LaFleur & Godfrey LLC Has $4.26 Million Stock Position in Gentex Co. (NASDAQ:GNTX)

LaFleur & Godfrey LLC decreased its holdings in shares of Gentex Co. (NASDAQ:GNTX) by 14.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 148,165 shares of the auto parts company’s stock after selling 24,115 shares during the quarter. LaFleur & Godfrey LLC owned about 0.07% of Gentex worth $4,257,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its stake in Gentex by 173.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,341 shares of the auto parts company’s stock worth $42,000 after purchasing an additional 850 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Gentex by 227.8% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,826 shares of the auto parts company’s stock worth $54,000 after buying an additional 1,269 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Gentex in the third quarter worth about $125,000. GAMMA Investing LLC raised its stake in shares of Gentex by 159.1% during the fourth quarter. GAMMA Investing LLC now owns 5,133 shares of the auto parts company’s stock worth $147,000 after buying an additional 3,152 shares during the last quarter. Finally, KBC Group NV lifted its stake in shares of Gentex by 13.3% in the 3rd quarter. KBC Group NV now owns 5,664 shares of the auto parts company’s stock valued at $168,000 after purchasing an additional 667 shares during the period. Institutional investors own 86.76% of the company’s stock.

Analysts Set New Price Targets

GNTX has been the topic of a number of research reports. The Goldman Sachs Group cut their price target on shares of Gentex from $33.00 to $31.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 1st. Guggenheim dropped their price objective on Gentex from $35.00 to $34.00 and set a “buy” rating on the stock in a research note on Thursday, November 21st. Bank of America reduced their price target on Gentex from $39.00 to $35.00 and set a “neutral” rating for the company in a report on Monday, October 14th. Finally, Robert W. Baird upped their price objective on shares of Gentex from $35.00 to $37.00 and gave the company an “outperform” rating in a report on Monday, October 28th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Gentex currently has a consensus rating of “Hold” and an average price target of $35.13.

Gentex Trading Up 1.7 %

Shares of Gentex stock opened at $27.97 on Monday. Gentex Co. has a 12 month low of $26.58 and a 12 month high of $37.58. The business’s 50-day moving average price is $29.37 and its 200-day moving average price is $30.18. The firm has a market capitalization of $6.36 billion, a PE ratio of 14.96, a price-to-earnings-growth ratio of 0.83 and a beta of 0.91.

Gentex Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 22nd. Investors of record on Wednesday, January 8th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.72%. The ex-dividend date is Wednesday, January 8th. Gentex’s dividend payout ratio (DPR) is currently 25.67%.

Gentex Company Profile

Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, Republic of Korea, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers.