Global Alpha Capital Management Ltd. Grows Position in Gentherm Incorporated (NASDAQ:THRM)

Global Alpha Capital Management Ltd. lifted its holdings in Gentherm Incorporated (NASDAQ:THRM - Free Report) by 23.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 782,983 shares of the auto parts company's stock after purchasing an additional 150,310 shares during the quarter. Gentherm accounts for about 2.3% of Global Alpha Capital Management Ltd.'s investment portfolio, making the stock its 20th biggest holding. Global Alpha Capital Management Ltd. owned 2.53% of Gentherm worth $31,261,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Barclays PLC lifted its stake in Gentherm by 234.8% during the 3rd quarter. Barclays PLC now owns 61,466 shares of the auto parts company's stock valued at $2,861,000 after acquiring an additional 43,108 shares during the period. JPMorgan Chase & Co. lifted its position in Gentherm by 46.0% during the third quarter. JPMorgan Chase & Co. now owns 67,831 shares of the auto parts company's stock valued at $3,158,000 after purchasing an additional 21,376 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Gentherm by 1.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 460,829 shares of the auto parts company's stock worth $21,452,000 after purchasing an additional 5,754 shares during the last quarter. Cerity Partners LLC grew its position in Gentherm by 880.7% in the 3rd quarter. Cerity Partners LLC now owns 188,683 shares of the auto parts company's stock worth $8,783,000 after purchasing an additional 169,443 shares during the period. Finally, FMR LLC raised its stake in Gentherm by 26.8% during the 3rd quarter. FMR LLC now owns 507,598 shares of the auto parts company's stock valued at $23,629,000 after buying an additional 107,322 shares during the last quarter. 97.13% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

Several analysts recently commented on the company. 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 report on Thursday, February 20th. JPMorgan Chase & Co. dropped their price objective on shares of Gentherm from $56.00 to $51.00 and set a "neutral" rating on the stock in a report on Monday, January 27th. Finally, StockNews.com downgraded shares of Gentherm from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, February 26th.

Gentherm Stock Performance

Shares of NASDAQ:THRM traded down $0.63 during mid-day trading on Wednesday, reaching $31.00. 243,377 shares of the company traded hands, compared to its average volume of 189,792. Gentherm Incorporated has a 52 week low of $30.25 and a 52 week high of $57.96. The firm has a market cap of $954.46 million, a PE ratio of 14.98 and a beta of 1.45. The company's 50 day moving average price is $36.72 and its 200-day moving average price is $41.23. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.01 and a quick ratio of 1.38.

Gentherm (NASDAQ:THRM - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The auto parts company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.68 by ($0.39). Gentherm had a return on equity of 11.43% and a net margin of 4.46%. The firm had revenue of $352.91 million during the quarter, compared to analysts' expectations of $360.29 million. During the same period last year, the company earned $0.90 earnings per share. The business's revenue for the quarter was down 3.8% on a year-over-year basis. On average, equities analysts expect that Gentherm Incorporated will post 3.1 EPS for the current fiscal 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.