infrastructure Products. Residential Products primarily includes roof and foundation ventilation products mail and package storage products rain dispersion products and roofing accessories. The Industrial and Infrastructure Products primarily includes fabricated bar grating expanded and perforated metal expansion joints and structural bearings. The Company serves customers in North America Europe Asia Africa Australia and Central and South America. As of December 31 2014 the Company operated 35 facilities in the United States five in Canada and two in Europe of which 27 were leased and 15 were owned.