De Lisle Partners LLP acquired a new stake in Gencor Industries, Inc. (NASDAQ:GENC – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 151,222 shares of the company’s stock, valued at approximately $2,265,000. De Lisle Partners LLP owned about 1.03% of Gencor Industries at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in GENC. Royal Bank of Canada increased its holdings in shares of Gencor Industries by 295.9% during the fourth quarter. Royal Bank of Canada now owns 1,932 shares of the company’s stock worth $25,000 after buying an additional 1,444 shares in the last quarter. BNP Paribas Financial Markets grew its position 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 acquiring an additional 1,343 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in Gencor Industries during the 4th quarter worth $55,000. Raymond James Financial Inc. bought a new stake in Gencor Industries during the 2nd quarter worth $75,000. Finally, Russell Investments Group Ltd. increased its holdings in Gencor Industries by 403.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,465 shares of the company’s stock worth $82,000 after purchasing an additional 4,379 shares in the last quarter.
Gencor Industries Trading Down 0.1%
Gencor Industries stock opened at $19.02 on Friday. The stock has a 50-day moving average price of $15.71 and a two-hundred day moving average price of $15.19. Gencor Industries, Inc. has a 12 month low of $12.22 and a 12 month high of $20.19. The company has a market capitalization of $278.80 million, a PE ratio of 17.29 and a beta of 0.49.
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. 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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