Jane Street Group LLC Buys Shares of 24,044 Autohome Inc. (NYSE:ATHM)

Jane Street Group LLC purchased a new position in Autohome Inc. (NYSE:ATHM - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 24,044 shares of the information services provider's stock, valued at approximately $784,000.

Several other large investors also recently added to or reduced their stakes in ATHM. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of Autohome by 11.4% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,311,742 shares of the information services provider's stock valued at $36,007,000 after acquiring an additional 133,993 shares during the period. Bank of Montreal Can raised its position in Autohome by 33.8% in the 3rd quarter. Bank of Montreal Can now owns 105,514 shares of the information services provider's stock worth $3,484,000 after purchasing an additional 26,657 shares during the period. Hsbc Holdings PLC lifted its stake in Autohome by 10.7% in the second quarter. Hsbc Holdings PLC now owns 249,984 shares of the information services provider's stock worth $6,862,000 after purchasing an additional 24,115 shares during the last quarter. Krane Funds Advisors LLC grew its stake in shares of Autohome by 10.7% during the second quarter. Krane Funds Advisors LLC now owns 2,816,972 shares of the information services provider's stock valued at $77,326,000 after buying an additional 272,092 shares during the last quarter. Finally, AQR Capital Management LLC purchased a new stake in shares of Autohome in the second quarter worth approximately $22,501,000. 63.08% of the stock is owned by institutional investors.

Autohome Trading Up 1.6 %

Shares of Autohome stock traded up $0.42 during trading on Friday, hitting $26.19. 376,320 shares of the stock traded hands, compared to its average volume of 425,010. The stock's fifty day simple moving average is $27.47 and its 200 day simple moving average is $27.38. The firm has a market cap of $3.17 billion, a P/E ratio of 13.03 and a beta of 0.20. Autohome Inc. has a 52-week low of $21.89 and a 52-week high of $34.70.

Autohome Increases Dividend

The firm also recently declared a Variable dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, December 31st will be issued a $1.15 dividend. The ex-dividend date is Tuesday, December 31st. This represents a dividend yield of 5.8%. This is a positive change from Autohome's previous Variable dividend of $0.57. Autohome's payout ratio is currently 83.58%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. StockNews.com downgraded Autohome from a "buy" rating to a "hold" rating in a research report on Tuesday, November 19th. CLSA cut shares of Autohome from an "outperform" rating to a "hold" rating in a report on Thursday, October 24th. The Goldman Sachs Group upgraded shares of Autohome to a "hold" rating in a report on Wednesday, December 11th. Finally, Hsbc Global Res raised shares of Autohome to a "strong-buy" rating in a research report on Thursday, October 3rd. Five investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target 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.