Regions Finl New (RF) Stake Upped by Puplava Financial Services Inc; Rk Asset Management Has Decreased Holding in Gentex (GNTX) by $8.00 Million as Shares Rose

April 21, 2018 - By Linda Rogers

Gentex Corporation (NASDAQ:GNTX) Logo

Puplava Financial Services Inc increased its stake in Regions Finl Corp New (RF) by 75.97% based on its latest 2017Q4 regulatory filing with the SEC. Puplava Financial Services Inc bought 83,155 shares as the company’s stock rose 4.69% while stock markets declined. The institutional investor held 192,613 shares of the major banks company at the end of 2017Q4, valued at $3.33M, up from 109,458 at the end of the previous reported quarter. Puplava Financial Services Inc who had been investing in Regions Finl Corp New for a number of months, seems to be bullish on the $21.21 billion market cap company. The stock increased 4.08% or $0.74 during the last trading session, reaching $18.89. About 18.95M shares traded or 60.01% up from the average. Regions Financial Corporation (NYSE:RF) has risen 29.90% since April 21, 2017 and is uptrending. It has outperformed by 18.35% the S&P500.

Rk Asset Management Llc decreased its stake in Gentex Corp (GNTX) by 75.64% based on its latest 2017Q4 regulatory filing with the SEC. Rk Asset Management Llc sold 400,145 shares as the company’s stock rose 8.38% while stock markets declined. The institutional investor held 128,870 shares of the o.e.m. company at the end of 2017Q4, valued at $2.70M, down from 529,015 at the end of the previous reported quarter. Rk Asset Management Llc who had been investing in Gentex Corp for a number of months, seems to be less bullish one the $6.02 billion market cap company. The stock decreased 7.06% or $1.67 during the last trading session, reaching $21.99. About 4.40M shares traded or 89.16% up from the average. Gentex Corporation (NASDAQ:GNTX) has risen 8.07% since April 21, 2017 and is uptrending. It has underperformed by 3.48% the S&P500.

Puplava Financial Services Inc, which manages about $312.12 million and $216.47M US Long portfolio, decreased its stake in Mckesson Corp (NYSE:MCK) by 8,462 shares to 13,153 shares, valued at $2.05 million in 2017Q4, according to the filing. It also reduced its holding in Time Warner Inc (NYSE:TWX) by 7,039 shares in the quarter, leaving it with 5,395 shares, and cut its stake in Ishares Tr (IDV).

Among 34 analysts covering Regions Financial Corp (NYSE:RF), 9 have Buy rating, 4 Sell and 21 Hold. Therefore 26% are positive. Regions Financial Corp had 111 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Regions Financial Corporation (NYSE:RF) earned “Outperform” rating by Raymond James on Tuesday, August 25. The stock has “Buy” rating by SunTrust on Thursday, February 16. The rating was downgraded by Macquarie Research to “Neutral” on Friday, April 1. Sandler O’Neill upgraded it to “Buy” rating and $10.50 target in Wednesday, September 30 report. On Tuesday, November 28 the stock rating was maintained by SunTrust with “Buy”. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 3. Keefe Bruyette & Woods downgraded it to “Outperform” rating and $9.50 target in Monday, May 16 report. The company was maintained on Saturday, August 15 by Deutsche Bank. Guggenheim initiated the stock with “Buy” rating in Thursday, October 8 report. Compass Point maintained Regions Financial Corporation (NYSE:RF) rating on Tuesday, January 19. Compass Point has “Buy” rating and $12.0 target.

