29,702 Shares in Gencor Industries, Inc. $GENC Bought by Hsbc Holdings PLC

Hsbc Holdings PLC purchased a new position in shares of Gencor Industries, Inc. (NASDAQ:GENC) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 29,702 shares of the company’s stock, valued at approximately $451,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Martin & Co. Inc. TN acquired a new position in shares of Gencor Industries in the 2nd quarter valued at $4,963,000. De Lisle Partners LLP bought a new position in shares of Gencor Industries during the 2nd quarter worth about $2,265,000. North Star Investment Management Corp. lifted its holdings in shares of Gencor Industries by 631.2% during the 1st quarter. North Star Investment Management Corp. now owns 117,000 shares of the company’s stock worth $1,755,000 after acquiring an additional 101,000 shares during the period. Rothschild Wealth LLC acquired a new stake in shares of Gencor Industries during the 4th quarter valued at about $740,000. Finally, Gamco Investors INC. ET AL boosted its position in shares of Gencor Industries by 22.6% during the 4th quarter. Gamco Investors INC. ET AL now owns 258,200 shares of the company’s stock valued at $3,346,000 after acquiring an additional 47,600 shares in the last quarter.

Gencor Industries Stock Down 0.4%

NASDAQ GENC opened at $18.13 on Friday. The stock has a market cap of $265.75 million, a P/E ratio of 16.48 and a beta of 0.53. The company’s 50-day simple moving average is $16.41 and its 200 day simple moving average is $15.44. Gencor Industries, Inc. has a twelve month low of $12.22 and a twelve month high of $20.19.

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.