Asset Management One Co. Ltd. Has $79,000 Stock Holdings in Generac Holdings Inc. (NYSE:GNRC)

Asset Management One Co. Ltd. decreased its position in Generac Holdings Inc. (NYSE:GNRC - Free Report) by 97.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 604 shares of the technology company's stock after selling 24,060 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Generac were worth $79,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Arizona State Retirement System grew its position in shares of Generac by 2.6% in the 4th quarter. Arizona State Retirement System now owns 17,400 shares of the technology company's stock worth $2,249,000 after acquiring an additional 433 shares in the last quarter. WoodTrust Financial Corp lifted its holdings in shares of Generac by 93.7% in the 4th quarter. WoodTrust Financial Corp now owns 10,604 shares of the technology company's stock worth $1,371,000 after purchasing an additional 5,129 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC lifted its holdings in shares of Generac by 10.5% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 3,400 shares of the technology company's stock worth $439,000 after purchasing an additional 323 shares during the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of Generac by 22.1% in the 4th quarter. DAVENPORT & Co LLC now owns 25,789 shares of the technology company's stock worth $3,333,000 after purchasing an additional 4,676 shares during the last quarter. Finally, Monte Financial Group LLC lifted its holdings in shares of Generac by 4.4% in the 4th quarter. Monte Financial Group LLC now owns 9,643 shares of the technology company's stock worth $1,246,000 after purchasing an additional 408 shares during the last quarter. Institutional investors and hedge funds own 84.04% of the company's stock.

Generac Stock Down 2.4 %

Shares of GNRC stock traded down $3.22 on Monday, reaching $128.54. 893,273 shares of the company's stock traded hands, compared to its average volume of 1,020,813. Generac Holdings Inc. has a 12-month low of $79.86 and a 12-month high of $156.95. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.94 and a current ratio of 2.27. The company has a market capitalization of $7.75 billion, a P/E ratio of 39.07, a price-to-earnings-growth ratio of 1.74 and a beta of 1.45. The business's 50 day moving average price is $120.60 and its two-hundred day moving average price is $115.29.

Generac (NYSE:GNRC - Get Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The technology company reported $2.07 earnings per share for the quarter, missing analysts' consensus estimates of $2.09 by ($0.02). Generac had a net margin of 5.33% and a return on equity of 14.15%. The business had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.09 billion. During the same quarter in the prior year, the firm posted $1.78 EPS. The business's quarterly revenue was up 1.4% compared to the same quarter last year. On average, equities analysts forecast that Generac Holdings Inc. will post 6.3 earnings per share for the current year.

Insider Buying and Selling at Generac

In other Generac news, CEO Aaron Jagdfeld sold 5,000 shares of the business's stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $115.22, for a total value of $576,100.00. Following the transaction, the chief executive officer now owns 577,690 shares in the company, valued at $66,561,441.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.80% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on GNRC. UBS Group cut their price target on Generac from $160.00 to $150.00 and set a "buy" rating on the stock in a report on Thursday, February 15th. Canaccord Genuity Group raised their price target on Generac from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Friday, April 5th. Guggenheim downgraded Generac from a "buy" rating to a "neutral" rating in a research note on Thursday, February 15th. Robert W. Baird lifted their target price on Generac from $112.00 to $129.00 and gave the company a "neutral" rating in a research note on Thursday, February 15th. Finally, Citigroup lifted their target price on Generac from $124.00 to $128.00 and gave the company a "neutral" rating in a research note on Monday, February 12th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fifteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $140.80.

About Generac

Generac Holdings Inc designs, manufactures, and distributes various energy technology products and solution worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine residential standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; residential storage solution, which consists of a system of batteries, an inverter, photovoltaic optimizers, power electronic controls, and other components; smart home solutions, such as smart thermostats and a suite of home monitoring products.