Gentex Corporation (GNTX) : Dumont Blake Investment Advisors scooped up 13,200 additional shares in Gentex Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 41,065 shares of Gentex Corporation which is valued at $651,291.Gentex Corporation makes up approximately 0.33% of Dumont Blake Investment Advisors’s portfolio.
Gentex Corporation closed down -0.03 points or -0.18% at $16.19 with 18,07,444 shares getting traded on Wednesday. Post opening the session at $16.26, the shares hit an intraday low of $16.08 and an intraday high of $16.39 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Advisory Services Network boosted its stake in GNTX in the latest quarter, The investment management firm added 5,375 additional shares and now holds a total of 47,007 shares of Gentex Corporation which is valued at $745,531. Gentex Corporation makes up approx 0.20% of Advisory Services Network’s portfolio.Gemmer Asset Management reduced its stake in GNTX by selling 57 shares or 9.93% in the most recent quarter. The Hedge Fund company now holds 517 shares of GNTX which is valued at $8,065.Capital Impact Advisors boosted its stake in GNTX in the latest quarter, The investment management firm added 27,600 additional shares and now holds a total of 57,562 shares of Gentex Corporation which is valued at $897,967. Gentex Corporation makes up approx 0.42% of Capital Impact Advisors’s portfolio.1st Global Advisors boosted its stake in GNTX in the latest quarter, The investment management firm added 1,451 additional shares and now holds a total of 13,538 shares of Gentex Corporation which is valued at $211,193. Gentex Corporation makes up approx 0.03% of 1st Global Advisors’s portfolio.
On the company’s financial health, Gentex Corporation reported $0.28 EPS for the quarter, based on the information available during the earnings call on Apr 22, 2016. Analyst had a consensus estimate of $0.28. The company had revenue of $405.60 million for the quarter, compared to analysts expectations of $405.01 million. The company’s revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.
Many Wall Street Analysts have commented on Gentex Corporation. Shares were Downgraded by Robert W. Baird on Jan 27, 2016 to ” Neutral” and Lowered the Price Target to $ 14 from a previous price target of $22 .
Gentex Corporation designs and manufactures automatic-dimming rearview mirrors and electronics for the automotive industry dimmable aircraft windows for the aviation industry and commercial smoke alarms and signaling devices for the fire protection industry. The Companys business involves designing developing manufacturing and marketing interior and exterior auto-dimming automotive rearview mirrors that utilize electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. It also designs develops and manufactures various electronics features that are additive to the interior and exterior automotive rearview mirrors as well as interior visors and overhead consoles. The Company ships its product to all of the automotive producing regions across the world.