De Lisle Partners LLP acquired a new position in Gencor Industries, Inc. (NASDAQ:GENC – Free Report) during the 2nd quarter, HoldingsChannel reports. The fund acquired 151,222 shares of the company’s stock, valued at approximately $2,265,000.
Several other institutional investors also recently modified their holdings of GENC. Royal Bank of Canada increased its holdings in Gencor Industries by 295.9% in the fourth quarter. Royal Bank of Canada now owns 1,932 shares of the company’s stock valued at $25,000 after purchasing an additional 1,444 shares during the period. BNP Paribas Financial Markets lifted its holdings in Gencor Industries by 104.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,633 shares of the company’s stock worth $39,000 after buying an additional 1,343 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of Gencor Industries in the 4th quarter valued at about $55,000. Raymond James Financial Inc. bought a new stake in shares of Gencor Industries in the 2nd quarter valued at about $75,000. Finally, Russell Investments Group Ltd. increased its stake in shares of Gencor Industries by 403.2% in the second quarter. Russell Investments Group Ltd. now owns 5,465 shares of the company’s stock valued at $82,000 after buying an additional 4,379 shares during the period.
Gencor Industries Trading Down 0.1%
Shares of GENC stock opened at $19.02 on Friday. Gencor Industries, Inc. has a 1-year low of $12.22 and a 1-year high of $20.19. The stock has a market cap of $278.80 million, a price-to-earnings ratio of 17.29 and a beta of 0.49. The stock has a 50-day moving average of $15.71 and a 200-day moving average of $15.19.
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.
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