Autohome Inc. (NYSE:ATHM) Shares Purchased by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. raised its stake in Autohome Inc. (NYSE:ATHM - Free Report) by 155.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 203,295 shares of the information services provider's stock after purchasing an additional 123,787 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned 0.17% of Autohome worth $5,276,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. US Bancorp DE lifted its position in Autohome by 19.5% in the fourth quarter. US Bancorp DE now owns 35,920 shares of the information services provider's stock valued at $932,000 after purchasing an additional 5,850 shares during the period. North of South Capital LLP boosted its stake in shares of Autohome by 16.3% in the fourth quarter. North of South Capital LLP now owns 1,965,350 shares of the information services provider's stock valued at $51,001,000 after buying an additional 274,974 shares in the last quarter. Alberta Investment Management Corp grew its holdings in Autohome by 3.5% during the fourth quarter. Alberta Investment Management Corp now owns 254,139 shares of the information services provider's stock worth $6,595,000 after acquiring an additional 8,545 shares during the period. Rhumbline Advisers raised its position in Autohome by 3.1% in the fourth quarter. Rhumbline Advisers now owns 13,761 shares of the information services provider's stock worth $357,000 after acquiring an additional 420 shares in the last quarter. Finally, Vontobel Holding Ltd. lifted its holdings in Autohome by 27.4% in the fourth quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock valued at $222,000 after acquiring an additional 1,841 shares during the period. Institutional investors and hedge funds own 63.08% of the company's stock.

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Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. The Goldman Sachs Group upgraded shares of Autohome to a "hold" rating in a research note on Wednesday, December 11th. JPMorgan Chase & Co. upgraded shares of 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 research report on Wednesday, March 12th. Finally, StockNews.com cut Autohome from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Autohome currently has an average rating of "Hold" and a consensus price target of $32.00.

Autohome Stock Down 2.5 %

Shares of ATHM traded down $0.76 during mid-day trading on Thursday, reaching $29.61. 277,445 shares of the company's stock were exchanged, compared to its average volume of 519,316. Autohome Inc. has a 52-week low of $21.89 and a 52-week high of $34.70. The company has a 50-day simple moving average of $28.62 and a two-hundred day simple moving average of $28.51. The company has a market cap of $3.59 billion, a price-to-earnings ratio of 16.00 and a beta of 0.20.

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

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.