E Fund Management Co. Ltd. Sells 26,943 Shares of Autohome Inc. (NYSE:ATHM)

E Fund Management Co. Ltd. trimmed its holdings in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 6.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 389,214 shares of the information services provider's stock after selling 26,943 shares during the period. Autohome makes up approximately 0.5% of E Fund Management Co. Ltd.'s holdings, making the stock its 28th largest position. E Fund Management Co. Ltd. owned approximately 0.32% of Autohome worth $10,100,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in ATHM. Vontobel Holding Ltd. grew its position in Autohome by 27.4% during 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. BlueCrest Capital Management Ltd purchased a new stake in Autohome during the 3rd quarter valued at $228,000. Asset Management One Co. Ltd. increased 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 purchasing an additional 2,652 shares in the last quarter. Ritholtz Wealth Management raised its stake in shares of Autohome by 8.1% in the fourth quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider's stock worth $270,000 after purchasing an additional 778 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of Autohome by 31.2% during the third quarter. Van ECK Associates Corp now owns 9,310 shares of the information services provider's stock valued at $304,000 after purchasing an additional 2,212 shares in the last quarter. 63.08% of the stock is owned by institutional investors.

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Autohome Trading Down 1.1 %

NYSE ATHM traded down $0.35 on Monday, hitting $30.18. 547,724 shares of the company traded hands, compared to its average volume of 473,895. The business's 50 day moving average price is $27.96 and its 200-day moving average price is $28.23. Autohome Inc. has a 52-week low of $21.89 and a 52-week high of $34.70. The company has a market capitalization of $3.66 billion, a price-to-earnings ratio of 16.31 and a beta of 0.20.

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

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on ATHM shares. StockNews.com cut shares of Autohome from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. The Goldman Sachs Group upgraded shares of Autohome to a "hold" rating in a research note on Wednesday, December 11th. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $28.00.

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.