Gencor Industries Inc. (GENC) Position Raised by Fmr LLC

Fmr LLC boosted its holdings in shares of Gencor Industries Inc. (NASDAQ:GENC) by 0.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,514 shares of the industrial products company’s stock after purchasing an additional 14 shares during the period. Fmr LLC owned 1.62% of Gencor Industries worth $3,767,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in GENC. Concert Wealth Management Inc. acquired a new stake in Gencor Industries during the 2nd quarter valued at $173,000. Greenwood Capital Associates LLC increased its holdings in Gencor Industries by 1.1% during the 2nd quarter. Greenwood Capital Associates LLC now owns 11,045 shares of the industrial products company’s stock valued at $179,000 after purchasing an additional 117 shares in the last quarter. Municipal Employees Retirement System of Michigan acquired a new stake in Gencor Industries during the 2nd quarter valued at $336,000. QCI Asset Management Inc. NY increased its holdings in Gencor Industries by 7.5% during the 2nd quarter. QCI Asset Management Inc. NY now owns 21,500 shares of the industrial products company’s stock valued at $348,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Shufro Rose & Co. LLC acquired a new stake in Gencor Industries during the 2nd quarter valued at $413,000. 39.95% of the stock is owned by hedge funds and other institutional investors.

WARNING: This piece was posted by Community Financial News and is the property of of Community Financial News. If you are reading this piece on another website, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece can be read at https://www.com-unik.info/2017/11/06/gencor-industries-inc-genc-position-raised-by-fmr-llc.html.

In other Gencor Industries news, major shareholder Sherry Houtkin sold 12,306 shares of the stock in a transaction on Tuesday, October 17th. The stock was sold at an average price of $18.14, for a total value of $223,230.84. Following the transaction, the insider now directly owns 1,250,307 shares in the company, valued at approximately $22,680,568.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Eric E. Mellen sold 11,750 shares of the stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $16.55, for a total value of $194,462.50. Following the completion of the transaction, the chief financial officer now owns 14,250 shares in the company, valued at $235,837.50. The disclosure for this sale can be found here. Insiders sold a total of 316,754 shares of company stock worth $5,566,469 over the last quarter. Corporate insiders own 31.82% of the company’s stock.

Gencor Industries Inc. (GENC) opened at $17.60 on Monday. The company has a market capitalization of $253.44, a price-to-earnings ratio of 27.94 and a beta of 0.63. Gencor Industries Inc. has a 12-month low of $11.50 and a 12-month high of $18.45.

Gencor Industries Profile

Gencor Industries, Inc is a manufacturer of heavy machinery used in the production of highway construction materials, synthetic fuels and environmental control equipment. The Company designs, manufactures and sells machinery and related equipment used primarily for the production of asphalt and highway construction materials.

Want to see what other hedge funds are holding GENC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gencor Industries Inc. (NASDAQ:GENC).

Institutional Ownership by Quarter for Gencor Industries (NASDAQ:GENC)

What are top analysts saying about Gencor Industries Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Gencor Industries Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit