Bank of America Corp DE increased its stake in shares of Gentherm Inc (NASDAQ:THRM) by 15.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 311,203 shares of the auto parts company’s stock after purchasing an additional 40,928 shares during the period. Bank of America Corp DE owned approximately 0.89% of Gentherm worth $12,441,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. D.B. Root & Company LLC boosted its position in shares of Gentherm by 8.5% during the 4th quarter. D.B. Root & Company LLC now owns 6,376 shares of the auto parts company’s stock worth $255,000 after purchasing an additional 501 shares during the period. Advisor Group Inc. boosted its position in Gentherm by 70.1% in the 4th quarter. Advisor Group Inc. now owns 1,354 shares of the auto parts company’s stock valued at $54,000 after buying an additional 558 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Gentherm by 37.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,589 shares of the auto parts company’s stock valued at $104,000 after buying an additional 703 shares during the period. Strs Ohio boosted its position in Gentherm by 800.0% in the 4th quarter. Strs Ohio now owns 900 shares of the auto parts company’s stock valued at $35,000 after buying an additional 800 shares during the period. Finally, American Trust Investment Advisors LLC boosted its position in Gentherm by 1.8% in the 4th quarter. American Trust Investment Advisors LLC now owns 48,250 shares of the auto parts company’s stock valued at $1,929,000 after buying an additional 830 shares during the period.

Several brokerages have commented on THRM. Craig Hallum cut shares of Gentherm from a “buy” rating to a “hold” rating and decreased their price target for the company from $48.00 to $46.00 in a research report on Thursday, February 21st. Zacks Investment Research cut shares of Gentherm from a “hold” rating to a “sell” rating in a research report on Tuesday, February 5th. TheStreet raised shares of Gentherm from a “c” rating to a “b-” rating in a research report on Friday, February 22nd. CL King began coverage on shares of Gentherm in a research report on Thursday, December 20th. They issued a “neutral” rating for the company. Finally, BidaskClub cut shares of Gentherm from a “hold” rating to a “sell” rating in a research report on Saturday, February 9th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. Gentherm currently has an average rating of “Hold” and a consensus price target of $45.22.

Shares of THRM opened at $40.43 on Thursday. Gentherm Inc has a twelve month low of $30.45 and a twelve month high of $50.30. The firm has a market capitalization of $1.33 billion, a PE ratio of 19.07 and a beta of 1.27. The company has a current ratio of 2.53, a quick ratio of 1.88 and a debt-to-equity ratio of 0.28.

Gentherm (NASDAQ:THRM) last announced its quarterly earnings data on Thursday, February 21st. The auto parts company reported $0.50 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.08). Gentherm had a net margin of 4.04% and a return on equity of 13.83%. The firm had revenue of $253.65 million during the quarter, compared to analyst estimates of $266.86 million. During the same quarter in the previous year, the business posted $0.61 earnings per share. Gentherm’s revenue for the quarter was down 1.4% compared to the same quarter last year. Equities analysts expect that Gentherm Inc will post 2.09 EPS for the current year.

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Gentherm Profile

Gentherm Incorporated designs, develops, and manufactures thermal management technologies in North America, Europe, and Asia. The company operates through two segments, Automotive and Industrial. The Automotive segment offers automotive seat comfort systems, including seat heaters, variable temperature climate control seats that are designed to provide individualized thermal comfort to automobile passengers; and integrated electronic components, such as blowers and electronic control units.

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Institutional Ownership by Quarter for Gentherm (NASDAQ:THRM)

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