27,500 Shares in Gentherm Incorporated (NASDAQ:THRM) Bought by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC purchased a new position in shares of Gentherm Incorporated (NASDAQ:THRM - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 27,500 shares of the auto parts company's stock, valued at approximately $1,098,000. Integrated Quantitative Investments LLC owned approximately 0.09% of Gentherm at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the company. Rhumbline Advisers boosted its holdings in shares of Gentherm by 0.3% during the 4th quarter. Rhumbline Advisers now owns 90,758 shares of the auto parts company's stock valued at $3,623,000 after acquiring an additional 277 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of Gentherm by 3.9% during the third quarter. Captrust Financial Advisors now owns 8,296 shares of the auto parts company's stock valued at $386,000 after purchasing an additional 314 shares in the last quarter. Signaturefd LLC boosted its stake in shares of Gentherm by 233.8% during the fourth quarter. Signaturefd LLC now owns 661 shares of the auto parts company's stock valued at $26,000 after purchasing an additional 463 shares in the last quarter. Quarry LP grew its holdings in shares of Gentherm by 952.9% during the third 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 last quarter. Finally, KBC Group NV raised its holdings in Gentherm by 82.2% in the 4th 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 last quarter. 97.13% of the stock is owned by institutional investors.

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Wall Street Analysts Forecast Growth

THRM has been the topic of a number of research reports. Robert W. Baird reduced their target price on shares of Gentherm from $44.00 to $39.00 and set a "neutral" rating on the stock in a report on Thursday, February 20th. StockNews.com cut shares of Gentherm from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. lowered their target price 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 Trading Up 1.2 %

Shares of NASDAQ THRM traded up $0.28 during midday trading on Wednesday, reaching $23.94. The stock had a trading volume of 162,086 shares, compared to its average volume of 287,652. The company's 50 day moving average price is $32.00 and its 200 day moving average price is $38.34. 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 Incorporated has a twelve month low of $23.10 and a twelve month high of $56.72. The firm has a market cap of $737.00 million, a price-to-earnings ratio of 11.56 and a beta of 1.46.

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 (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 analyst estimates of $360.29 million. During the same quarter in the previous year, the firm earned $0.90 EPS. Gentherm's quarterly revenue was down 3.8% on a year-over-year basis. As a group, sell-side analysts expect 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.