Autohome Inc. (NYSE:ATHM) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 20.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,633 shares of the information services provider's stock after selling 17,613 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.06% of Autohome worth $1,807,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Prudential Financial Inc. increased its holdings in Autohome by 12.6% in the fourth quarter. Prudential Financial Inc. now owns 36,378 shares of the information services provider's stock valued at $979,000 after buying an additional 4,085 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Autohome by 5.6% during the 4th quarter. Vanguard Group Inc. now owns 2,475,258 shares of the information services provider's stock worth $64,233,000 after acquiring an additional 130,983 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Autohome in the 4th quarter valued at about $948,000. Sei Investments Co. increased its holdings in shares of Autohome by 34.6% in the 4th quarter. Sei Investments Co. now owns 337,746 shares of the information services provider's stock valued at $8,764,000 after acquiring an additional 86,754 shares during the last quarter. Finally, American Century Companies Inc. raised its position in shares of Autohome by 3.4% during the 4th quarter. American Century Companies Inc. now owns 541,940 shares of the information services provider's stock worth $14,063,000 after acquiring an additional 17,706 shares in the last quarter. Hedge funds and other institutional investors own 63.08% of the company's stock.

Autohome Stock Down 5.3 %

NYSE:ATHM traded down $1.44 during midday trading on Friday, reaching $25.88. The stock had a trading volume of 712,038 shares, compared to its average volume of 504,457. The stock has a market cap of $3.13 billion, a P/E ratio of 13.99 and a beta of 0.16. Autohome Inc. has a 12-month low of $21.89 and a 12-month high of $34.70. The firm has a fifty day simple moving average of $28.93 and a two-hundred day simple moving average of $28.61.

Autohome (NYSE:ATHM - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The information services provider reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.49 by $0.01. The company had revenue of $244.33 million for the quarter, compared to analyst estimates of $243.26 million. Autohome had a return on equity of 7.79% and a net margin of 23.02%. On average, sell-side analysts anticipate that Autohome Inc. will post 1.84 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on ATHM. StockNews.com lowered shares of Autohome from a "buy" rating to a "hold" rating in a research note on Friday, February 28th. The Goldman Sachs Group upgraded shares of Autohome to a "hold" rating in a report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. upgraded shares of Autohome from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $24.00 to $36.00 in a research note on Wednesday, March 12th. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Autohome has an average rating of "Hold" and a consensus price target of $32.00.

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.