2 weeks Ago By ABMN Staff
Quest Partners LLC purchased a new stake in shares of GMS Inc. ( NYSE:GMS – Free Report ) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,790 shares of the company’s stock, valued at approximately $144,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. grew its stake in GMS by 86.
4% during the second quarter. Blue Trust Inc. now owns 369 shares of the company’s stock valued at $30,000 after acquiring an additional 171 shares in the last quarter.
GAMMA Investing LLC raised its position in shares of GMS by 107.6% in the first quarter. GAMMA Investing LLC now owns 793 shares of the company’s stock worth $77,000 after buying an additional 411 shares in the last quarter.
EntryPoint Capital LLC purchased a new stake in shares of GMS in the first quarter worth $77,000. LRI Investments LLC bought a new stake in GMS during the first quarter valued at $127,000. Finally, TFO Wealth Partners LLC grew its position in GMS by 174,000.
0% during the fourth quarter. TFO Wealth Partners LLC now owns 1,741 shares of the company’s stock worth $144,000 after buying an additional 1,740 shares in the last quarter. 95.
28% of the stock is owned by hedge funds and other institutional investors. Insiders Place Their Bets In other news, SVP Craig D. Apolinsky sold 7,900 shares of the company’s stock in a transaction dated Tuesday, July 16th.
The shares were sold at an average price of $90.32, for a total transaction of $713,528.00.
Following the completion of the transaction, the senior vice president now directly owns 10,671 shares of the company’s stock, valued at $963,804.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink .
Insiders own 1.90% of the company’s stock. Wall Street Analyst Weigh In Get Our Latest Analysis on GMS GMS Stock Up 3.
4 % GMS opened at $89.19 on Tuesday. The company has a market cap of $3.
50 billion, a P/E ratio of 13.25 and a beta of 1.67.
GMS Inc. has a 12 month low of $56.58 and a 12 month high of $101.
04. The business’s 50-day moving average price is $88.92 and its 200-day moving average price is $90.
72. The company has a current ratio of 2.31, a quick ratio of 1.
45 and a debt-to-equity ratio of 0.90. GMS ( NYSE:GMS – Get Free Report ) last released its quarterly earnings data on Thursday, August 29th.
The company reported $1.93 earnings per share for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.
21). GMS had a net margin of 4.45% and a return on equity of 22.
02%. The company had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.
48 billion. During the same period last year, the company posted $2.40 EPS.
The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. On average, equities analysts expect that GMS Inc.
will post 7.95 EPS for the current year. GMS Profile ( Free Report ) GMS Inc distributes wallboard, ceilings, steel framing and complementary construction products in the United States and Canada.
The company offers ceilings products, including suspended mineral fibers, soft fibers, and metal ceiling systems primarily used in offices, hotels, hospitals, retail facilities, schools, and various other commercial and institutional buildings. Recommended Stories Want to see what other hedge funds are holding GMS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GMS Inc.
( NYSE:GMS – Free Report ). Receive News & Ratings for GMS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GMS and related companies with MarketBeat.com's FREE daily email newsletter .
.
