Arrowstreet Capital Limited Partnership Raises Stake in Gencor Industries, Inc. (NASDAQ:GENC)

Arrowstreet Capital Limited Partnership raised its holdings in Gencor Industries, Inc. (NASDAQ:GENC - Free Report) by 56.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 60,534 shares of the company's stock after buying an additional 21,793 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.41% of Gencor Industries worth $1,068,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GENC. Royce & Associates LP raised its holdings in Gencor Industries by 1.0% in the 4th quarter. Royce & Associates LP now owns 1,166,000 shares of the company's stock worth $20,580,000 after purchasing an additional 12,000 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Gencor Industries by 1.8% during the third quarter. Geode Capital Management LLC now owns 230,324 shares of the company's stock valued at $4,806,000 after buying an additional 4,064 shares during the period. State Street Corp raised its stake in Gencor Industries by 3.9% in the third quarter. State Street Corp now owns 160,444 shares of the company's stock worth $3,347,000 after buying an additional 6,049 shares in the last quarter. First Eagle Investment Management LLC lifted its holdings in Gencor Industries by 4.7% in the fourth quarter. First Eagle Investment Management LLC now owns 74,064 shares of the company's stock worth $1,307,000 after buying an additional 3,300 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in Gencor Industries by 122.2% during the 4th quarter. JPMorgan Chase & Co. now owns 43,804 shares of the company's stock valued at $773,000 after acquiring an additional 24,093 shares in the last quarter.

Gencor Industries Trading Up 1.7 %

Shares of GENC stock traded up $0.19 during midday trading on Thursday, reaching $11.34. 4,824 shares of the stock were exchanged, compared to its average volume of 30,208. The firm has a market cap of $166.22 million, a PE ratio of 10.31 and a beta of 0.57. The company's 50 day moving average is $12.54 and its two-hundred day moving average is $16.96. Gencor Industries, Inc. has a 1 year low of $10.80 and a 1 year high of $24.88.

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.