Headlands Technologies LLC Has $73,000 Holdings in Gentherm Incorporated (NASDAQ:THRM)

Headlands Technologies LLC lifted its stake in shares of Gentherm Incorporated (NASDAQ:THRM) by 117.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,837 shares of the auto parts company’s stock after purchasing an additional 991 shares during the period. Headlands Technologies LLC’s holdings in Gentherm were worth $73,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its position in Gentherm by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 3,667,551 shares of the auto parts company’s stock worth $146,427,000 after purchasing an additional 74,758 shares during the last quarter. Disciplined Growth Investors Inc. MN raised its position in shares of Gentherm by 2.0% during the third quarter. Disciplined Growth Investors Inc. MN now owns 1,169,671 shares of the auto parts company’s stock worth $54,448,000 after acquiring an additional 23,051 shares during the last quarter. Global Alpha Capital Management Ltd. lifted its stake in shares of Gentherm by 23.8% during the fourth quarter. Global Alpha Capital Management Ltd. now owns 782,983 shares of the auto parts company’s stock valued at $31,261,000 after acquiring an additional 150,310 shares during the period. Segall Bryant & Hamill LLC boosted its holdings in Gentherm by 42.9% in the fourth quarter. Segall Bryant & Hamill LLC now owns 525,026 shares of the auto parts company’s stock valued at $20,962,000 after acquiring an additional 157,544 shares during the last quarter. Finally, FMR LLC increased its position in Gentherm by 26.8% in the third quarter. FMR LLC now owns 507,598 shares of the auto parts company’s stock worth $23,629,000 after purchasing an additional 107,322 shares during the period. 97.13% of the stock is owned by institutional investors.

Gentherm Stock Performance

Shares of THRM stock opened at $25.23 on Monday. The stock has a market cap of $776.81 million, a PE ratio of 12.19 and a beta of 1.46. The stock has a 50-day moving average of $32.96 and a 200-day moving average of $38.80. 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 Incorporated has a one year low of $24.00 and a one year high of $56.72.

Gentherm (NASDAQ:THRM) last issued its earnings results on Wednesday, February 19th. The auto parts company reported $0.29 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 the consensus estimate of $360.29 million. During the same period in the previous year, the company posted $0.90 EPS. The firm’s revenue for the quarter was down 3.8% on a year-over-year basis. As a group, sell-side analysts expect that Gentherm Incorporated will post 3.1 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Robert W. Baird cut their target price 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. 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. dropped 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 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.