Autohome Inc. (NYSE:ATHM) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. increased its stake in Autohome Inc. (NYSE:ATHM - Free Report) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 541,940 shares of the information services provider's stock after buying an additional 17,706 shares during the period. American Century Companies Inc. owned 0.45% of Autohome worth $14,063,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ATHM. Vontobel Holding Ltd. grew its stake in Autohome by 27.4% in the fourth quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock worth $222,000 after purchasing an additional 1,841 shares in the last quarter. Asset Management One Co. Ltd. lifted its holdings in shares of Autohome by 37.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider's stock worth $261,000 after buying an additional 2,652 shares during the period. Quantbot Technologies LP bought a new position in shares of Autohome during the 4th quarter worth $269,000. Ritholtz Wealth Management grew its position in shares of Autohome by 8.1% during the 4th quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider's stock worth $270,000 after buying an additional 778 shares in the last quarter. Finally, Rhumbline Advisers increased its stake in shares of Autohome by 3.1% during the fourth quarter. Rhumbline Advisers now owns 13,761 shares of the information services provider's stock valued at $357,000 after buying an additional 420 shares during the period. Institutional investors own 63.08% of the company's stock.

Autohome Stock Down 5.3 %

Shares of NYSE ATHM traded down $1.44 during trading hours on Friday, hitting $25.88. 712,038 shares of the stock were exchanged, compared to its average volume of 504,457. Autohome Inc. has a 12 month low of $21.89 and a 12 month high of $34.70. The firm has a fifty day moving average price of $28.93 and a 200-day moving average price of $28.61. The company has a market cap of $3.13 billion, a PE ratio of 13.99 and a beta of 0.16.

Autohome (NYSE:ATHM - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.49 by $0.01. Autohome had a return on equity of 7.79% and a net margin of 23.02%. The business had revenue of $244.33 million for the quarter, compared to the consensus estimate of $243.26 million. As a group, equities analysts anticipate that Autohome Inc. will post 1.84 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Autohome from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th. StockNews.com cut shares of Autohome from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Finally, The Goldman Sachs Group raised shares of Autohome to a "hold" rating in a research note on Wednesday, December 11th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $32.00.

Autohome Company Profile

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps.