Gamco Investors INC. ET AL Purchases 26,300 Shares of Gencor Industries, Inc. $GENC

Gamco Investors INC. ET AL raised its position in Gencor Industries, Inc. (NASDAQ:GENC) by 16.0% during the 1st quarter, HoldingsChannel reports. The fund owned 190,200 shares of the company’s stock after buying an additional 26,300 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Gencor Industries were worth $2,313,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Systematic Financial Management LP lifted its stake in Gencor Industries by 0.7% in the 1st quarter. Systematic Financial Management LP now owns 1,186,138 shares of the company’s stock valued at $14,423,000 after acquiring an additional 8,073 shares in the last quarter. Royce & Associates LP lifted its stake in Gencor Industries by 0.6% in the 1st quarter. Royce & Associates LP now owns 1,172,500 shares of the company’s stock valued at $14,258,000 after acquiring an additional 6,500 shares in the last quarter. De Lisle Partners LLP grew its stake in Gencor Industries by 4.8% in the first quarter. De Lisle Partners LLP now owns 146,222 shares of the company’s stock valued at $1,769,000 after purchasing an additional 6,700 shares in the last quarter. Nuveen LLC bought a new position in Gencor Industries in the first quarter valued at approximately $560,000. Finally, Nuveen Asset Management LLC grew its stake in Gencor Industries by 2.8% in the fourth quarter. Nuveen Asset Management LLC now owns 46,055 shares of the company’s stock valued at $813,000 after purchasing an additional 1,274 shares in the last quarter.

Gencor Industries Stock Down 0.4%

GENC stock opened at $16.40 on Friday. The business has a 50 day moving average price of $14.99 and a two-hundred day moving average price of $13.62. The company has a market cap of $240.39 million, a price-to-earnings ratio of 14.91 and a beta of 0.55. Gencor Industries, Inc. has a twelve month low of $10.80 and a twelve month high of $22.82.

Analysts Set New Price Targets

Separately, Wall Street Zen assumed coverage on Gencor Industries in a research note on Friday, May 16th. They issued a “hold” rating for the company.

About Gencor Industries

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.