Brinker Capital Investments LLC Has $940,000 Holdings in Gentherm Incorporated (NASDAQ:THRM)

Brinker Capital Investments LLC lifted its holdings in Gentherm Incorporated (NASDAQ:THRMGet Rating) by 3.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 18,906 shares of the auto parts company’s stock after acquiring an additional 609 shares during the quarter. Brinker Capital Investments LLC’s holdings in Gentherm were worth $940,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of THRM. HighTower Trust Services LTA acquired a new stake in Gentherm during the second quarter worth about $267,000. Ronald Blue Trust Inc. acquired a new stake in Gentherm during the second quarter worth about $89,000. Eagle Bay Advisors LLC acquired a new stake in Gentherm during the second quarter worth about $87,000. US Bancorp DE grew its stake in Gentherm by 9.8% during the first quarter. US Bancorp DE now owns 2,805 shares of the auto parts company’s stock worth $206,000 after buying an additional 251 shares in the last quarter. Finally, Sageworth Trust Co grew its stake in Gentherm by 5,247.2% during the second quarter. Sageworth Trust Co now owns 2,834 shares of the auto parts company’s stock worth $177,000 after buying an additional 2,781 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Gentherm Trading Up 1.5 %

THRM opened at $72.55 on Monday. The company’s 50 day moving average is $69.91 and its 200-day moving average is $63.44. Gentherm Incorporated has a 1-year low of $49.45 and a 1-year high of $95.19. The company has a current ratio of 2.20, a quick ratio of 1.47 and a debt-to-equity ratio of 0.37. The company has a market cap of $2.41 billion, a P/E ratio of 50.03 and a beta of 1.30.

Gentherm (NASDAQ:THRMGet Rating) last posted its quarterly earnings results on Wednesday, November 2nd. The auto parts company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.14. Gentherm had a net margin of 4.39% and a return on equity of 10.22%. The company had revenue of $332.96 million for the quarter, compared to the consensus estimate of $318.54 million. Equities research analysts predict that Gentherm Incorporated will post 2.05 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Yijing Brentano sold 1,104 shares of the firm’s stock in a transaction that occurred on Thursday, November 10th. The shares were sold at an average price of $69.96, for a total value of $77,235.84. Following the completion of the transaction, the senior vice president now owns 16,641 shares in the company, valued at approximately $1,164,204.36. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, SVP Yijing Brentano sold 1,104 shares of the firm’s stock in a transaction that occurred on Thursday, November 10th. The shares were sold at an average price of $69.96, for a total value of $77,235.84. Following the completion of the transaction, the senior vice president now owns 16,641 shares in the company, valued at approximately $1,164,204.36. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Matthew Fisch sold 1,334 shares of the firm’s stock in a transaction that occurred on Tuesday, November 15th. The shares were sold at an average price of $74.98, for a total transaction of $100,023.32. Following the completion of the transaction, the senior vice president now owns 13,614 shares of the company’s stock, valued at approximately $1,020,777.72. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,838 shares of company stock worth $207,271. Corporate insiders own 1.32% of the company’s stock.

Analyst Upgrades and Downgrades

THRM has been the topic of a number of analyst reports. Seaport Res Ptn reiterated a “buy” rating on shares of Gentherm in a research note on Wednesday, November 2nd. TheStreet upgraded shares of Gentherm from a “c+” rating to a “b-” rating in a research note on Friday, December 2nd. Finally, StockNews.com initiated coverage on shares of Gentherm in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock.

Gentherm Company Profile

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Gentherm Incorporated designs, develops, manufactures, and markets thermal management technologies. 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 that utilize proprietary electronics technology and software; and other climate comfort systems, including neck conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.

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Institutional Ownership by Quarter for Gentherm (NASDAQ:THRM)

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