QCI Asset Management Inc. NY boosted its stake in shares of Gencor Industries, Inc. (DE) (NASDAQ:GENC) by 8.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 93,000 shares of the industrial products company’s stock after acquiring an additional 7,500 shares during the quarter. QCI Asset Management Inc. NY’s holdings in Gencor Industries, Inc. (DE) were worth $1,121,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in Gencor Industries, Inc. (DE) by 5.9% during the second quarter. Dimensional Fund Advisors LP now owns 717,384 shares of the industrial products company’s stock valued at $11,586,000 after acquiring an additional 39,782 shares in the last quarter. Royce & Associates LP raised its position in Gencor Industries, Inc. (DE) by 13.0% during the second quarter. Royce & Associates LP now owns 1,276,320 shares of the industrial products company’s stock valued at $20,613,000 after acquiring an additional 147,139 shares in the last quarter. Renaissance Technologies LLC raised its position in Gencor Industries, Inc. (DE) by 6.3% during the second quarter. Renaissance Technologies LLC now owns 441,200 shares of the industrial products company’s stock valued at $7,125,000 after acquiring an additional 26,100 shares in the last quarter. Systematic Financial Management LP raised its position in Gencor Industries, Inc. (DE) by 21.7% during the second quarter. Systematic Financial Management LP now owns 762,502 shares of the industrial products company’s stock valued at $12,314,000 after acquiring an additional 136,064 shares in the last quarter. Finally, First Republic Investment Management Inc. purchased a new position in Gencor Industries, Inc. (DE) during the second quarter valued at approximately $176,000. Institutional investors own 44.14% of the company’s stock.

Shares of GENC stock opened at $11.64 on Friday. The company has a market cap of $172.89 million, a P/E ratio of 17.81 and a beta of 0.58. Gencor Industries, Inc. has a twelve month low of $10.73 and a twelve month high of $18.34.

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Gencor Industries, Inc. (DE) 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. The company 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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Institutional Ownership by Quarter for Gencor Industries, Inc. (DE) (NASDAQ:GENC)

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