Gibraltar Industries, Inc. (ROCK) Holdings Lowered by Vanguard Group Inc.

Vanguard Group Inc. lowered its position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) by 19.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,759,225 shares of the construction company’s stock after selling 433,193 shares during the quarter. Vanguard Group Inc. owned 5.55% of Gibraltar Industries worth $62,716,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. lifted its position in shares of Gibraltar Industries by 81,038.7% during the 1st quarter. BlackRock Inc. now owns 3,777,007 shares of the construction company’s stock worth $155,611,000 after buying an additional 3,772,352 shares in the last quarter. Aberdeen Asset Management PLC UK lifted its position in shares of Gibraltar Industries by 56.6% during the 2nd quarter. Aberdeen Asset Management PLC UK now owns 1,739,266 shares of the construction company’s stock worth $62,005,000 after buying an additional 628,640 shares in the last quarter. Northern Trust Corp lifted its position in shares of Gibraltar Industries by 0.4% during the 2nd quarter. Northern Trust Corp now owns 1,220,001 shares of the construction company’s stock worth $43,492,000 after buying an additional 4,944 shares in the last quarter. FMR LLC lifted its position in shares of Gibraltar Industries by 2.7% during the 1st quarter. FMR LLC now owns 798,860 shares of the construction company’s stock worth $32,913,000 after buying an additional 20,669 shares in the last quarter. Finally, Pzena Investment Management LLC bought a new position in shares of Gibraltar Industries during the 2nd quarter worth approximately $28,294,000.

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Several research firms have commented on ROCK. BidaskClub cut shares of Gibraltar Industries from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. KeyCorp reissued a “buy” rating and set a $39.00 target price on shares of Gibraltar Industries in a research report on Sunday, October 15th. Finally, Zacks Investment Research raised shares of Gibraltar Industries from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. Gibraltar Industries has a consensus rating of “Hold” and a consensus target price of $44.50.

Gibraltar Industries Company Profile

Gibraltar Industries, Inc is a manufacturer and distributor of building products for industrial, transportation infrastructure, residential housing, renewable energy and resource conservation markets. The Company’s segments include Residential Products; Industrial and Infrastructure Products, and Renewable Energy and Conservation.

Institutional Ownership by Quarter for Gibraltar Industries (NASDAQ:ROCK)

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