Barrow Hanley Mewhinney & Strauss LLC Has $36.01 Million Holdings in Autohome Inc. (NYSE:ATHM)

Barrow Hanley Mewhinney & Strauss LLC lifted its stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 11.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,311,742 shares of the information services provider's stock after acquiring an additional 133,993 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 1.04% of Autohome worth $36,007,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. California State Teachers Retirement System lifted its position in shares of Autohome by 4.9% during the 1st quarter. California State Teachers Retirement System now owns 7,448 shares of the information services provider's stock worth $195,000 after purchasing an additional 348 shares during the last quarter. Parallel Advisors LLC raised its stake in Autohome by 99.4% during the 4th quarter. Parallel Advisors LLC now owns 1,318 shares of the information services provider's stock valued at $37,000 after purchasing an additional 657 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its holdings in Autohome by 88.9% in the 1st quarter. Public Employees Retirement Association of Colorado now owns 1,700 shares of the information services provider's stock valued at $45,000 after purchasing an additional 800 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Autohome by 24.2% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 4,676 shares of the information services provider's stock worth $123,000 after purchasing an additional 912 shares during the period. Finally, Atlas Capital Advisors LLC acquired a new position in shares of Autohome during the second quarter valued at about $28,000. Institutional investors and hedge funds own 63.08% of the company's stock.

Autohome Price Performance

Shares of NYSE:ATHM traded up $0.95 during midday trading on Monday, reaching $29.06. The company's stock had a trading volume of 385,526 shares, compared to its average volume of 470,488. The business's fifty day simple moving average is $25.20 and its 200-day simple moving average is $26.38. The company has a market capitalization of $3.65 billion, a P/E ratio of 13.77 and a beta of 0.15. Autohome Inc. has a fifty-two week low of $21.89 and a fifty-two week high of $30.92.

Autohome (NYSE:ATHM - Get Free Report) last released its earnings results on Wednesday, July 31st. The information services provider reported $4.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $4.12. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.87 billion. Autohome had a net margin of 25.81% and a return on equity of 8.19%. The company's revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.59 EPS. On average, analysts forecast that Autohome Inc. will post 1.96 earnings per share for the current fiscal year.

Autohome announced that its board has approved a stock buyback plan on Wednesday, September 4th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the information services provider to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Analyst Ratings Changes

ATHM has been the topic of several recent research reports. Benchmark lowered Autohome from a "buy" rating to a "hold" rating in a report on Wednesday, July 24th. StockNews.com upgraded shares of Autohome from a "hold" rating to a "buy" rating in a research note on Friday, August 9th. Finally, Citigroup restated a "neutral" rating and issued a $28.00 price objective (down previously from $31.00) on shares of Autohome in a research note on Friday, July 19th.

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.