Gamco Investors INC. ET AL Acquires 44,000 Shares of Gencor Industries, Inc. $GENC

Gamco Investors INC. ET AL lifted its holdings in shares of Gencor Industries, Inc. (NASDAQ:GENC) by 17.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 302,200 shares of the company’s stock after purchasing an additional 44,000 shares during the quarter. Gamco Investors INC. ET AL owned 2.06% of Gencor Industries worth $4,533,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of GENC. Goldman Sachs Group Inc. raised its stake in Gencor Industries by 16.5% in the first quarter. Goldman Sachs Group Inc. now owns 87,782 shares of the company’s stock valued at $1,067,000 after purchasing an additional 12,462 shares in the last quarter. Jane Street Group LLC purchased a new position in Gencor Industries in the 1st quarter worth approximately $194,000. Strs Ohio purchased a new position in Gencor Industries in the 1st quarter worth approximately $136,000. Geode Capital Management LLC increased its holdings in shares of Gencor Industries by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 240,729 shares of the company’s stock worth $3,371,000 after buying an additional 2,913 shares during the last quarter. Finally, Hsbc Holdings PLC increased its holdings in shares of Gencor Industries by 78.6% in the 2nd quarter. Hsbc Holdings PLC now owns 27,742 shares of the company’s stock worth $416,000 after buying an additional 12,213 shares during the last quarter.

Gencor Industries Stock Performance

Gencor Industries stock opened at $15.23 on Monday. Gencor Industries, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $17.40. The stock has a market cap of $223.24 million, a P/E ratio of 13.85 and a beta of 0.48. The firm’s fifty day moving average price is $14.94 and its 200-day moving average price is $14.81.

Gencor Industries Profile

Gencor Industries, Inc, together with its subsidiaries, designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment. It offers hot-mix asphalt plants to produce asphalt paving materials; related asphalt plant equipment, including hot-mix storage silos, fabric filtration systems, cold feed bins, and other plant components; and a range of mobile batch plants. The company also provides combustion systems that transform solid, liquid, or gaseous fuels into usable energy, or burn multiple fuels in asphalt and aggregate drying industries; and combustion systems for rotary dryers, kilns, fume and liquid incinerators, and fuel heaters, as well as industrial incinerators.