Harvest Fund Management Co. Ltd Has $681,000 Stock Position in Autohome Inc. (NYSE:ATHM)

Harvest Fund Management Co. Ltd decreased its position in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 30.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,278 shares of the information services provider's stock after selling 11,629 shares during the quarter. Harvest Fund Management Co. Ltd's holdings in Autohome were worth $681,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new position in shares of Autohome during the third quarter worth $6,663,000. Jane Street Group LLC acquired a new stake in Autohome during the 3rd quarter worth $784,000. Vontobel Holding Ltd. lifted its holdings in Autohome by 27.4% during the fourth quarter. Vontobel Holding Ltd. now owns 8,564 shares of the information services provider's stock worth $222,000 after acquiring an additional 1,841 shares in the last quarter. Bank of Montreal Can grew its stake in Autohome by 33.8% in the third quarter. Bank of Montreal Can now owns 105,514 shares of the information services provider's stock valued at $3,484,000 after acquiring an additional 26,657 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Autohome by 78.1% in the third quarter. JPMorgan Chase & Co. now owns 154,988 shares of the information services provider's stock worth $5,056,000 after acquiring an additional 67,957 shares in the last quarter. Institutional investors and hedge funds own 63.08% of the company's stock.

Autohome Stock Down 2.1 %

Shares of NYSE:ATHM traded down $0.59 during mid-day trading on Tuesday, reaching $27.74. 564,387 shares of the stock were exchanged, compared to its average volume of 475,816. The stock's 50 day simple moving average is $28.83 and its 200-day simple moving average is $28.59. Autohome Inc. has a one year low of $21.89 and a one year high of $34.70. The company has a market cap of $3.36 billion, a P/E ratio of 14.99 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. Autohome had a return on equity of 7.79% and a net margin of 23.02%. The firm had revenue of $244.33 million during the quarter, compared to the consensus estimate of $243.26 million. Analysts anticipate that Autohome Inc. will post 1.84 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ATHM shares. The Goldman Sachs Group upgraded Autohome to a "hold" rating in a report on Wednesday, December 11th. StockNews.com downgraded shares of Autohome from a "buy" rating to a "hold" rating in a report on Friday, February 28th. Finally, JPMorgan Chase & Co. upgraded shares of Autohome from a "neutral" rating to an "overweight" rating and upped their price target for the company from $24.00 to $36.00 in a report on Wednesday, March 12th. Five research 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average 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.