Segall Bryant & Hamill LLC Has $20.96 Million Stock Holdings in Gentherm Incorporated (NASDAQ:THRM)

Segall Bryant & Hamill LLC raised its stake in Gentherm Incorporated (NASDAQ:THRM) by 42.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 525,026 shares of the auto parts company’s stock after buying an additional 157,544 shares during the period. Segall Bryant & Hamill LLC owned 1.69% of Gentherm worth $20,962,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quarry LP increased its stake in shares of Gentherm by 952.9% in the third quarter. Quarry LP now owns 537 shares of the auto parts company’s stock valued at $25,000 after buying an additional 486 shares during the period. Signaturefd LLC grew its holdings in Gentherm by 233.8% during the 4th quarter. Signaturefd LLC now owns 661 shares of the auto parts company’s stock worth $26,000 after acquiring an additional 463 shares during the last quarter. KBC Group NV grew its holdings in Gentherm by 82.2% during the 4th quarter. KBC Group NV now owns 1,822 shares of the auto parts company’s stock worth $73,000 after acquiring an additional 822 shares during the last quarter. Palouse Capital Management Inc. increased its position in Gentherm by 91.6% in the 4th quarter. Palouse Capital Management Inc. now owns 3,585 shares of the auto parts company’s stock valued at $143,000 after acquiring an additional 1,714 shares during the period. Finally, MeadowBrook Investment Advisors LLC raised its stake in shares of Gentherm by 37.8% during the fourth quarter. MeadowBrook Investment Advisors LLC now owns 4,630 shares of the auto parts company’s stock valued at $185,000 after acquiring an additional 1,270 shares during the last quarter. Institutional investors own 97.13% of the company’s stock.

Gentherm Trading Down 0.9 %

THRM opened at $31.02 on Wednesday. The stock has a market cap of $955.07 million, a PE ratio of 14.99 and a beta of 1.45. The company has a quick ratio of 1.38, a current ratio of 2.01 and a debt-to-equity ratio of 0.36. Gentherm Incorporated has a twelve month low of $29.70 and a twelve month high of $57.96. The company has a fifty day moving average of $34.98 and a 200-day moving average of $39.92.

Gentherm (NASDAQ:THRM) last issued its quarterly earnings results on Wednesday, February 19th. The auto parts company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.39). The business had revenue of $352.91 million for the quarter, compared to analyst estimates of $360.29 million. Gentherm had a return on equity of 11.43% and a net margin of 4.46%. The business’s revenue was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.90 earnings per share. On average, sell-side analysts predict that Gentherm Incorporated will post 3.1 EPS for the current year.

Analysts Set New Price Targets

THRM has been the topic of several analyst reports. StockNews.com cut shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 26th. Robert W. Baird reduced their price target on Gentherm from $44.00 to $39.00 and set a “neutral” rating on the stock in a research report on Thursday, February 20th. Finally, JPMorgan Chase & Co. lowered their price objective on Gentherm from $56.00 to $51.00 and set a “neutral” rating for the company in a research report on Monday, January 27th.

Gentherm Company 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.