Gencor Industries, Inc. (NASDAQ:GENC) Shares Bought by Barclays PLC

Barclays PLC lifted its holdings in shares of Gencor Industries, Inc. (NASDAQ:GENC) by 82.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,957 shares of the company’s stock after buying an additional 9,938 shares during the period. Barclays PLC owned approximately 0.15% of Gencor Industries worth $459,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Acadian Asset Management LLC acquired a new position in Gencor Industries during the 2nd quarter valued at about $163,000. Rhumbline Advisers boosted its holdings in shares of Gencor Industries by 4.1% in the second quarter. Rhumbline Advisers now owns 11,767 shares of the company’s stock valued at $228,000 after acquiring an additional 465 shares in the last quarter. Squarepoint Ops LLC bought a new position in shares of Gencor Industries in the second quarter valued at approximately $377,000. SageView Advisory Group LLC acquired a new position in shares of Gencor Industries during the third quarter valued at approximately $392,000. Finally, Ellsworth Advisors LLC acquired a new stake in Gencor Industries in the third quarter worth approximately $626,000.

Analyst Ratings Changes

Separately, StockNews.com cut Gencor Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, December 17th.

Gencor Industries Price Performance

GENC stock opened at $17.38 on Friday. Gencor Industries, Inc. has a 12 month low of $15.23 and a 12 month high of $24.88. The firm has a 50 day simple moving average of $20.54 and a 200 day simple moving average of $20.23. The firm has a market cap of $254.79 million, a PE ratio of 15.80 and a beta of 0.43.

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.