JPMorgan Chase & Co. increased its stake in Gencor Industries, Inc. (NASDAQ:GENC - Free Report) by 122.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,804 shares of the company's stock after buying an additional 24,093 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.30% of Gencor Industries worth $773,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Royce & Associates LP raised its position in Gencor Industries by 1.0% during the fourth quarter. Royce & Associates LP now owns 1,166,000 shares of the company's stock worth $20,580,000 after acquiring an additional 12,000 shares in the last quarter. Barclays PLC raised its holdings in shares of Gencor Industries by 82.7% in the 3rd quarter. Barclays PLC now owns 21,957 shares of the company's stock valued at $459,000 after purchasing an additional 9,938 shares during the period. State Street Corp raised its holdings in shares of Gencor Industries by 3.9% in the 3rd quarter. State Street Corp now owns 160,444 shares of the company's stock valued at $3,347,000 after purchasing an additional 6,049 shares during the period. Geode Capital Management LLC lifted its stake in Gencor Industries by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 230,324 shares of the company's stock valued at $4,806,000 after purchasing an additional 4,064 shares during the last quarter. Finally, First Eagle Investment Management LLC increased its position in Gencor Industries by 4.7% during the fourth quarter. First Eagle Investment Management LLC now owns 74,064 shares of the company's stock worth $1,307,000 after buying an additional 3,300 shares during the last quarter.
Gencor Industries Trading Up 2.4 %
Shares of GENC traded up $0.30 during mid-day trading on Friday, reaching $13.00. The company's stock had a trading volume of 17,141 shares, compared to its average volume of 30,327. Gencor Industries, Inc. has a 1-year low of $10.80 and a 1-year high of $24.88. The business has a 50-day simple moving average of $12.24 and a two-hundred day simple moving average of $16.24. The stock has a market cap of $190.55 million, a P/E ratio of 11.82 and a beta of 0.57.
Gencor Industries Company Profile
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Free Report)
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.
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