Amundi Purchases 9,839 Shares of Gentherm Incorporated (NASDAQ:THRM)

Amundi boosted its position in Gentherm Incorporated (NASDAQ:THRM - Free Report) by 185.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,143 shares of the auto parts company's stock after purchasing an additional 9,839 shares during the period. Amundi's holdings in Gentherm were worth $595,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Quarry LP raised its holdings in Gentherm by 952.9% in the 3rd quarter. Quarry LP now owns 537 shares of the auto parts company's stock worth $25,000 after purchasing an additional 486 shares during the period. KBC Group NV increased its position in Gentherm by 82.2% in the fourth quarter. KBC Group NV now owns 1,822 shares of the auto parts company's stock worth $73,000 after buying an additional 822 shares in the last quarter. Palouse Capital Management Inc. raised its stake in shares of Gentherm by 91.6% in the fourth quarter. Palouse Capital Management Inc. now owns 3,585 shares of the auto parts company's stock worth $143,000 after buying an additional 1,714 shares during the period. XTX Topco Ltd purchased a new position in shares of Gentherm during the 3rd quarter valued at about $207,000. Finally, MeadowBrook Investment Advisors LLC lifted its position in shares of Gentherm by 37.8% during the 4th quarter. MeadowBrook Investment Advisors LLC now owns 4,630 shares of the auto parts company's stock valued at $185,000 after buying an additional 1,270 shares in the last quarter. 97.13% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on THRM shares. 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 note on Monday, January 27th. Robert W. Baird decreased their price objective on shares of Gentherm from $44.00 to $39.00 and set a "neutral" rating on the stock in a research report on Thursday, February 20th. Finally, StockNews.com cut shares of Gentherm from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, February 26th.

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Gentherm Price Performance

THRM stock traded up $1.21 during midday trading on Monday, hitting $31.29. The company's stock had a trading volume of 289,677 shares, compared to its average volume of 194,066. 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 12 month low of $29.70 and a 12 month high of $57.96. The company has a 50 day moving average of $35.29 and a two-hundred day moving average of $40.14. The firm has a market capitalization of $963.39 million, a price-to-earnings ratio of 15.12 and a beta of 1.45.

Gentherm (NASDAQ:THRM - Get Free Report) last issued its 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 company had revenue of $352.91 million for the quarter, compared to the consensus estimate of $360.29 million. Gentherm had a return on equity of 11.43% and a net margin of 4.46%. Gentherm's revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.90 EPS. On average, analysts expect that Gentherm Incorporated will post 3.1 EPS for the current year.

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.