Martin & Co. Inc. TN Boosts Holdings in Gencor Industries, Inc. $GENC

Martin & Co. Inc. TN lifted its holdings in Gencor Industries, Inc. (NASDAQ:GENC) by 14.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 292,227 shares of the company’s stock after buying an additional 36,728 shares during the period. Martin & Co. Inc. TN owned approximately 1.99% of Gencor Industries worth $4,091,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Hsbc Holdings PLC purchased a new position in Gencor Industries in the first quarter worth approximately $189,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Gencor Industries in the 1st quarter valued at $207,000. Nuveen LLC acquired a new position in shares of Gencor Industries in the 1st quarter valued at $560,000. Goldman Sachs Group Inc. grew its holdings in shares of Gencor Industries by 16.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 87,782 shares of the company’s stock worth $1,067,000 after purchasing an additional 12,462 shares during the period. Finally, Gamco Investors INC. ET AL increased its position in shares of Gencor Industries by 16.0% during the 1st quarter. Gamco Investors INC. ET AL now owns 190,200 shares of the company’s stock worth $2,313,000 after purchasing an additional 26,300 shares during the last quarter.

Gencor Industries Price Performance

NASDAQ GENC opened at $13.41 on Friday. The stock has a market capitalization of $196.56 million, a P/E ratio of 12.19 and a beta of 0.49. The firm’s 50-day moving average is $13.83 and its two-hundred day moving average is $14.46. Gencor Industries, Inc. has a 12 month low of $10.80 and a 12 month high of $22.43.

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.