Gentherm Incorporated (NASDAQ:THRM) Shares Sold by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC lessened its holdings in shares of Gentherm Incorporated (NASDAQ:THRM - Free Report) by 4.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 904,102 shares of the auto parts company's stock after selling 42,620 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned approximately 2.92% of Gentherm worth $36,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Quarry LP boosted its position 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 in the last quarter. Signaturefd LLC boosted its holdings in Gentherm by 233.8% during the fourth quarter. Signaturefd LLC now owns 661 shares of the auto parts company's stock worth $26,000 after buying an additional 463 shares in the last quarter. KBC Group NV grew its position in Gentherm by 82.2% during the fourth quarter. KBC Group NV now owns 1,822 shares of the auto parts company's stock valued at $73,000 after buying an additional 822 shares during the period. Palouse Capital Management Inc. increased its holdings in Gentherm by 91.6% in the fourth quarter. Palouse Capital Management Inc. now owns 3,585 shares of the auto parts company's stock valued at $143,000 after buying an additional 1,714 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Gentherm in the third quarter worth about $207,000. 97.13% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on THRM shares. JPMorgan Chase & Co. cut their price target on Gentherm from $56.00 to $51.00 and set a "neutral" rating for the company in a research note on Monday, January 27th. Robert W. Baird cut their price objective on Gentherm from $44.00 to $39.00 and set a "neutral" rating for the company in a research report on Thursday, February 20th. Finally, StockNews.com lowered Gentherm from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, February 26th.

Gentherm Price Performance

Gentherm stock traded down $0.07 during midday trading on Friday, reaching $25.23. The company had a trading volume of 693,948 shares, compared to its average volume of 214,448. Gentherm Incorporated has a 12-month low of $24.01 and a 12-month high of $56.72. The firm's fifty day simple moving average is $32.96 and its 200-day simple moving average is $38.94. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.01 and a quick ratio of 1.38. The company has a market capitalization of $776.81 million, a P/E ratio of 12.19 and a beta of 1.45.

Gentherm (NASDAQ:THRM - Get Free Report) last released its earnings results on Wednesday, February 19th. The auto parts company reported $0.29 earnings per share 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 analysts' expectations of $360.29 million. During the same quarter last year, the business earned $0.90 EPS. The business's revenue was down 3.8% compared to the same quarter last year. As a group, equities analysts anticipate that Gentherm Incorporated will post 3.1 EPS for the current year.

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.