Hedge funds boost stakes in Gentex Co., but Q4 earnings miss estimates, leading to a "Hold" rating.

Hedge funds, including JB Capital LLC, have increased their stakes in Gentex Co. (GNTX), with institutional investors now owning 86.76% of the stock. The company reported Q4 earnings of $0.39 per share, missing estimates by $0.10. Analysts have mixed forecasts, with a consensus "Hold" rating and a price target of $35.13. Gentex also declared a quarterly dividend of $0.12 per share.

6 weeks ago
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