Autohome Inc. (NYSE:ATHM) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC raised its stake in Autohome Inc. (NYSE:ATHM - Free Report) by 5.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 438,508 shares of the information services provider's stock after buying an additional 24,576 shares during the quarter. Geode Capital Management LLC owned approximately 0.36% of Autohome worth $11,311,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

ATHM has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised Autohome from a "neutral" rating to an "overweight" rating and increased their price target for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th. StockNews.com downgraded shares of Autohome from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Five analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Autohome has an average rating of "Hold" and an average price target of $32.00.

Autohome Price Performance

ATHM opened at $27.55 on Wednesday. Autohome Inc. has a 1-year low of $21.89 and a 1-year high of $34.70. The company has a market capitalization of $3.34 billion, a price-to-earnings ratio of 14.89 and a beta of 0.16. The business has a 50 day moving average price of $28.21 and a two-hundred day moving average price of $28.07.

Autohome (NYSE:ATHM - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The information services provider reported $0.50 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $243.26 million. Equities analysts expect that Autohome Inc. will post 1.84 EPS for the current fiscal year.

Autohome 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.

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