Bridge City Capital LLC Purchases 7,004 Shares of Gentherm Incorporated (NASDAQ:THRM)

Bridge City Capital LLC boosted its position in Gentherm Incorporated (NASDAQ:THRM) by 6.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,088 shares of the auto parts company’s stock after purchasing an additional 7,004 shares during the quarter. Gentherm comprises 1.3% of Bridge City Capital LLC’s investment portfolio, making the stock its 25th biggest position. Bridge City Capital LLC’s holdings in Gentherm were worth $4,795,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Rhumbline Advisers raised its position in shares of Gentherm by 0.3% in the fourth quarter. Rhumbline Advisers now owns 90,758 shares of the auto parts company’s stock worth $3,623,000 after buying an additional 277 shares in the last quarter. Captrust Financial Advisors increased its stake in Gentherm by 3.9% in the 3rd quarter. Captrust Financial Advisors now owns 8,296 shares of the auto parts company’s stock worth $386,000 after acquiring an additional 314 shares during the last quarter. Signaturefd LLC raised its holdings in shares of Gentherm by 233.8% in the 4th quarter. Signaturefd LLC now owns 661 shares of the auto parts company’s stock valued at $26,000 after acquiring an additional 463 shares in the last quarter. Quarry LP boosted its position in shares of Gentherm by 952.9% during the 3rd quarter. Quarry LP now owns 537 shares of the auto parts company’s stock valued at $25,000 after acquiring an additional 486 shares during the last quarter. Finally, KBC Group NV grew its holdings in shares of Gentherm by 82.2% during the fourth quarter. KBC Group NV now owns 1,822 shares of the auto parts company’s stock worth $73,000 after purchasing an additional 822 shares in the last quarter. 97.13% of the stock is owned by institutional investors.

Gentherm Trading Down 1.0 %

THRM stock opened at $30.08 on Friday. The company has a market capitalization of $926.13 million, a PE ratio of 14.53 and a beta of 1.45. 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 one year low of $29.70 and a one year high of $57.96. The company’s 50 day moving average price is $35.29 and its two-hundred day moving average price is $40.19.

Gentherm (NASDAQ:THRM) last posted its quarterly 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 return on equity of 11.43% and a net margin of 4.46%. The business had revenue of $352.91 million during the quarter, compared to the consensus estimate of $360.29 million. During the same period in the prior year, the firm earned $0.90 earnings per share. The business’s revenue for the quarter was down 3.8% on a year-over-year basis. As a group, analysts predict that Gentherm Incorporated will post 3.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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