Chatham Capital Group Inc. Has $1.77 Million Holdings in Gentherm Incorporated (NASDAQ:THRM)

Chatham Capital Group Inc. lessened its stake in Gentherm Incorporated (NASDAQ:THRM) by 4.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,352 shares of the auto parts company’s stock after selling 2,150 shares during the quarter. Chatham Capital Group Inc. owned about 0.14% of Gentherm worth $1,771,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in THRM. MeadowBrook Investment Advisors LLC grew its holdings in Gentherm by 8.4% during the third quarter. MeadowBrook Investment Advisors LLC now owns 3,360 shares of the auto parts company’s stock valued at $156,000 after purchasing an additional 260 shares during the period. Rhumbline Advisers grew its holdings in Gentherm by 0.3% during the fourth quarter. Rhumbline Advisers now owns 90,758 shares of the auto parts company’s stock valued at $3,623,000 after purchasing an additional 277 shares during the period. Captrust Financial Advisors lifted its stake in Gentherm by 3.9% in the third quarter. Captrust Financial Advisors now owns 8,296 shares of the auto parts company’s stock valued at $386,000 after buying an additional 314 shares in the last quarter. Quarry LP lifted its stake in Gentherm by 952.9% in the third quarter. Quarry LP now owns 537 shares of the auto parts company’s stock valued at $25,000 after buying an additional 486 shares in the last quarter. Finally, KBC Group NV lifted its stake in Gentherm by 82.2% in 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 in the last quarter. Institutional investors and hedge funds own 97.13% of the company’s stock.

Gentherm Stock Performance

Shares of THRM stock opened at $32.06 on Friday. The company’s fifty day simple moving average is $37.16 and its 200-day simple moving average is $41.74. The company has a quick ratio of 1.38, a current ratio of 2.01 and a debt-to-equity ratio of 0.36. The firm has a market cap of $987.10 million, a PE ratio of 15.49 and a beta of 1.42. Gentherm Incorporated has a 12 month low of $30.25 and a 12 month high of $57.96.

Gentherm (NASDAQ:THRM) last announced its quarterly earnings data on Wednesday, February 19th. The auto parts company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.39). The business had revenue of $352.91 million during the quarter, compared to the consensus estimate of $360.29 million. Gentherm had a return on equity of 11.43% and a net margin of 4.46%. The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.90 EPS. Equities research analysts expect that Gentherm Incorporated will post 3.1 EPS for the current fiscal year.

Insiders Place Their Bets

In other Gentherm news, SVP Thomas Stocker sold 1,295 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $42.98, for a total transaction of $55,659.10. Following the sale, the senior vice president now directly owns 13,413 shares of the company’s stock, valued at approximately $576,490.74. This represents a 8.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on THRM. JPMorgan Chase & Co. cut their price target on shares of Gentherm from $56.00 to $51.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Robert W. Baird cut their price target on shares of Gentherm from $44.00 to $39.00 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. Finally, StockNews.com lowered shares of Gentherm from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 26th.

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.