Goldman Sachs Group Inc. Has $3.11 Million Stake in Gentherm Inc (THRM)

Goldman Sachs Group Inc. increased its holdings in shares of Gentherm Inc (NASDAQ:THRM) by 96.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 98,069 shares of the auto parts company’s stock after acquiring an additional 48,233 shares during the period. Goldman Sachs Group Inc.’s holdings in Gentherm were worth $3,114,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. American International Group Inc. boosted its holdings in Gentherm by 5.8% in the 3rd quarter. American International Group Inc. now owns 29,043 shares of the auto parts company’s stock worth $1,079,000 after buying an additional 1,591 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Gentherm by 964.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,793 shares of the auto parts company’s stock worth $836,000 after buying an additional 20,651 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Gentherm by 15.3% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 209,307 shares of the auto parts company’s stock worth $7,776,000 after buying an additional 27,845 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Gentherm by 1.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,496,159 shares of the auto parts company’s stock worth $55,582,000 after buying an additional 25,861 shares during the last quarter. Finally, Thomson Horstmann & Bryant Inc. boosted its holdings in Gentherm by 15.5% in the 4th quarter. Thomson Horstmann & Bryant Inc. now owns 19,618 shares of the auto parts company’s stock worth $622,000 after buying an additional 2,628 shares during the last quarter. Hedge funds and other institutional investors own 98.49% of the company’s stock.

THRM opened at $35.00 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.98 and a current ratio of 2.69. Gentherm Inc has a 1-year low of $29.50 and a 1-year high of $40.80. The company has a market capitalization of $1,275.67, a price-to-earnings ratio of 20.29, a price-to-earnings-growth ratio of 0.62 and a beta of 1.71.



Gentherm (NASDAQ:THRM) last released its earnings results on Tuesday, February 20th. The auto parts company reported $0.61 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.08. Gentherm had a net margin of 3.57% and a return on equity of 11.81%. The business had revenue of $257.19 million for the quarter, compared to analyst estimates of $253.48 million. During the same period last year, the company posted $0.68 EPS. The business’s revenue was up 8.7% on a year-over-year basis. sell-side analysts forecast that Gentherm Inc will post 2.24 EPS for the current fiscal year.

Several research firms recently issued reports on THRM. BidaskClub upgraded Gentherm from a “hold” rating to a “buy” rating in a report on Wednesday, April 4th. Susquehanna Bancshares set a $35.00 price objective on Gentherm and gave the stock a “hold” rating in a report on Wednesday, March 14th. BMO Capital Markets set a $40.00 price objective on Gentherm and gave the stock a “buy” rating in a report on Wednesday, February 28th. Barrington Research reiterated a “buy” rating and issued a $43.00 price objective on shares of Gentherm in a report on Monday, February 26th. Finally, Zacks Investment Research cut Gentherm from a “hold” rating to a “sell” rating in a report on Saturday, February 24th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $39.56.

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Gentherm Company Profile

Gentherm Incorporated (Gentherm) is a global technology company engaged in the design, development, and manufacturing of thermal management technologies. The Company has two segments: Automotive and Industrial. Its products provide solutions for automotive passenger comfort and convenience, battery thermal management, remote power generation, patient temperature management, environmental product testing and other consumer and industrial temperature control needs.

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Institutional Ownership by Quarter for Gentherm (NASDAQ:THRM)

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