Autohome Inc. (NYSE:ATHM) Stock Holdings Increased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership raised its holdings in Autohome Inc. (NYSE:ATHM - Free Report) by 403.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,055 shares of the information services provider's stock after buying an additional 112,262 shares during the period. Arrowstreet Capital Limited Partnership owned about 0.12% of Autohome worth $3,634,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ATHM. Norges Bank acquired a new stake in shares of Autohome in the 4th quarter valued at about $12,195,000. JPMorgan Chase & Co. boosted its holdings in shares of Autohome by 3.1% in the fourth quarter. JPMorgan Chase & Co. now owns 159,800 shares of the information services provider's stock valued at $4,147,000 after acquiring an additional 4,812 shares in the last quarter. Prudential Financial Inc. increased its position in Autohome by 12.6% during the 4th quarter. Prudential Financial Inc. now owns 36,378 shares of the information services provider's stock worth $979,000 after purchasing an additional 4,085 shares during the period. Vanguard Group Inc. raised its position in Autohome by 5.6% in the fourth quarter. Vanguard Group Inc. now owns 2,475,258 shares of the information services provider's stock worth $64,233,000 after acquiring an additional 130,983 shares in the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Autohome in the fourth quarter valued at about $948,000. Hedge funds and other institutional investors own 63.08% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ATHM. StockNews.com lowered Autohome from a "buy" rating to a "hold" rating in a report on Friday, February 28th. JPMorgan Chase & Co. upgraded Autohome from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $24.00 to $36.00 in a report on Wednesday, March 12th. 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, the company has a consensus rating of "Hold" and a consensus target price of $32.00.

Autohome Stock Up 5.3 %

Shares of ATHM stock traded up $1.38 during mid-day trading on Monday, reaching $27.49. The company's stock had a trading volume of 44,119 shares, compared to its average volume of 511,825. The company's 50 day simple moving average is $28.46 and its 200-day simple moving average is $28.39. The firm has a market capitalization of $3.33 billion, a PE ratio of 14.92 and a beta of 0.16. Autohome Inc. has a 12-month low of $21.89 and a 12-month high of $34.70.

Autohome (NYSE:ATHM - Get Free Report) last announced its earnings results 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. The business had revenue of $244.33 million during the quarter, compared to the consensus estimate of $243.26 million. Autohome had a net margin of 23.02% and a return on equity of 7.79%. As a group, research analysts anticipate that Autohome Inc. will post 1.84 EPS for the current fiscal year.

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.