Gotham Asset Management LLC Acquires Shares of 15,458 Gentherm Incorporated (NASDAQ:THRM)

Gotham Asset Management LLC bought a new position in shares of Gentherm Incorporated (NASDAQ:THRM - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 15,458 shares of the auto parts company's stock, valued at approximately $617,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Rhumbline Advisers increased its holdings in Gentherm by 0.3% during the 4th quarter. Rhumbline Advisers now owns 90,758 shares of the auto parts company's stock worth $3,623,000 after purchasing an additional 277 shares in the last quarter. Comerica Bank grew its holdings in shares of Gentherm by 1.4% in the 4th quarter. Comerica Bank now owns 21,012 shares of the auto parts company's stock valued at $839,000 after acquiring an additional 300 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Gentherm by 233.8% in the 4th quarter. Signaturefd LLC now owns 661 shares of the auto parts company's stock valued at $26,000 after acquiring an additional 463 shares in the last quarter. KBC Group NV grew its holdings in shares of Gentherm by 82.2% in the 4th quarter. KBC Group NV now owns 1,822 shares of the auto parts company's stock valued at $73,000 after acquiring an additional 822 shares in the last quarter. Finally, Barclays PLC grew its holdings in shares of Gentherm by 1.4% in the 4th quarter. Barclays PLC now owns 62,346 shares of the auto parts company's stock valued at $2,489,000 after acquiring an additional 880 shares in the last quarter. Institutional investors own 97.13% of the company's stock.

Gentherm Stock Performance

NASDAQ:THRM traded down $0.41 during mid-day trading on Friday, hitting $26.85. The stock had a trading volume of 218,438 shares, compared to its average volume of 258,030. Gentherm Incorporated has a twelve month low of $22.75 and a twelve month high of $56.68. The stock has a market cap of $828.59 million, a price-to-earnings ratio of 12.97 and a beta of 1.44. The company's 50 day simple moving average is $26.44 and its 200 day simple moving average is $34.27. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.38 and a current ratio of 2.01.

Gentherm (NASDAQ:THRM - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The auto parts company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.03. Gentherm had a net margin of 4.46% and a return on equity of 11.43%. The firm had revenue of $353.85 million during the quarter, compared to the consensus estimate of $347.39 million. During the same period last year, the business posted $0.62 earnings per share. The business's revenue for the quarter was down .6% compared to the same quarter last year. On average, equities research analysts forecast that Gentherm Incorporated will post 3.1 earnings per share for the current year.

Insider Transactions at Gentherm

In other Gentherm news, CEO William T. Presley purchased 3,000 shares of the company's stock in a transaction dated Friday, April 25th. The stock was bought at an average cost of $24.67 per share, for a total transaction of $74,010.00. Following the completion of the transaction, the chief executive officer now owns 161,103 shares in the company, valued at approximately $3,974,411.01. This represents a 1.90% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 1.40% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on THRM. Robert W. Baird raised their price objective on Gentherm from $27.00 to $28.00 and gave the company a "neutral" rating in a report on Friday, April 25th. JPMorgan Chase & Co. decreased their price objective on Gentherm from $56.00 to $51.00 and set a "neutral" rating for the company in a report on Monday, January 27th. Finally, Wall Street Zen cut Gentherm from a "strong-buy" rating to a "buy" rating in a report on Wednesday, February 26th.

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.