In other Gentex news, insider Kevin C. Nash sold 4,320 shares of the stock in a transaction on Wednesday, September 27th. The Wexford Capital Lp holds 11,600 shares with $800,000 value, down from 31,000 last quarter. BB&T Corp bought a new stake in shares of Gentex during the first quarter worth $200,000. The stock increased 4.27% or $0.15 during the last trading session, reaching $3.66. About 351,591 shares traded or 22.16% up from the average.
Prudential Financial Inc. reduced its position in shares of Gentex Corporation (NASDAQ:GNTX) by 8.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. It has outperformed by 2.93% the S&P500. This repurchase authorization allows the auto parts company to reacquire shares of its stock through open market purchases. After $0.31 actual earnings per share reported by Gentex Corporation for the previous quarter, Wall Street now forecasts 3.23% EPS growth.
The stock decreased 0.75% or $0.16 during the last trading session, reaching $20.58. About 1.50 million shares traded. Matson, Inc. (NYSE:MATX) has declined 5.12% since December 8, 2016 and is downtrending. It has underperformed by 16.70% the S&P500. The stock of Gentex Corporation (NASDAQ:GNTX) earned "Buy" rating by Robert W. Baird on Friday, October 20. This is calculated by taking the earnings per share and dividing it by the last closing share price. GNTX's profit will be $90.85 million for 15.88 P/E if the $0.32 EPS becomes a reality.
Wall Street analysts, on average, are forecasting the company's EPS to be 0.32, compared to 0.31 reported in the same quarter a year ago.
Among 6 analysts covering Gentex Corp (NASDAQ:GNTX), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. (NasdaqGS:FNGN) is 5. A score of nine indicates a high value stock, while a score of one indicates a low value stock. $22's average target is 8.21% above currents $20.33 stock price. The firm earned "Neutral" rating on Monday, December 19 by Susquehanna. The firm has "Neutral" rating by Robert W. Baird given on Wednesday, January 27. The stock has "Overweight" rating by Barclays Capital on Wednesday, January 6. FBR Capital maintained the shares of GNTX in report on Friday, October 21 with "Outperform" rating. The stock of Gentex Corporation (NASDAQ:GNTX) has "Outperform" rating given on Monday, October 23 by Robert W. Baird. Jefferies initiated it with "Buy" rating and $12 target in Monday, August 22 report. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since December 7, 2016 and is uptrending. KeyBanc Capital Markets maintained the shares of GNTX in report on Thursday, October 12 with "Buy" rating. Its down 0.31, from 1.55 in 2017Q1. Finally, BMO Capital Markets reiterated a "positive" rating and set a $25.00 price objective on shares of Gentex in a report on Friday, March 24th. 226.47 million shares or 2.40% less from 232.03 million shares in 2017Q1 were reported. Deutsche Financial Bank Ag reported 0.02% in Gentex Corporation (NASDAQ:GNTX). Commonwealth Bancorporation Of Aus accumulated 881 shares. Fmr Ltd Limited Liability Company holds 711,313 shares or 0.02% of its portfolio. Euclidean Tech Mngmt Ltd Liability Corp invested in 54,053 shares. Moreover, Huntington Natl Bank has 0.01% invested in Gentex Corporation (NASDAQ:GNTX) for 18,922 shares. SCHRODER INVESTMENT MANAGEMENT GROUP also announced decreased position in Gentex Corporation (GNTX) during the quarter.
Watching some historical volatility numbers on shares of DowDuPont Inc. North Point Portfolio Managers Corporation Oh accumulated 798,819 shares. Cohen Cap Management, a California-based fund reported 900 shares. Sigma Planning invested 0.78% in Microsoft Corporation (NASDAQ:MSFT). 42,247 are owned by Aqr Cap Mngmt Lc. Jaffetilchin Invest Prns Ltd Liability Com reported 0.12% in Microsoft Corporation (NASDAQ:MSFT). Thompson Davis And holds 1,472 shares. It also increased its holding in Vanguard Crsp Us Large Cap Index (VV) by 6,373 shares in the quarter, for a total of 126,603 shares, and has risen its stake in Guggenheim S&P 500 Equal Weight Etf (RSP).
Investors sentiment increased to 1.06 in Q2 2017. It improved, as 15 investors sold MATX shares while 50 reduced holdings. 41 funds opened positions while 92 raised stakes. Citadel Advisors has invested 0.04% in Bio-Rad Laboratories, Inc. United Service Automobile Association has 0.01% invested in Bio-Rad Laboratories, Inc. BidaskClub raised shares of Gentex from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 26th. (NYSE:BIO) for 382 shares. State Board Of Administration Of Florida Retirement Sys holds 32,580 shares. Finally, Reliance Trust Co. of DE bought a new stake in shares of Gentex during the first quarter worth $254,000. Cape Cod Five Cents Bancorp owns 64,685 shares for 0.19% of their portfolio. Natixis accumulated 0% or 19,161 shares. Lafleur Godfrey Ltd Com reported 365,061 shares stake.
Rk Asset Management Llc holds 9.28% of its portfolio in Gentex Corporation for 583,335 shares. (NasdaqGS:FNGN) is 0.000000. Leverage ratio is the total debt of a company divided by total assets of the current and past year divided by two. It also reduced its holding in Apptio Inc by 104,957 shares in the quarter, leaving it with 313,043 shares, and cut its stake in Loral Space & Communicatns I (NASDAQ:LORL).
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