Autohome Inc. (NYSE:ATHM) Shares Bought by California Public Employees Retirement System

California Public Employees Retirement System raised its stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 67.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 137,442 shares of the information services provider's stock after purchasing an additional 55,243 shares during the period. California Public Employees Retirement System owned 0.11% of Autohome worth $3,567,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Vontobel Holding Ltd. raised its position in shares of Autohome by 27.4% in the 4th quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock worth $222,000 after buying an additional 1,841 shares during the period. Asset Management One Co. Ltd. lifted its stake 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 valued at $261,000 after purchasing an additional 2,652 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Autohome during the 4th quarter worth about $269,000. Ritholtz Wealth Management increased its position in 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 purchasing an additional 778 shares in the last quarter. Finally, Rhumbline Advisers raised its holdings in Autohome by 3.1% in 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. Hedge funds and other institutional investors own 63.08% of the company's stock.

Autohome Stock Up 5.3 %

Shares of ATHM traded up $1.38 during mid-day trading on Monday, hitting $27.49. The stock had a trading volume of 50,474 shares, compared to its average volume of 521,316. Autohome Inc. has a fifty-two week low of $21.89 and a fifty-two week high of $34.70. The company has a market cap of $3.33 billion, a PE ratio of 14.86 and a beta of 0.16. The company's fifty day simple moving average is $28.46 and its two-hundred day simple moving average is $28.39.

Autohome (NYSE:ATHM - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The information services provider reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.01. The firm 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%. Equities analysts expect that Autohome Inc. will post 1.84 earnings per share for the current year.

Wall Street Analyst Weigh In

ATHM has been the subject of several recent research reports. StockNews.com lowered shares of Autohome from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. JPMorgan Chase & Co. upgraded Autohome from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Autohome presently has a consensus rating of "Hold" and a consensus target price 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.