Tudor Investment Et Al Lowered Its Holding in Gentex (GNTX) by $954,080 as Stock Rose; Mag Silver (MVG) Share Price Were Volatile While Asa Gold & Precious Metals LTD Lifted Holding

May 20, 2018 - By David Stenberg

Gentex Corporation (NASDAQ:GNTX) Logo

Paul Tudor Jones decreased its stake in Gentex Corp (GNTX) by 80.77% based on its latest 2017Q4 regulatory filing with the SEC. Tudor Investment Corp Et Al sold 47,704 shares as the company’s stock rose 8.38% while stock markets declined. The hedge fund run by Paul Tudor Jones held 11,356 shares of the o.e.m. company at the end of 2017Q4, valued at $238,000, down from 59,060 at the end of the previous reported quarter. Tudor Investment Corp Et Al who had been investing in Gentex Corp for a number of months, seems to be less bullish one the $6.59B market cap company. The stock decreased 0.66% or $0.16 during the last trading session, reaching $24.05. About 1.26 million shares traded. Gentex Corporation (NASDAQ:GNTX) has risen 8.07% since May 20, 2017 and is uptrending. It has underperformed by 3.48% the S&P500.

Asa Gold & Precious Metals Ltd increased its stake in Mag Silver Corp (MVG) by 18.18% based on its latest 2017Q4 regulatory filing with the SEC. Asa Gold & Precious Metals Ltd bought 50,000 shares as the company’s stock 0.00% . The institutional investor held 325,000 shares of the precious metals company at the end of 2017Q4, valued at $4.01 million, up from 275,000 at the end of the previous reported quarter. Asa Gold & Precious Metals Ltd who had been investing in Mag Silver Corp for a number of months, seems to be bullish on the $ market cap company. The stock increased 0.00% or $0.15 during the last trading session, reaching $12.52. About 172,310 shares traded or Infinity% up from the average. Mag Silver Corporation Oridinar (NYSEMKT:MVG) has 0.00% since May 20, 2017 and is . It has underperformed by 11.55% the S&P500.

Another recent and important Gentex Corporation (NASDAQ:GNTX) news was published by Globenewswire.com which published an article titled: “FCA US Honors Gentex for Supplier Performance” on May 08, 2018.

Tudor Investment Corp Et Al, which manages about $21.89 billion and $3.94B US Long portfolio, upped its stake in Public Service Enterprise Gp (NYSE:PEG) by 37,554 shares to 59,544 shares, valued at $3.07 million in 2017Q4, according to the filing. It also increased its holding in Masonite International Corp (NYSE:DOOR) by 9,738 shares in the quarter, for a total of 22,779 shares, and has risen its stake in Wyndham Worldwide Corp (NYSE:WYN).

Among 8 analysts covering Gentex Corp (NASDAQ:GNTX), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Gentex Corp had 26 analyst reports since October 20, 2015 according to SRatingsIntel. The rating was maintained by Craig Hallum on Monday, January 29 with “Hold”. The stock of Gentex Corporation (NASDAQ:GNTX) earned “Buy” rating by FBR Capital on Tuesday, March 27. Susquehanna maintained it with “Hold” rating and $24.0 target in Wednesday, March 14 report. KeyBanc Capital Markets maintained the stock with “Buy” rating in Thursday, October 12 report. The stock of Gentex Corporation (NASDAQ:GNTX) has “Hold” rating given on Monday, July 24 by Craig Hallum. The stock of Gentex Corporation (NASDAQ:GNTX) earned “Buy” rating by KeyBanc Capital Markets on Monday, November 13. The stock of Gentex Corporation (NASDAQ:GNTX) earned “Outperform” rating by Robert W. Baird on Thursday, August 24. FBR Capital maintained the stock with “Buy” rating in Thursday, January 11 report. Susquehanna initiated the stock with “Neutral” rating in Monday, December 19 report. The stock of Gentex Corporation (NASDAQ:GNTX) earned “Hold” rating by Robert W. Baird on Tuesday, January 23.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.36, from 1.24 in 2017Q3. It worsened, as 26 investors sold GNTX shares while 144 reduced holdings. 52 funds opened positions while 98 raised stakes. 219.42 million shares or 2.26% less from 224.48 million shares in 2017Q3 were reported. Thrivent For Lutherans accumulated 0% or 61,812 shares. Metropolitan Life Co New York has 0.02% invested in Gentex Corporation (NASDAQ:GNTX) for 89,640 shares. 22,394 were reported by Creative Planning. 146,210 were accumulated by Franklin Resource. Cibc Asset Mgmt invested in 0% or 13,000 shares. Birch Hill Inv Limited Com reported 2.19 million shares. Mufg Americas stated it has 0% of its portfolio in Gentex Corporation (NASDAQ:GNTX). Wellington Shields Cap Mngmt Ltd Llc reported 0.04% in Gentex Corporation (NASDAQ:GNTX). California-based Palo Capital Inc has invested 1.68% in Gentex Corporation (NASDAQ:GNTX). Wealthtrust invested 0.01% of its portfolio in Gentex Corporation (NASDAQ:GNTX). Freestone Lc holds 0.03% of its portfolio in Gentex Corporation (NASDAQ:GNTX) for 21,029 shares. Art Advsr Limited Co stated it has 41,120 shares. 84,128 are owned by Bowling Portfolio Mngmt Ltd Liability Corp. Alps holds 0% in Gentex Corporation (NASDAQ:GNTX) or 24,857 shares. Vanguard Grp owns 23.51M shares for 0.02% of their portfolio.

Analysts await Gentex Corporation (NASDAQ:GNTX) to report earnings on July, 20. They expect $0.41 EPS, up 32.26% or $0.10 from last year’s $0.31 per share. GNTX’s profit will be $112.28 million for 14.66 P/E if the $0.41 EPS becomes a reality. After $0.40 actual EPS reported by Gentex Corporation for the previous quarter, Wall Street now forecasts 2.50% EPS growth.

Since January 29, 2018, it had 0 buys, and 9 sales for $24.82 million activity. On Friday, March 9 the insider BAUER FRED sold $22.07M. $91,665 worth of Gentex Corporation (NASDAQ:GNTX) was sold by SOTOK FREDERICK A on Wednesday, May 2. Hoekstra Peter sold $1.11 million worth of stock or 47,000 shares. 12,000 shares were sold by GOODE GARY F, worth $280,968 on Monday, January 29. Matthews Joseph E IV had sold 1,060 shares worth $23,860. Nash Kevin C sold $184,282 worth of stock.

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