Nationwide Fund Advisors held its position in shares of Gencor Industries Inc. (NASDAQ:GENC) during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,210 shares of the industrial products company’s stock at the close of the second quarter. Nationwide Fund Advisors’ holdings in Gencor Industries were worth $101,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Shufro Rose & Co. LLC acquired a new position in Gencor Industries during the second quarter worth $413,000. Royce & Associates LP raised its holdings in shares of Gencor Industries by 95.0% in the second quarter. Royce & Associates LP now owns 554,086 shares of the industrial products company’s stock valued at $8,976,000 after purchasing an additional 270,005 shares during the last quarter. QCI Asset Management Inc. NY raised its holdings in shares of Gencor Industries by 7.5% in the second quarter. QCI Asset Management Inc. NY now owns 21,500 shares of the industrial products company’s stock valued at $348,000 after purchasing an additional 1,500 shares during the last quarter. Systematic Financial Management LP raised its holdings in shares of Gencor Industries by 17.9% in the second quarter. Systematic Financial Management LP now owns 564,998 shares of the industrial products company’s stock valued at $9,153,000 after purchasing an additional 85,963 shares during the last quarter. Finally, Essex Investment Management Co. LLC raised its holdings in shares of Gencor Industries by 37.2% in the second quarter. Essex Investment Management Co. LLC now owns 99,596 shares of the industrial products company’s stock valued at $1,613,000 after purchasing an additional 26,993 shares during the last quarter. Hedge funds and other institutional investors own 41.42% of the company’s stock.

Shares of Gencor Industries Inc. (GENC) opened at $17.80 on Wednesday. The company has a market cap of $256.32, a PE ratio of 28.25 and a beta of 0.63. Gencor Industries Inc. has a 1-year low of $13.32 and a 1-year high of $18.45.

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In other news, CFO Eric E. Mellen sold 11,750 shares of the stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $16.55, for a total value of $194,462.50. Following the completion of the sale, the chief financial officer now owns 14,250 shares in the company, valued at $235,837.50. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Cort J. Dondero sold 7,500 shares of the stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $16.02, for a total transaction of $120,150.00. Following the completion of the sale, the director now owns 3,769 shares of the company’s stock, valued at approximately $60,379.38. The disclosure for this sale can be found here. In the last quarter, insiders sold 316,754 shares of company stock valued at $5,566,469. 31.82% of the stock is currently owned by corporate insiders.

Gencor Industries Profile

Gencor Industries, Inc is a manufacturer of heavy machinery used in the production of highway construction materials, synthetic fuels and environmental control equipment. The Company designs, manufactures and sells machinery and related equipment used primarily for the production of asphalt and highway construction materials.

Institutional Ownership by Quarter for Gencor Industries (NASDAQ:GENC)

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