Brinker Capital Investments LLC Acquires 5,394 Shares of Gencor Industries, Inc. (NASDAQ:GENC)

Brinker Capital Investments LLC raised its holdings in Gencor Industries, Inc. (NASDAQ:GENC – Get Rating) by 6.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 83,186 shares of the industrial products company’s stock after acquiring an additional 5,394 shares during the period. Brinker Capital Investments LLC owned about 0.57% of Gencor Industries worth $750,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Marquette Asset Management LLC bought a new position in Gencor Industries in the third quarter valued at about $134,000. State Street Corp grew its holdings in shares of Gencor Industries by 17.8% during the first quarter. State Street Corp now owns 17,627 shares of the industrial products company’s stock worth $181,000 after purchasing an additional 2,659 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Gencor Industries by 6.6% during the first quarter. Goldman Sachs Group Inc. now owns 20,127 shares of the industrial products company’s stock worth $207,000 after purchasing an additional 1,252 shares during the last quarter. Weil Company Inc. grew its holdings in shares of Gencor Industries by 30.5% during the second quarter. Weil Company Inc. now owns 21,380 shares of the industrial products company’s stock worth $217,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Gabelli Funds LLC grew its holdings in shares of Gencor Industries by 26.9% during the first quarter. Gabelli Funds LLC now owns 33,000 shares of the industrial products company’s stock worth $339,000 after purchasing an additional 7,000 shares during the last quarter. Institutional investors own 40.37% of the company’s stock.

Gencor Industries Trading Up 0.7 %

NASDAQ:GENC opened at $10.87 on Tuesday. The stock’s 50-day moving average is $10.56 and its 200-day moving average is $9.98. The stock has a market cap of $159.33 million, a P/E ratio of -362.33 and a beta of 0.55. Gencor Industries, Inc. has a 1-year low of $8.38 and a 1-year high of $11.55.

Gencor Industries (NASDAQ:GENC – Get Rating) last posted its quarterly earnings data on Friday, December 16th. The industrial products company reported $0.03 EPS for the quarter. The company had revenue of $23.07 million for the quarter. Gencor Industries had a negative return on equity of 0.22% and a negative net margin of 0.36%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Gencor Industries in a report on Tuesday. They set a “hold” rating on the stock.

Gencor Industries Company Profile

(Get Rating)

Gencor Industries, Inc engages in the designing, manufacturing and sales of heavy machinery and related equipment used in the production of highway construction materials, synthetic fuels and environmental control equipment. Its products include asphalt plants, combustion systems and industrial incinerators, fluid heat transfer systems and asphalt pavers.