Gentex Corporation (GNTX) : Hendershot Investments scooped up 11,710 additional shares in Gentex Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 222,845 shares of Gentex Corporation which is valued at $4,053,551.Gentex Corporation makes up approximately 2.01% of Hendershot Investments’s portfolio.
Other Hedge Funds, Including , Retirement Systems Of Alabama boosted its stake in GNTX in the latest quarter, The investment management firm added 74 additional shares and now holds a total of 372,582 shares of Gentex Corporation which is valued at $6,777,267. Gentex Corporation makes up approx 0.04% of Retirement Systems Of Alabama’s portfolio.Kirr Marbach Co In boosted its stake in GNTX in the latest quarter, The investment management firm added 155 additional shares and now holds a total of 643,224 shares of Gentex Corporation which is valued at $11,700,245. Gentex Corporation makes up approx 2.35% of Kirr Marbach Co In’s portfolio.Huntington National Bank reduced its stake in GNTX by selling 17,884 shares or 36.12% in the most recent quarter. The Hedge Fund company now holds 31,632 shares of GNTX which is valued at $575,386. Gentex Corporation makes up approx 0.01% of Huntington National Bank’s portfolio.
Gentex Corporation (GNTX) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $17.65 and reached the intraday high at $17.7616. The bulls started the profit booking and pushed the shares to intraday low of $17.526. The trading session was marked by a volume range of 22,43,254 shares exchanging hands. The 52-week high of the shares is $18.25 and the 52-week low is $12.93. The market cap of the company stands at $5,104 M and there are 28,88,32,800 shares in public circulation.
On the company’s financial health, Gentex Corporation reported $0.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 22, 2016. Analyst had a consensus of $0.29. The company had revenue of $423.80 million for the quarter, compared to analysts expectations of $416.74 million. The company’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.
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.