Values First Advisors Inc. Has $1.47 Million Position in Gentex Co. (NASDAQ:GNTX)

Values First Advisors Inc. lessened its position in Gentex Co. (NASDAQ:GNTX) by 4.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 51,197 shares of the auto parts company’s stock after selling 2,237 shares during the period. Values First Advisors Inc.’s holdings in Gentex were worth $1,471,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in GNTX. Lindenwold Advisors INC lifted its holdings in Gentex by 2.8% during the 3rd quarter. Lindenwold Advisors INC now owns 12,539 shares of the auto parts company’s stock valued at $372,000 after purchasing an additional 347 shares during the last quarter. Coldstream Capital Management Inc. increased its holdings in shares of Gentex by 5.8% during the third quarter. Coldstream Capital Management Inc. now owns 7,446 shares of the auto parts company’s stock worth $221,000 after buying an additional 408 shares in the last quarter. 180 Wealth Advisors LLC raised its stake in shares of Gentex by 0.7% in the fourth quarter. 180 Wealth Advisors LLC now owns 65,805 shares of the auto parts company’s stock valued at $1,891,000 after acquiring an additional 437 shares during the last quarter. Intellectus Partners LLC boosted its holdings in shares of Gentex by 6.1% in the 3rd quarter. Intellectus Partners LLC now owns 8,452 shares of the auto parts company’s stock worth $251,000 after acquiring an additional 484 shares in the last quarter. Finally, Atria Investments Inc grew its position in Gentex by 2.0% during the 3rd quarter. Atria Investments Inc now owns 28,940 shares of the auto parts company’s stock worth $859,000 after acquiring an additional 577 shares during the last quarter. Institutional investors own 86.76% of the company’s stock.

Analyst Ratings Changes

GNTX has been the subject of several research analyst reports. B. Riley reiterated a “buy” rating and issued a $32.50 price objective (down previously from $37.00) on shares of Gentex in a research report on Monday, February 3rd. UBS Group cut their price target on Gentex from $30.00 to $29.00 and set a “neutral” rating for the company in a report on Monday, February 3rd. Guggenheim decreased their price objective on shares of Gentex from $35.00 to $34.00 and set a “buy” rating on the stock in a report on Thursday, November 21st. Robert W. Baird boosted their target price on shares of Gentex from $35.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, October 28th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Gentex from $34.00 to $32.00 and set a “neutral” rating on the stock in a research report on Monday, February 3rd. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $33.06.

Gentex Stock Performance

GNTX opened at $24.90 on Wednesday. The company has a fifty day moving average price of $28.17 and a two-hundred day moving average price of $29.36. The firm has a market capitalization of $5.66 billion, a PE ratio of 14.15, a P/E/G ratio of 0.86 and a beta of 0.91. Gentex Co. has a 52 week low of $24.55 and a 52 week high of $37.58.

Gentex (NASDAQ:GNTX) last announced its quarterly earnings data on Friday, January 31st. The auto parts company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.10). Gentex had a return on equity of 16.74% and a net margin of 17.49%. During the same period last year, the firm earned $0.50 EPS. Equities analysts forecast that Gentex Co. will post 2.04 EPS for the current year.

Gentex Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 22nd. Investors of record on Wednesday, January 8th were given a $0.12 dividend. The ex-dividend date was Wednesday, January 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.93%. Gentex’s dividend payout ratio is 27.27%.

About Gentex

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.