Barrow Hanley Mewhinney & Strauss LLC Has $36.10 Million Stake in Gentherm Incorporated (NASDAQ:THRM)

Barrow Hanley Mewhinney & Strauss LLC lowered its holdings in Gentherm Incorporated (NASDAQ:THRM) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 904,102 shares of the auto parts company’s stock after selling 42,620 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 2.92% of Gentherm worth $36,096,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Quarry LP grew its holdings in shares of Gentherm by 952.9% during 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 during the last quarter. Signaturefd LLC boosted its stake in Gentherm by 233.8% during the 4th quarter. Signaturefd LLC now owns 661 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 463 shares during the last quarter. KBC Group NV raised its stake in shares of Gentherm by 82.2% in the fourth quarter. KBC Group NV now owns 1,822 shares of the auto parts company’s stock worth $73,000 after purchasing an additional 822 shares during the last quarter. Palouse Capital Management Inc. lifted its holdings in shares of Gentherm by 91.6% in the fourth quarter. Palouse Capital Management Inc. now owns 3,585 shares of the auto parts company’s stock valued at $143,000 after purchasing an additional 1,714 shares in the last quarter. Finally, MeadowBrook Investment Advisors LLC boosted its position in shares of Gentherm by 37.8% during the fourth quarter. MeadowBrook Investment Advisors LLC now owns 4,630 shares of the auto parts company’s stock valued at $185,000 after buying an additional 1,270 shares during the last quarter. Institutional investors own 97.13% of the company’s stock.

Gentherm Stock Down 5.8 %

Shares of NASDAQ:THRM opened at $27.41 on Monday. Gentherm Incorporated has a 1 year low of $27.36 and a 1 year high of $57.96. The company has a market capitalization of $843.93 million, a PE ratio of 13.24 and a beta of 1.45. The business has a fifty day moving average price of $34.35 and a two-hundred day moving average price of $39.57. 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 (NASDAQ:THRM) last posted its quarterly earnings results on Wednesday, February 19th. The auto parts company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.39). The company had revenue of $352.91 million for the quarter, compared to the consensus estimate of $360.29 million. Gentherm had a net margin of 4.46% and a return on equity of 11.43%. Gentherm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS. Analysts forecast that Gentherm Incorporated will post 3.1 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on THRM. StockNews.com lowered Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 26th. Robert W. Baird dropped their price target 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. Finally, JPMorgan Chase & Co. reduced their price objective 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.