15,458 Shares in Gentherm Incorporated (NASDAQ:THRM) Bought by Gotham Asset Management LLC

Gotham Asset Management LLC purchased a new stake in shares of Gentherm Incorporated (NASDAQ:THRM - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,458 shares of the auto parts company's stock, valued at approximately $617,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Gentherm by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 3,667,551 shares of the auto parts company's stock worth $146,427,000 after buying an additional 74,758 shares in the last quarter. Trigran Investments Inc. raised its position in shares of Gentherm by 7.3% during the 4th quarter. Trigran Investments Inc. now owns 1,990,938 shares of the auto parts company's stock worth $79,488,000 after purchasing an additional 135,458 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Gentherm by 5.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,217,681 shares of the auto parts company's stock worth $48,616,000 after purchasing an additional 62,562 shares during the period. Global Alpha Capital Management Ltd. raised its position in shares of Gentherm by 23.8% during the 4th quarter. Global Alpha Capital Management Ltd. now owns 782,983 shares of the auto parts company's stock worth $31,261,000 after purchasing an additional 150,310 shares during the period. Finally, Segall Bryant & Hamill LLC raised its position in shares of Gentherm by 42.9% during the 4th quarter. Segall Bryant & Hamill LLC now owns 525,026 shares of the auto parts company's stock worth $20,962,000 after purchasing an additional 157,544 shares during the period. Institutional investors and hedge funds own 97.13% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Robert W. Baird increased their price target on Gentherm from $27.00 to $28.00 and gave the stock a "neutral" rating in a research report on Friday, April 25th. Wall Street Zen cut Gentherm from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. dropped their price target on Gentherm from $56.00 to $51.00 and set a "neutral" rating on the stock in a research report on Monday, January 27th.

Insider Buying and Selling at Gentherm

In related news, CEO William T. Presley acquired 3,000 shares of the business's stock in a transaction dated Friday, April 25th. The stock was bought at an average price of $24.67 per share, for a total transaction of $74,010.00. Following the transaction, the chief executive officer now owns 161,103 shares of the company's stock, valued at approximately $3,974,411.01. The trade was a 1.90% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

Gentherm Stock Performance

THRM stock traded down $0.41 on Friday, reaching $26.85. The company's stock had a trading volume of 218,438 shares, compared to its average volume of 257,728. Gentherm Incorporated has a 52 week low of $22.75 and a 52 week high of $56.68. The company has a market capitalization of $828.59 million, a P/E ratio of 12.97 and a beta of 1.44. The firm has a fifty day moving average of $26.52 and a two-hundred day moving average of $34.46. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.01 and a quick ratio of 1.38.

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

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.