Gentherm Incorporated (NASDAQ:THRM) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its position in Gentherm Incorporated (NASDAQ:THRM) by 5.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,217,681 shares of the auto parts company’s stock after buying an additional 62,562 shares during the period. Dimensional Fund Advisors LP’s holdings in Gentherm were worth $48,616,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Signaturefd LLC raised its stake in shares of Gentherm by 233.8% during the 4th quarter. Signaturefd LLC now owns 661 shares of the auto parts company’s stock worth $26,000 after buying an additional 463 shares during the last quarter. KBC Group NV raised its position in Gentherm by 82.2% during the fourth quarter. KBC Group NV now owns 1,822 shares of the auto parts company’s stock worth $73,000 after acquiring an additional 822 shares during the last quarter. Headlands Technologies LLC lifted its holdings in shares of Gentherm by 117.1% in the fourth quarter. Headlands Technologies LLC now owns 1,837 shares of the auto parts company’s stock valued at $73,000 after purchasing an additional 991 shares in the last quarter. Palouse Capital Management Inc. lifted its holdings in shares of Gentherm by 91.6% in the fourth quarter. Palouse Capital Management Inc. now owns 3,585 shares of the auto parts company’s stock valued at $143,000 after purchasing an additional 1,714 shares in the last quarter. Finally, MeadowBrook Investment Advisors LLC grew its position in shares of Gentherm by 37.8% in the fourth quarter. MeadowBrook Investment Advisors LLC now owns 4,630 shares of the auto parts company’s stock valued at $185,000 after purchasing an additional 1,270 shares during the last quarter. 97.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

THRM has been the subject of several research reports. JPMorgan Chase & Co. cut their price objective on Gentherm from $56.00 to $51.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. StockNews.com downgraded Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 26th. Finally, Robert W. Baird increased their price objective on Gentherm from $27.00 to $28.00 and gave the company a “neutral” rating in a research note on Friday, April 25th.

Gentherm Stock Up 0.5 %

THRM stock opened at $26.53 on Friday. The company has a 50 day moving average price of $27.80 and a two-hundred day moving average price of $35.84. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.38 and a current ratio of 2.01. The stock has a market capitalization of $818.72 million, a P/E ratio of 12.82 and a beta of 1.46. Gentherm Incorporated has a one year low of $22.75 and a one year high of $56.68.

Gentherm (NASDAQ:THRM) last announced its quarterly earnings data on Thursday, April 24th. The auto parts company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.03. Gentherm had a return on equity of 11.43% and a net margin of 4.46%. The business had revenue of $353.85 million during the quarter, compared to the consensus estimate of $347.39 million. During the same quarter in the previous year, the business earned $0.62 earnings per share. The business’s revenue for the quarter was down .6% on a year-over-year basis. As a group, sell-side analysts expect that Gentherm Incorporated will post 3.1 EPS for the current year.

Insider Transactions at Gentherm

In related news, CEO William T. Presley purchased 3,000 shares of the company’s stock in a transaction that occurred on Friday, April 25th. The stock was purchased at an average price of $24.67 per share, with a total value of $74,010.00. Following the completion of the transaction, the chief executive officer now owns 161,103 shares of the company’s stock, valued at approximately $3,974,411.01. This trade represents a 1.90 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.40% of the company’s stock.

Gentherm Profile

Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units; and other climate comfort systems, including neck and shoulder conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.