Gamco buys 611,800 shares of GenCorp, reports 9.13% ownership stake

By Lisa Kerner

Charlotte, N.C., April 27 - GenCorp Inc. investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. lifted their stake in the company to 9.13% from 8.11%.

The investors bought a net 611,800 shares following a series of buy and sell transactions between March 12 and April 24, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission on Monday.

According to the filing, the shares were priced from $2.0518 to $3.00 per share.

Gamco and its affiliates beneficially own 5,342,127 shares of the Rancho Cordova, Calif., defense products manufacturer.

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