Investors sentiment increased to 1.18 in Q4 2017. Its up 0.23, from 0.95 in 2017Q3. It improved, as 26 investors sold RF shares while 187 reduced holdings. 82 funds opened positions while 169 raised stakes. 823.54 million shares or 2.89% less from 848.03 million shares in 2017Q3 were reported. Everence Management Inc holds 0.09% or 24,860 shares in its portfolio. Madison Invest Inc, a Wisconsin-based fund reported 485,841 shares. Hsbc Public Ltd holds 0.09% or 3.68 million shares. Smith Graham And Investment Advisors Limited Partnership invested in 0.71% or 436,500 shares. Moreover, Utah Retirement Systems has 0.08% invested in Regions Financial Corporation (NYSE:RF) for 215,617 shares. 27,000 are held by Capital Wealth Planning Ltd Liability Corporation. Dorsey Wright And invested 0.46% in Regions Financial Corporation (NYSE:RF). Us Natl Bank De reported 320,833 shares. California Public Employees Retirement System stated it has 4.14 million shares or 0.1% of all its holdings. Parkwood Ltd holds 0.03% in Regions Financial Corporation (NYSE:RF) or 13,186 shares. Pillar Pacific Mngmt Ltd Liability Corporation holds 21,000 shares. Amundi Pioneer Asset Management owns 0.03% invested in Regions Financial Corporation (NYSE:RF) for 1.14M shares. Tower Rech Capital Ltd Liability (Trc) holds 0% or 2,150 shares in its portfolio. Pinnacle Finance Prtnrs Inc owns 136,880 shares or 0.25% of their US portfolio. Fca Tx holds 0.12% or 18,000 shares in its portfolio.

Among 7 analysts covering Gentex Corp (NASDAQ:GNTX), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Gentex Corp had 23 analyst reports since October 20, 2015 according to SRatingsIntel. FBR Capital maintained the shares of GNTX in report on Friday, October 21 with “Outperform” rating. FBR Capital maintained the stock with “Buy” rating in Tuesday, January 2 report. The firm earned “Buy” rating on Wednesday, July 19 by FBR Capital. The firm earned “Hold” rating on Tuesday, January 23 by Robert W. Baird. Craig Hallum downgraded the stock to “Hold” rating in Monday, July 24 report. The firm has “Buy” rating given on Thursday, February 22 by FBR Capital. FBR Capital maintained Gentex Corporation (NASDAQ:GNTX) on Monday, March 12 with “Buy” rating. The stock of Gentex Corporation (NASDAQ:GNTX) has “Hold” rating given on Wednesday, March 14 by Susquehanna. KeyBanc Capital Markets maintained it with “Buy” rating and $25.0 target in Monday, November 13 report. Robert W. Baird maintained Gentex Corporation (NASDAQ:GNTX) on Friday, October 20 with “Buy” rating.

Since January 29, 2018, it had 0 insider purchases, and 8 sales for $24.73 million activity. $184,282 worth of stock was sold by Nash Kevin C on Tuesday, January 30. Shares for $23,860 were sold by Matthews Joseph E IV on Thursday, March 1. $280,776 worth of Gentex Corporation (NASDAQ:GNTX) was sold by Wallace James H on Tuesday, January 30. BAUER FRED had sold 946,200 shares worth $22.07 million. Hoekstra Peter also sold $1.11M worth of Gentex Corporation (NASDAQ:GNTX) shares. MULDER JOHN A sold $611,341 worth of stock or 26,000 shares.

Investors sentiment decreased to 0.88 in Q4 2017. Its down 0.36, from 1.24 in 2017Q3. It turned negative, 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. Ohio-based Bartlett has invested 0% in Gentex Corporation (NASDAQ:GNTX). Kornitzer Capital Mgmt Ks accumulated 25,720 shares or 0.01% of the stock. Hall Laurie J Trustee accumulated 0.44% or 36,940 shares. Ny State Teachers Retirement System stated it has 0.02% of its portfolio in Gentex Corporation (NASDAQ:GNTX). Fdx reported 86,284 shares. Ahl Ptnrs Llp holds 0.12% or 370,055 shares in its portfolio. Teachers Retirement Systems Of The State Of Kentucky holds 0.01% or 57,850 shares in its portfolio. Gotham Asset Limited Liability Company holds 0.1% of its portfolio in Gentex Corporation (NASDAQ:GNTX) for 317,856 shares. Willingdon Wealth Mgmt holds 600 shares or 0% of its portfolio. Azimuth Management Lc holds 0.17% of its portfolio in Gentex Corporation (NASDAQ:GNTX) for 114,400 shares. Lsv Asset Management reported 14,300 shares. Virginia Retirement Systems Et Al invested 0.07% of its portfolio in Gentex Corporation (NASDAQ:GNTX). Ubs Asset Americas Inc has 283,418 shares. Parsons Mngmt Inc Ri has 0.31% invested in Gentex Corporation (NASDAQ:GNTX). Hartline Invest Corporation holds 0.07% in Gentex Corporation (NASDAQ:GNTX) or 12,170 shares.

Gentex Corporation (NASDAQ:GNTX) Institutional Positions Chart

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