2 weeks Ago By Defense World Staff
Prudential Financial Inc. cut its stake in Gentherm Incorporated ( NASDAQ:THRM – Free Report ) by 9.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 31,261 shares of the auto parts company’s stock after selling 3,138 shares during the quarter. Prudential Financial Inc. owned approximately 0.
10% of Gentherm worth $1,323,000 as of its most recent SEC filing. A number of other hedge funds also recently modified their holdings of THRM. Vanguard Group Inc.
raised its holdings in Gentherm by 2.1% in the 4th quarter. Vanguard Group Inc.
now owns 3,667,551 shares of the auto parts company’s stock valued at $146,427,000 after acquiring an additional 74,758 shares during the period. Disciplined Growth Investors Inc. MN increased its stake in shares of Gentherm by 2.
0% during the third quarter. Disciplined Growth Investors Inc. MN now owns 1,169,671 shares of the auto parts company’s stock worth $54,448,000 after purchasing an additional 23,051 shares during the period.
Global Alpha Capital Management Ltd. lifted its holdings in 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 last quarter. FMR LLC boosted its stake in Gentherm by 26.
8% in the 3rd quarter. FMR LLC now owns 507,598 shares of the auto parts company’s stock valued at $23,629,000 after purchasing an additional 107,322 shares during the period. Finally, Charles Schwab Investment Management Inc.
grew its holdings in Gentherm by 5.6% in the 4th quarter. Charles Schwab Investment Management Inc.
now owns 486,565 shares of the auto parts company’s stock valued at $19,426,000 after buying an additional 25,736 shares in the last quarter. Institutional investors and hedge funds own 97.13% of the company’s stock.
Wall Street Analyst Weigh In A number of equities research analysts have recently issued reports on the stock. Robert W. Baird reduced their target price on shares of Gentherm from $44.
00 to $39.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. StockNews.
com downgraded shares of Gentherm from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Gentherm from $56.
00 to $51.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Gentherm Stock Down 0.
3 % Shares of NASDAQ THRM opened at $25.23 on Friday. The stock has a market capitalization of $776.
81 million, a P/E ratio of 12.19 and a beta of 1.46.
The stock’s fifty day moving average is $32.96 and its 200 day moving average is $38.87.
Gentherm Incorporated has a 52 week low of $24.00 and a 52 week high of $56.72.
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 released its earnings results on Wednesday, February 19th. The auto parts company reported $0.
29 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.39).
Gentherm had a net margin of 4.46% and a return on equity of 11.43%.
The firm had revenue of $352.91 million during the quarter, compared to the consensus estimate of $360.29 million.
During the same period in the prior year, the business earned $0.90 earnings per share. Gentherm’s quarterly revenue was down 3.
8% compared to the same quarter last year. Sell-side analysts forecast that Gentherm Incorporated will post 3.1 earnings per share for the current fiscal year.
Gentherm Profile ( Free Report ) 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.
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