Investors Catching Stocks Gentex Corp. (GNTX)

Marco Green
January 19, 2018

Gentex Corporation (NASDAQ:GNTX) has risen 19.63% since January 18, 2017 and is uptrending. It has outperformed by 55.12% the S&P500.

Sigma Investment Counselors Inc decreased its stake in Gentex Corp (GNTX) by 18.48% based on its latest 2017Q3 regulatory filing with the SEC. Sprott Inc bought 80,000 shares as the company's stock declined 8.68% while stock markets rallied. During the same quarter a year ago, the company posted $0.27 earnings per share. Sigma Investment Counselors Inc who had been investing in Gentex Corp for a number of months, seems to be less bullish one the $6.50 billion market cap company.

Shares of Gentex (NASDAQ GNTX) traded up $0.16 during midday trading on Tuesday, reaching $22.96. Clearbridge Llc holds 2.67M shares or 0.05% of its portfolio. It has outperformed by 2.93% the S&P500.

Bernzott Capital Advisors increased its stake in Gentex (GNTX) by 8.4% based on its latest 2017Q3 regulatory filing with the SEC. It improved, as 35 investors sold GNTX shares while 109 reduced holdings. GNTX's profit will be $90.84M for 17.89 P/E if the $0.32 EPS becomes a reality. After having $0.31 EPS previously, Gentex Corporation's analysts see 3.23% EPS growth. 927 Symantec Corporation (NASDAQ:SYMC) shares with value of $27,810 were sold by Cappellanti-Wolf Amy L. The insider Noviello Nicholas R sold $447,750. Shares for $85,094 were sold by Nash Kevin C on Wednesday, September 27. 571.53 million shares or 3.02% more from 554.80 million shares in 2017Q2 were reported.

Investors sentiment increased to 1.24 in 2017 Q3. Its down 0.09, from 0.95 in 2017Q2. It dived, as 47 investors sold P shares while 59 reduced holdings. 41 funds opened positions while 137 raised stakes. 224.48 million shares or 0.88% less from 226.47 million shares in 2017Q2 were reported. The Pennsylvania-based Vanguard has invested 0.02% in Gentex Corporation (NASDAQ:GNTX). Capital Management invested 3.01% of its portfolio in Gentex Corporation (NASDAQ:GNTX). Hillsdale Invest Mgmt accumulated 390 shares. Gentex Corporation (NASDAQ:GNTX) has risen 19.63% since January 18, 2017 and is uptrending.

Capital Management Corp, which manages about $401.58M and $350.14 million US Long portfolio, upped its stake in Greenhill & Co Inc (NYSE:GHL) by 220,150 shares to 676,661 shares, valued at $11.23 million in 2017Q3, according to the filing. Shareholders of record on Friday, January 5th will be paid a $0.10 dividend. Tower Ltd Limited Liability Company (Trc) reported 259 shares.

Jabre Capital Partners Sa, which manages about $514.37 million US Long portfolio, decreased its stake in Isis Pharmaceuticals Inc Del (Prn) by 1.50M shares to 4.00M shares, valued at $4.24M in 2017Q3, according to the filing. First Republic Investment stated it has 74,399 shares. Bancorp Of Nova Scotia reported 38,581 shares. (NYSE:VZ). Affinity Inv Advisors Ltd Liability Corporation reported 0.76% stake.

ValuEngine upgraded shares of Gentex (NASDAQ:GNTX) from a hold rating to a buy rating in a research report report published on Wednesday, December 27th. Therefore 100% are positive. Gentex Corp had 17 analyst reports since October 20, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Gentex Corporation (NASDAQ:GNTX) on Monday, November 13 with "Buy" rating. The firm has "Buy" rating given on Wednesday, July 19 by FBR Capital.

When it comes to the Analysis of a Stock, Price Target plays a vital role. The stock has "Neutral" rating by Robert W. Baird on Wednesday, January 27. The stock has a consensus rating of Buy and a consensus price target of $22.69. As per Thursday, October 12, the company rating was maintained by KeyBanc Capital Markets. They issued a "buy" rating and a $25.00 price target for the company. The stock has "Outperform" rating by Robert W. Baird on Thursday, October 5. The firm has "Neutral" rating given on Monday, December 19 by Susquehanna.

Investors sentiment decreased to 0.85 in Q3 2017. This represents a $0.36 annualized dividend and a dividend yield of 1.72%.

A number of hedge funds have recently added to or reduced their stakes in the stock. 40 funds opened positions while 58 raised stakes. Moreover, Junto Management Limited Partnership has 1.29% invested in Ulta Beauty, Inc. Wells Fargo & Co Mn invested in 0.01% or 2.34 million shares. Gotham Asset Limited Liability Company has 48,033 shares. Factory Mutual Ins invested in 15,000 shares. 20,690 are held by Stephens Inc Ar. Natera, Inc. (NASDAQ:NTRA) has declined 8.45% since January 16, 2017 and is downtrending. 18,191 are held by Nordea Mngmt Ab. Wedge Capital Management L Lp Nc accumulated 1.03M shares. Eaton Vance Management holds 800,030 shares or 0.04% of its portfolio. Walleye Trading Ltd Liability holds 0.01% or 71,976 shares in its portfolio. (NASDAQ:ULTA) for 93,666 shares. California-based Sarl has invested 0.03% in Verizon Communications Inc. Hodges Capital Mgmt has invested 0.16% of its portfolio in Verizon Communications Inc. 4,287 were accumulated by Magnetar Fincl. (NASDAQ:AAPL). Eidelman Virant Cap owns 16,315 shares or 1.49% of their U.S. portfolio.

Analysts await Ulta Beauty, Inc. The firm's revenue was up 10.2% compared to the same quarter a year ago. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. Therefore 60% are positive. The stock has "Hold" rating by Jefferies on Thursday, August 3. Also, Director James H. Wallace sold 12,000 shares of the business's stock in a transaction on Tuesday, October 25th. The firm earned "Buy" rating on Monday, November 13 by KeyBanc Capital Markets. The rating was maintained by Canaccord Genuity on Tuesday, August 11 with "Buy". The rating was maintained by FBR Capital on Friday, October 21 with "Outperform". The firm has "Buy" rating by Stifel Nicolaus given on Friday, October 6. The stock of Apple Inc. The stock has "Hold" rating by Craig Hallum on Monday, July 24. (NASDAQ:ULTA) rating on Friday, March 11. Raymond James downgraded Symantec Corporation (NASDAQ:SYMC) on Friday, April 29 to "Market Perform" rating. Airain ltd bought a new stake in Gentex in the second quarter worth $1,055,000.

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