Linden Thomas Advisory Services LLC Has $315,000 Stock Holdings in Gentherm Incorporated (NASDAQ:THRM)

Linden Thomas Advisory Services LLC boosted its position in Gentherm Incorporated (NASDAQ:THRM) by 30.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,011 shares of the auto parts company’s stock after purchasing an additional 1,399 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Gentherm were worth $315,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC bought a new position in Gentherm during the third quarter worth $404,000. Harbor Capital Advisors Inc. boosted its holdings in shares of Gentherm by 1.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 20,908 shares of the auto parts company’s stock worth $1,134,000 after buying an additional 251 shares during the period. Raymond James & Associates grew its stake in Gentherm by 0.5% in the 3rd quarter. Raymond James & Associates now owns 104,144 shares of the auto parts company’s stock valued at $5,651,000 after buying an additional 469 shares during the last quarter. Eagle Ridge Investment Management raised its holdings in Gentherm by 5.3% in the 3rd quarter. Eagle Ridge Investment Management now owns 6,272 shares of the auto parts company’s stock valued at $340,000 after acquiring an additional 316 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Gentherm by 18.6% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,342 shares of the auto parts company’s stock valued at $398,000 after acquiring an additional 1,154 shares during the period. Institutional investors own 97.13% of the company’s stock.

Gentherm Price Performance

Shares of NASDAQ THRM opened at $50.59 on Friday. The business has a fifty day moving average price of $54.38 and a two-hundred day moving average price of $50.59. The stock has a market capitalization of $1.60 billion, a PE ratio of 41.13 and a beta of 1.49. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.12 and a quick ratio of 1.48. Gentherm Incorporated has a fifty-two week low of $38.21 and a fifty-two week high of $66.54.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings results on Wednesday, February 21st. The auto parts company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.36. The business had revenue of $366.93 million during the quarter, compared to the consensus estimate of $364.40 million. Gentherm had a return on equity of 12.91% and a net margin of 2.75%. Gentherm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.47 earnings per share. As a group, equities analysts predict that Gentherm Incorporated will post 2.8 earnings per share for the current fiscal year.

Insider Transactions at Gentherm

In other Gentherm news, CEO Phillip Eyler sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of $55.17, for a total transaction of $827,550.00. Following the completion of the transaction, the chief executive officer now directly owns 147,317 shares in the company, valued at $8,127,478.89. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.91% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on THRM. JPMorgan Chase & Co. decreased their target price on Gentherm from $63.00 to $60.00 and set an “underweight” rating on the stock in a research report on Monday, April 22nd. Robert W. Baird increased their price objective on Gentherm from $60.00 to $66.00 and gave the stock a “neutral” rating in a research report on Thursday, February 22nd. Finally, StockNews.com raised shares of Gentherm from a “hold” rating to a “buy” rating in a research report on Thursday, February 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $66.00.

About Gentherm

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.