Autohome Inc. (NYSE:ATHM) Receives Consensus Rating of "Hold" from Analysts

Autohome Inc. (NYSE:ATHM - Get Free Report) has earned an average rating of "Hold" from the five ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $28.00.

A number of equities research analysts have issued reports on ATHM shares. CLSA lowered shares of Autohome from an "outperform" rating to a "hold" rating in a report on Thursday, October 24th. Hsbc Global Res raised Autohome to a "strong-buy" rating in a research note on Thursday, October 3rd. StockNews.com raised Autohome from a "hold" rating to a "buy" rating in a research report on Friday. Finally, The Goldman Sachs Group raised Autohome to a "hold" rating in a research report on Wednesday, December 11th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ATHM. DekaBank Deutsche Girozentrale raised its holdings in Autohome by 93.9% in the second quarter. DekaBank Deutsche Girozentrale now owns 5,397 shares of the information services provider's stock valued at $146,000 after acquiring an additional 2,614 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Autohome by 23.5% during the second quarter. Van ECK Associates Corp now owns 7,098 shares of the information services provider's stock worth $195,000 after purchasing an additional 1,351 shares during the last quarter. Vontobel Holding Ltd. acquired a new position in Autohome in the third quarter worth about $219,000. XTX Topco Ltd bought a new stake in Autohome in the second quarter valued at about $221,000. Finally, BlueCrest Capital Management Ltd acquired a new position in shares of Autohome in the 3rd quarter worth approximately $228,000. 63.08% of the stock is owned by hedge funds and other institutional investors.

Autohome Price Performance

ATHM traded up $0.07 during trading hours on Tuesday, reaching $26.29. The company's stock had a trading volume of 534,850 shares, compared to its average volume of 479,337. The stock has a market cap of $3.18 billion, a PE ratio of 13.08 and a beta of 0.18. Autohome has a fifty-two week low of $21.89 and a fifty-two week high of $34.70. The business's 50-day moving average is $27.40 and its 200-day moving average is $27.37.

Autohome Increases Dividend

The company also recently announced a Variable dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $1.15 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a dividend yield of 5.8%. This is a boost from Autohome's previous Variable dividend of $0.57. Autohome's payout ratio is presently 83.58%.

About Autohome

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.