De Lisle Partners LLP Acquires 19,339 Shares of Gencor Industries, Inc. (NASDAQ:GENC)

De Lisle Partners LLP increased its stake in shares of Gencor Industries, Inc. (NASDAQ:GENC) by 28.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 87,294 shares of the company’s stock after acquiring an additional 19,339 shares during the quarter. De Lisle Partners LLP’s holdings in Gencor Industries were worth $1,818,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new stake in Gencor Industries during the second quarter worth $163,000. Rhumbline Advisers increased its stake in Gencor Industries by 4.1% in the second quarter. Rhumbline Advisers now owns 11,767 shares of the company’s stock valued at $228,000 after acquiring an additional 465 shares during the period. Squarepoint Ops LLC bought a new stake in Gencor Industries in the second quarter valued at about $377,000. Ellsworth Advisors LLC acquired a new position in Gencor Industries in the third quarter worth about $626,000. Finally, Pullen Investment Management LLC lifted its stake in Gencor Industries by 1.7% during the second quarter. Pullen Investment Management LLC now owns 58,129 shares of the company’s stock worth $1,124,000 after purchasing an additional 997 shares during the period.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Gencor Industries from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th.

Gencor Industries Trading Down 0.4 %

Gencor Industries stock opened at $21.61 on Thursday. Gencor Industries, Inc. has a 52-week low of $14.48 and a 52-week high of $24.88. The stock has a fifty day moving average price of $20.83 and a two-hundred day moving average price of $20.20.

Gencor Industries Profile

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.