Universal Beteiligungs und Servicegesellschaft mbH Trims Stock Position in Gentherm Inc $THRM

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH cut its stake by 58.3% in Gentherm during Q4, selling 69,447 shares and finishing with 49,667 shares (about 0.16% of the company, worth $1.806 million).
• Gentherm beat quarterly expectations, reporting EPS of $0.84 vs. $0.53 expected and revenue of $393.7M (up 11.2% YoY); analysts expect roughly 2.68 EPS for the current fiscal year.
• The stock has a market cap of $929M and a P/E of 40.4, is heavily institutionally owned (~97.13%), and carries a MarketBeat consensus rating of "Hold" with a $37.20 price target amid mixed analyst actions.

Universal Beteiligungs und Servicegesellschaft mbH cut its position in shares of Gentherm Inc (NASDAQ:THRM - Free Report) by 58.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,667 shares of the auto parts company's stock after selling 69,447 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.16% of Gentherm worth $1,806,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. SummerHaven Investment Management LLC purchased a new position in shares of Gentherm during the third quarter worth about $929,000. SG Americas Securities LLC grew its holdings in shares of Gentherm by 269.4% during the third quarter. SG Americas Securities LLC now owns 37,353 shares of the auto parts company's stock worth $1,272,000 after buying an additional 27,241 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in Gentherm by 71.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 284,566 shares of the auto parts company's stock valued at $9,692,000 after purchasing an additional 118,346 shares during the period. Harvey Partners LLC lifted its position in Gentherm by 72.6% in the third quarter. Harvey Partners LLC now owns 1,024,500 shares of the auto parts company's stock valued at $34,894,000 after purchasing an additional 431,072 shares during the period. Finally, Segall Bryant & Hamill LLC lifted its position in Gentherm by 46.7% in the third quarter. Segall Bryant & Hamill LLC now owns 997,125 shares of the auto parts company's stock valued at $33,962,000 after purchasing an additional 317,246 shares during the period. 97.13% of the stock is owned by hedge funds and other institutional investors.

Gentherm Price Performance

THRM stock opened at $30.30 on Friday. The firm has a 50 day moving average of $29.48 and a 200-day moving average of $33.58. Gentherm Inc has a 12-month low of $25.47 and a 12-month high of $39.48. The company has a current ratio of 1.97, a quick ratio of 1.36 and a debt-to-equity ratio of 0.31. The company has a market cap of $929.30 million, a price-to-earnings ratio of 40.40 and a beta of 1.35.

Gentherm (NASDAQ:THRM - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The auto parts company reported $0.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.31. Gentherm had a net margin of 1.47% and a return on equity of 11.25%. The company had revenue of $393.71 million during the quarter, compared to the consensus estimate of $363.82 million. During the same period last year, the firm earned $0.51 EPS. The company's revenue for the quarter was up 11.2% on a year-over-year basis. As a group, equities analysts expect that Gentherm Inc will post 2.68 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Robert W. Baird raised their price objective on shares of Gentherm from $33.00 to $34.00 and gave the company a "neutral" rating in a research report on Friday, April 24th. Weiss Ratings upgraded shares of Gentherm from a "sell (d)" rating to a "sell (d+)" rating in a research report on Friday, April 24th. Roth Mkm reduced their price objective on shares of Gentherm from $44.00 to $39.00 and set a "buy" rating for the company in a research report on Monday, March 23rd. Loop Capital set a $38.00 price objective on shares of Gentherm in a research report on Wednesday, February 25th. Finally, Wall Street Zen upgraded shares of Gentherm from a "buy" rating to a "strong-buy" rating in a research report on Saturday, April 25th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $37.20.

Gentherm Profile

Gentherm Incorporated NASDAQ: THRM is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company's core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm's product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.

In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.

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