Autohome Inc. (NYSE:ATHM) Shares Purchased by Krane Funds Advisors LLC

Krane Funds Advisors LLC lifted its stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 7.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,852,716 shares of the information services provider's stock after acquiring an additional 191,845 shares during the period. Autohome accounts for approximately 3.0% of Krane Funds Advisors LLC's portfolio, making the stock its 11th biggest position. Krane Funds Advisors LLC owned about 2.36% of Autohome worth $74,028,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rhumbline Advisers raised its stake in shares of Autohome by 3.1% in the 4th quarter. Rhumbline Advisers now owns 13,761 shares of the information services provider's stock valued at $357,000 after acquiring an additional 420 shares during the period. Ritholtz Wealth Management lifted its stake in Autohome by 8.1% during the fourth 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. Vontobel Holding Ltd. boosted its position in shares of 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 buying an additional 1,841 shares during the period. Sanctuary Advisors LLC grew its stake in shares of Autohome by 16.7% in the third quarter. Sanctuary Advisors LLC now owns 15,488 shares of the information services provider's stock valued at $505,000 after buying an additional 2,221 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Autohome by 5.5% in the 4th quarter. Franklin Resources Inc. now owns 43,714 shares of the information services provider's stock valued at $1,134,000 after buying an additional 2,266 shares during the period. Institutional investors and hedge funds own 63.08% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on ATHM shares. JPMorgan Chase & Co. raised Autohome from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $24.00 to $36.00 in a research report on Wednesday, March 12th. StockNews.com downgraded shares of Autohome from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $32.00.

Autohome Stock Up 3.1 %

Autohome stock traded up $0.80 during trading on Friday, reaching $26.21. The stock had a trading volume of 736,527 shares, compared to its average volume of 513,291. Autohome Inc. has a 52-week low of $21.89 and a 52-week high of $34.70. The stock has a market cap of $3.17 billion, a PE ratio of 14.17 and a beta of 0.16. The business has a 50 day moving average price of $28.46 and a 200 day moving average price of $28.41.

Autohome (NYSE:ATHM - Get Free Report) last issued its earnings results 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%. On average, equities analysts predict that Autohome Inc. will post 1.84 EPS for the current fiscal year.

Autohome 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.