Skylands Capital LLC Sells 9,300 Shares of Gibraltar Industries, Inc. (NASDAQ:ROCK)

Skylands Capital LLC lowered its position in Gibraltar Industries, Inc. (NASDAQ:ROCK - Get Rating) by 86.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,500 shares of the construction company's stock after selling 9,300 shares during the period. Skylands Capital LLC's holdings in Gibraltar Industries were worth $69,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Maryland State Retirement & Pension System purchased a new position in shares of Gibraltar Industries in the fourth quarter valued at about $585,000. Victory Capital Management Inc. lifted its position in shares of Gibraltar Industries by 4.1% in the third quarter. Victory Capital Management Inc. now owns 1,395,992 shares of the construction company's stock valued at $57,138,000 after acquiring an additional 55,063 shares in the last quarter. Teacher Retirement System of Texas lifted its position in shares of Gibraltar Industries by 144.4% in the third quarter. Teacher Retirement System of Texas now owns 13,018 shares of the construction company's stock valued at $533,000 after acquiring an additional 7,692 shares in the last quarter. Gabelli Funds LLC lifted its position in shares of Gibraltar Industries by 2.3% in the third quarter. Gabelli Funds LLC now owns 35,800 shares of the construction company's stock valued at $1,465,000 after acquiring an additional 800 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its position in shares of Gibraltar Industries by 10.2% in the third quarter. Gamco Investors INC. ET AL now owns 84,650 shares of the construction company's stock valued at $3,465,000 after acquiring an additional 7,850 shares in the last quarter. 98.18% of the stock is currently owned by hedge funds and other institutional investors.

ROCK opened at $54.63 on Friday. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 19.72 and a beta of 1.14. The stock's 50 day moving average price is $49.33 and its 200-day moving average price is $50.07. Gibraltar Industries, Inc. has a one year low of $36.58 and a one year high of $57.53. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.07 and a current ratio of 1.79.

Gibraltar Industries (NASDAQ:ROCK - Get Rating) last released its earnings results on Wednesday, May 3rd. The construction company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $0.08. The firm had revenue of $293.27 million for the quarter, compared to analysts' expectations of $298.90 million. Gibraltar Industries had a return on equity of 13.43% and a net margin of 6.45%. The company's quarterly revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 earnings per share. On average, equities analysts forecast that Gibraltar Industries, Inc. will post 3.55 EPS for the current year.

Several brokerages have recently commented on ROCK. StockNews.com initiated coverage on Gibraltar Industries in a research report on Thursday, March 16th. They issued a "buy" rating on the stock. TheStreet raised Gibraltar Industries from a "c+" rating to a "b-" rating in a research note on Thursday, February 16th.

Gibraltar Industries, Inc engages in the manufacture and provision of products and services for the renewable energy, residential, and infrastructure markets. It operates through the following segments: Residential, Infrastructure, Renewable and Agtech. The Residential segment includes roof and foundation ventilation products, rain dispersion products and roofing accessories, centralized mail systems, and electronic package solutions.

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