Advisor Group Inc. Boosts Position in Gentherm Inc (THRM)

Advisor Group Inc. increased its holdings in shares of Gentherm Inc (NASDAQ:THRM) by 70.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,354 shares of the auto parts company’s stock after acquiring an additional 558 shares during the period. Advisor Group Inc.’s holdings in Gentherm were worth $54,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of THRM. BlackRock Inc. raised its holdings in Gentherm by 3.0% in the third quarter. BlackRock Inc. now owns 5,225,390 shares of the auto parts company’s stock worth $237,497,000 after buying an additional 150,810 shares during the last quarter. Vanguard Group Inc. raised its holdings in Gentherm by 1.9% in the third quarter. Vanguard Group Inc. now owns 3,595,329 shares of the auto parts company’s stock worth $163,408,000 after buying an additional 66,085 shares during the last quarter. Vanguard Group Inc raised its holdings in Gentherm by 1.9% in the third quarter. Vanguard Group Inc now owns 3,595,329 shares of the auto parts company’s stock worth $163,408,000 after buying an additional 66,085 shares during the last quarter. Disciplined Growth Investors Inc. MN raised its holdings in Gentherm by 1.9% in the third quarter. Disciplined Growth Investors Inc. MN now owns 1,870,707 shares of the auto parts company’s stock worth $85,024,000 after buying an additional 35,323 shares during the last quarter. Finally, Trigran Investments Inc. raised its holdings in Gentherm by 4.0% in the fourth quarter. Trigran Investments Inc. now owns 1,141,413 shares of the auto parts company’s stock worth $45,634,000 after buying an additional 43,970 shares during the last quarter.

Several research analysts have issued reports on the stock. BidaskClub raised shares of Gentherm from a “sell” rating to a “hold” rating in a report on Thursday, April 4th. ValuEngine cut shares of Gentherm from a “buy” rating to a “hold” rating in a report on Wednesday, March 6th. TheStreet raised shares of Gentherm from a “c” rating to a “b-” rating in a report on Friday, February 22nd. Longbow Research set a $32.00 price objective on shares of Gentherm and gave the company a “sell” rating in a report on Friday, February 22nd. Finally, Craig Hallum cut shares of Gentherm from a “buy” rating to a “hold” rating and decreased their price objective for the company from $48.00 to $46.00 in a report on Thursday, February 21st. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company. Gentherm presently has a consensus rating of “Hold” and a consensus price target of $45.22.

THRM opened at $41.88 on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.53 and a quick ratio of 1.88. Gentherm Inc has a twelve month low of $30.45 and a twelve month high of $50.30. The company has a market cap of $1.40 billion, a PE ratio of 19.75 and a beta of 1.27.

Gentherm (NASDAQ:THRM) last released its quarterly earnings data on Thursday, February 21st. The auto parts company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.08). Gentherm had a net margin of 4.04% and a return on equity of 13.83%. The company had revenue of $253.65 million for the quarter, compared to analysts’ expectations of $266.86 million. During the same period in the previous year, the firm earned $0.61 earnings per share. The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. As a group, research analysts predict that Gentherm Inc will post 2.08 EPS for the current fiscal year.

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About Gentherm

Gentherm Incorporated designs, develops, and manufactures thermal management technologies in North America, Europe, and Asia. The company operates through two segments, Automotive and Industrial. The Automotive segment offers automotive seat comfort systems, including seat heaters, variable temperature climate control seats that are designed to provide individualized thermal comfort to automobile passengers; and integrated electronic components, such as blowers and electronic control units.

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Institutional Ownership by Quarter for Gentherm (NASDAQ:THRM)

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