Sei Investments Co. Increases Stock Position in Gencor Industries, Inc. $GENC

Sei Investments Co. grew its holdings in Gencor Industries, Inc. (NASDAQ:GENC) by 91.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,205 shares of the company’s stock after purchasing an additional 28,807 shares during the quarter. Sei Investments Co. owned approximately 0.41% of Gencor Industries worth $903,000 at the end of the most recent quarter.

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

Gencor Industries Stock Up 4.3%

Shares of NASDAQ:GENC opened at $18.05 on Thursday. The company has a market capitalization of $264.58 million, a P/E ratio of 16.41 and a beta of 0.49. Gencor Industries, Inc. has a 52-week low of $12.22 and a 52-week high of $18.50. The stock’s fifty day simple moving average is $15.14 and its 200-day simple moving average is $14.94.

Gencor Industries Company 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.