Barclays PLC Has $459,000 Holdings in Gencor Industries, Inc. (NASDAQ:GENC)

Barclays PLC increased its position in Gencor Industries, Inc. (NASDAQ:GENC) by 82.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 21,957 shares of the company’s stock after purchasing an additional 9,938 shares during the period. Barclays PLC’s holdings in Gencor Industries were worth $459,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GENC. Acadian Asset Management LLC purchased a new position in Gencor Industries during the second quarter valued at approximately $163,000. Rhumbline Advisers boosted its stake in shares of Gencor Industries by 4.1% during the 2nd quarter. Rhumbline Advisers now owns 11,767 shares of the company’s stock valued at $228,000 after buying an additional 465 shares during the period. SageView Advisory Group LLC purchased a new position in shares of Gencor Industries during the 3rd quarter valued at $392,000. Squarepoint Ops LLC acquired a new position in shares of Gencor Industries in the second quarter worth $377,000. Finally, Ellsworth Advisors LLC acquired a new position in shares of Gencor Industries in the third quarter worth $626,000.

Gencor Industries Stock Performance

Shares of NASDAQ GENC opened at $17.38 on Friday. The business has a 50 day simple moving average of $20.54 and a 200 day simple moving average of $20.23. Gencor Industries, Inc. has a 52 week low of $15.23 and a 52 week high of $24.88. The stock has a market cap of $254.79 million, a price-to-earnings ratio of 15.80 and a beta of 0.43.

Analyst Upgrades and Downgrades

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

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.