O Shaughnessy Asset Management LLC Increases Stock Position in Autohome Inc. (NYSE:ATHM)

O Shaughnessy Asset Management LLC increased its stake in shares of Autohome Inc. (NYSE:ATHM - Free Report) by 53.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,749 shares of the information services provider's stock after purchasing an additional 16,282 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Autohome were worth $1,213,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. grew its holdings 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 in the last quarter. Asset Management One Co. Ltd. grew its stake in Autohome by 37.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 9,742 shares of the information services provider's stock worth $261,000 after acquiring an additional 2,652 shares during the period. Quantbot Technologies LP acquired a new position in Autohome in the 4th quarter valued at $269,000. Ritholtz Wealth Management raised its holdings in Autohome by 8.1% in the 4th quarter. Ritholtz Wealth Management now owns 10,399 shares of the information services provider's stock valued at $270,000 after acquiring an additional 778 shares during the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of Autohome by 3.1% during the fourth quarter. Rhumbline Advisers now owns 13,761 shares of the information services provider's stock worth $357,000 after purchasing an additional 420 shares during the last quarter. Institutional investors and hedge funds own 63.08% of the company's stock.

Wall Street Analyst Weigh In

ATHM has been the subject of several analyst reports. JPMorgan Chase & Co. upgraded Autohome from a "neutral" rating to an "overweight" rating and upped their target price for the company from $24.00 to $36.00 in a research note 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 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. According to MarketBeat, Autohome has an average rating of "Hold" and a consensus target price of $32.00.

Autohome Stock Performance

Shares of ATHM traded up $0.80 during trading hours on Friday, hitting $26.21. The stock had a trading volume of 736,527 shares, compared to its average volume of 513,291. The company's fifty day simple moving average is $28.46 and its 200 day simple moving average is $28.41. Autohome Inc. has a 12-month low of $21.89 and a 12-month high of $34.70. The firm has a market cap of $3.17 billion, a P/E ratio of 14.17 and a beta of 0.16.

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

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.